Plain language law

New Zealand law explained for everyone

Plain Language Law homepage
CX 13: Contributions to superannuation schemes
or “Employer payments to your superannuation scheme”

You could also call this:

“Employer payments to health and life insurance funds count as a benefit”

You get a fringe benefit when your employer adds money to a fund that helps you if you get sick, have an accident, or die. This fund is called a sickness, accident, or death benefit fund. The money your employer puts into this fund for you is seen as an extra benefit on top of your regular pay.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.


Next up: CX 15: Contributions to funeral trusts

or “How employer contributions to funeral savings accounts are treated for tax purposes”

Part C Income
Excluded income: Fringe benefits

CX 14Contributions to sickness, accident, or death benefit funds

  1. A fringe benefit arises when an employer makes a contribution for the benefit of an employee to a sickness, accident, or death benefit fund.

Compare