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Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more: Beehive.govt.nz

Before you start

You'll need:

  • number of private use days
  • recipient contributions, if any.

To keep track of the FBT on multiple vehicles, you can also add details such as the employee’s name, and make, model and registration of the vehicle.

Tax book value or original cost of the vehicle

You can calculate the value of motor vehicles for FBT based on either the vehicle’s tax value or its cost price. 

Clean car discount scheme and state sector decarbonisation fund

If you receive the clean car rebate or pay a fee for a high emission vehicle it may affect the cost price of the vehicle for FBT.

Clean car discount scheme

The state sector decarbonisation fund does not change the cost price of the vehicle.

Enter the details into our calculator

You can now work out all your FBT on one calculator depending on how you file.
7 minutes
Fringe benefit tax quarterly calculator

Use this calculator to work out FBT on all benefits provided when you file quarterly FBT returns.

Go to this tool

Select the rate and add GST-exempt or zero-rated fringe benefits

Select either the standard rate or alternate rate.

Add any GST-exempt or zero-rated fringe benefits.

Copy the results into your FBT return

7 minutes
Fringe benefit tax annual calculator

Use this calculator to work out FBT on all benefits provided when you file annual FBT returns.

Go to this tool
7 minutes
Fringe benefit tax income year calculator

Use this calculator to work out FBT on all benefits provided when you file income year FBT returns.

Go to this tool
Last updated: 31 Mar 2023
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