Fringe Benefit Tax (FBT)
If your business provides perks to employees or shareholder-employees, such as company vehicles, health insurance, low-interest loans, or other non-cash benefits, you are likely required to file and pay Fringe Benefit Tax with Inland Revenue. FBT rules can be complex, and errors or missed obligations are more common than many business owners realise.
At Kahui Advisory, we manage your FBT obligations from start to finish. We identify what is taxable, calculate what is owed, and ensure your returns are filed accurately and on time. Our goal is to keep you compliant while making sure you are not paying more than you need to.
Understand What’s Taxable
FBT can be confusing, especially when it comes to determining which benefits are taxable and which are exempt. We review your current setup and provide clear guidance so you understand your obligations.
Our support includes:
- Reviewing benefits provided to employees and shareholder-employees
- Identifying FBT obligations and risk areas
- Advising on exempt versus taxable benefits
- Highlighting any gaps or missed requirements
Accurate Filing and Ongoing Compliance
FBT returns must be filed either quarterly or annually, depending on your business. Kahui Advisory ensures everything is calculated correctly and submitted on time.
Our FBT compliance services include:
- Preparation and filing of FBT returns with IRD
- Calculation of FBT payable
- Ensuring alignment with your payroll and financial records
- Managing deadlines and filing requirements
You can rely on us to handle the detail and keep everything running smoothly.
Support as Your Business Evolves
As your team grows or your benefits change, your FBT position can shift. We provide ongoing support to ensure your obligations remain accurate and up to date.
We help you:
- Adjust to changes in employee benefits or structure
- Review shareholder-employee benefit arrangements
- Plan ahead for any tax implications
- Stay compliant as IRD rules evolve
With proactive support, you avoid surprises and stay in control.
Reduce Risk and Stay in Control
With Kahui Advisory managing your FBT, you can:
- Avoid common errors and missed obligations
- Stay compliant with IRD requirements
- Ensure accurate and consistent reporting
- Gain clarity around employee benefit tax treatment
- Focus on running your business with confidence
FBT does not need to be a burden. With the right support, it becomes a straightforward part of your compliance.
Let's discuss your needs
If you provide employee benefits and want to ensure everything is handled correctly, Kahui Advisory is here to help. Our Fringe Benefit Tax service ensures you stay compliant with confidence.