The IRD has released a helpful booklet in relation to Fringe Benefit Tax ("FBT") and its application to motor vehicles. FBT arises when an employer makes a motor vehicle available to an employee for private use in connection with their employment.
The booklet provides a clear explanation of what constitutes private use (e.g. travel between home and work versus storing a work vehicle at home for security reasons) and the three exemptions to FBT. The three exemptions include the work-related vehicle exemption, emergency call exemption and business travel exemption.