Motor Vehicle FBT—Current Rules vs Proposed 2026 Bill Changes (live webinar)
Price excludes GST. Broadcast Date: 30 Sept 2026 (10:00-11:00pm)
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Product Description
This technical update examines the current New Zealand fringe benefit tax rules for employer-provided motor vehicles and the proposed changes contained in the 2026 FBT simplification Bill.
The course explains when motor vehicle FBT applies under the current rules, how taxable value is calculated, and how exemptions, day-counting, valuation methods, pooled vehicles, leased vehicles, employee contributions and close company elections operate in practice.
This course compares the current regime with the proposed category-based approach expected to apply from 1 April 2027, under which most employer-provided vehicles would move away from daily private-use tracking and instead be classified into one of six use-based categories. The session covers the proposed inclusion rates, branding requirements, treatment of commuting and incidental use, valuation rates for petrol, diesel, hybrid and electric vehicles, and the proposed increase in the motor vehicle weight limit from 3,500 kg to 6,000 kg.
Participants will also consider practical preparation steps for employers, including fleet mapping, category evidence, vehicle branding, policy updates, payroll and FBT system changes, and monitoring the Bill through to enactment.
The Bill is proposed law only, and current rules continue to apply unless and until amendments are enacted.
WHO SHOULD ATTEND
This course is designed for accountants, tax advisers, payroll specialists and business professionals who need to understand the practical effect of the proposed motor vehicle FBT changes and how they compare with the current rules.
PRESENTER
Stephen Richards, Partner – Tax Advisory, Findex/Crowe
Stephen Richards is Partner in the Tax Advisory team at Findex. Findex is one of the largest providers of integrated financial advisory and accounting services to individuals, SMEs, and corporates in Australasia. Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CCH, CAANZ, and TEO Training courses and lecturing in taxation practice at the University of Otago. Stephen is renowned for making complex topics understandable.