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Courses/Accounting & Tax/Tax Planning & Compliance

Taxation of Payments & Other Benefits to Employees

Taxing Employee Payments: Navigating Income Tax, Allowances, and FBT in New Zealand

Created byTEO Training
BeginnerUpdated Jan 21, 2025
Taxation of Payments & Other Benefits to Employees

What You'll Learn

check_circleEquip yourself with the latest information affecting payments and other benefits to employees.
check_circleMake better decisions about the income tax treatment of these payments and benefits.
check_circleGain an introduction to allowances, reimbursements, and entertainment rules under tax legislation.
check_circleUnderstand the basics of the Fringe Benefit Tax (FBT) regime and its application to non-cash benefits.

About This Course

The purpose of this webinar is to review some of the obligations and responsibilities imposed by the Income Tax legislation and Inland Revenue on payments made to employees. It will cover the way in which the legislation taxes a variety of payments to employees.

Specifically, the webinar will consider:

  • Who is an employee?
  • Salaries & wages, bonuses, extra pay
  • Other payments to employees, including payments for golden handshakes, golden parachutes, restraint of trade, and hurt, humiliation, or loss of dignity

There will be an introduction to allowances and reimbursements and the entertainment rules. The taxation of non-cash benefits can be confusing. The webinar will introduce the FBT regime.

 

Suitable for: Employers, corporate accountants, and any chartered accountant wanting a review of the way in which the income tax legislation treats payments and other benefits to employees.

Your Instructors

TEO Training
TEO Training
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star214 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Mike  Hadwin
Mike Hadwin

Director, Symmetry Advisory

Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

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