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Last Updated October 13, 2023

New Zealand
Electric Bike Rebate and Tax Credit

illustration of an eBike

Rebate Summary

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.

Country
New Zealand
Incentive Type
Fringe Tax Benefit
Date Proposed
2023-03-14
Purchase Requirements
For employers to give as an incentive to their employees and not occur the fringe tax.

Top Vehicles

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Rad Power Bikes

Radster Trail

4.5
$1,999

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