Home › Forums › Ask an Expert › Any FBT liability arises in New Zealand for gifting my employees? › Reply To: Any FBT liability arises in New Zealand for gifting my employees?
Hi Wiktor,
There will not be an FBT liability. Because of the $300 Exemption limit ($1,200 per year) employers are allowed to provide benefits up to the sum of $300 per quarter ($1,200 per year) without attracting an FBT liability.