The main groups of fringe benefits are:

• Motor vehicles (refer to the IRD website for more information on how to calculate),
• Low-interest loans other than low-interest loans provided by life insurance companies,
• Free, subsidised or discounted goods and services, including subsidised transport for employers in the public transport business,
• Employer contributions to sick, accident or death benefit funds, superannuation schemes and specified insurance policies,
• Gifts, prizes, and other goods are fringe benefits. If you pay for your employees’ entertainment or private telecommunications use, these benefits may also be liable for fringe benefits tax. Fringe Benefit Tax is payable quarterly (however, some employers may be able to elect to make payments and file on an annual basis).
  

Refer to the IRD website for more information on how fringe benefit tax is applied and calculated on:

Tax facts supplied by CCH