Last Updated October 13, 2023
New Zealand
Electric Bike Rebates and Tax Credits
Latest Rebates and Tax Credits - New Zealand
Fringe Tax Benefit
Employers are set to be able to offer their staff ebikes without incurring fringe benefit tax. “To put this into an example, if a e-bike ordinarily cost $3000, that might actually cost an employee $4500 of pre-tax earnings, so the employee may reduce their pre-tax earnings by $3000 and receive a bike - the employer may choose to provide their own subsidy or contribution also to reduce the actual cost to the employee.
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