Free FBT Subsidised Transport Calculator for New Zealanders
Transport benefits outside the public-transport-to-work exemption (for example, taxi vouchers for non-work travel or subsidised parking outside an exempt zone) can attract FBT on the market value of the subsidy.
Your subsidy
$1,200
$
GST registered
FBT payable
$767
per employee, per year
Based on a $1,200 market value subsidy, GST registered.
Taxable value (GST-inclusive)$1,200
FBT @ 63.93% single rate$767
Net employer cost$1,967
About our FBT Subsidised Transport Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.