Plain language law
New Zealand law explained for everyone
CX 2: Meaning of fringe benefit
or “What counts as a job-related benefit from your employer”
or “What counts as a job-related benefit from your employer”
You could also call this:
“Fringe benefits from your job are not counted as taxable income”
If you get a fringe benefit from your job, you don’t have to count it as part of your income. This means you won’t pay tax on it like you do with your regular pay. A fringe benefit is something extra your employer gives you that’s not part of your normal wages or salary. It’s a special kind of benefit that the law treats differently from your other income.
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Next up: CX 4: Relationship with assessable income
or “How job benefits relate to your taxable income”