New Zealand: Consultation on reform of fringe benefit tax rules
Comments are due by May 5, 2025.
Inland Revenue today released an issues paper consulting on a range of options for updating and simplifying New Zealand’s fringe benefit tax (FBT) rules.
The key areas targeted for reform include:
- Motor vehicles
- Unclassified benefits
- Entertainment expenses
- Miscellaneous benefits
- Data, filing and integrity
Comments are due by May 5, 2025.
Read an April 2025 report prepared by the KPMG member firm in New Zealand