The Wheel Deal Discount Program for Electric Scooters & Ebikes
Use Pre-Tax Payments to Save 32-63% on Your Purchase !! IRD APPROVED!
Instead of paying tax, and then buying a ride with what's left, we help you remove the tax step altogether meaning a lower cost to you!
Who Is The Wheel Deal?
The Wheel Deal works on behalf of locally-owned New Zealand e-bike, bike and e-scooter wholesalers and retailers. We work directly with employers and employees to streamline the adoption of bikes, e-bikes and e-scooters at reduced costs through a Salary Sacrifice program. We offer expert advice and ongoing support to both employers and the employee riders.
Check out our Collection of WheelDeal Suitable Rides
Ready To Ride?
Send us a Contact Form or Jump on our Web Chat to discuss your options !
IRD Approved
The Wheel Deal, bike to work program is IRD-approved , so bikes, e-bikes, scooters and e-scooters supplied via our salary-sacrifice scheme are treated as an excluded fringe benefit - no FBT, no extra PAYE admin, and full GST can be claimed, giving employers peace of mind.
As New Zealand’s trusted ride to work program, we remove compliance risk, admin burden and up-front cost, letting your people ride away on their own wheels while your payroll keeps humming.
How do the Tax Savings Work?
By choosing a new ride through The Wheel Deal, you're essentially swapping out taxed income for a new ride. The cost of the ride is taken from your pre-tax salary, which lowers your taxable income.
With a lower taxable income, you pay less in income tax (PAYE) and ACC Levy, creating tax savings for you.
How is the The Wheel Deal Offset Calculated?
The "Wheel Deal Offset" breaks down into two main components: tax savings and the smart use of your income. When you join the Wheel Deal scheme, you 'pay' a portion of your pre-tax salary for your chosen ride.
This action reduces your taxable income, so you end up paying less tax overall. Furthermore, a portion of the money that used to go towards other commitments, like KiwiSaver or student loans, is now assisting in covering the cost of your ride.
Together, these factors create a sensation of getting a significant discount on your ride's retail price, making the whole process feel much lighter on your wallet. This combined benefit is what we term the The Wheel Deal Cost Offset.
