A Zero-Cost Staff Benefit Your Team Will Love!
Help your employees save on bikes, e-bikes and e-scooters through New Zealand's trusted bike to work program. IRD-approved and no admin headaches.
Why Employers Choose The Wheel Deal
Boost Health
& Well-being
Improve employee well-being and productivity through active commuting
Employee Benefit
Enhance your employee benefits package with a sustainable transport option. A free servicing package is included with all Wheel Deal purchases!
Wide Selection
Access bikes and e-bikes from all major brands at competitive prices from your favourite local bike dealers.
Support Sustainability
Demonstrate your commitment to sustainability and reducing your carbon footprint
Streamlined Process
There are no lease complications. Ownership of the bike transfers to the employee upon collection.
How it works
Register your business
Fill in the form below. We'll send you a confirmation and get things set up on our end — usually within one business day.
Receive your document pack and employer code
We provide IRD-compliant salary sacrifice templates and an employer code your staff can take to any participating retailer. No legal fees, no guesswork.
Your employees choose their bike
Staff visit any participating retailer, pick their bike (any brand, any model eligible for the scheme), and the purchase is processed through The Wheel Deal. Ownership passes immediately to the employee — no lease agreement.
Payroll does the rest
The employee's salary is reduced by an agreed amount each pay cycle over 12 months. No ongoing admin for your team — it runs through your normal payroll process.
Calculate Your Tax Savings
See how much you could save through The Wheel Deal salary sacrifice scheme
See exactly how much your staff could save.
Use our calculator to see the real savings for an employee at any salary level. The more your team earns, the more they save — with employees typically realising 30% or more off the retail price of their bike.
IRD Compliant
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.
Read our full IRD Product Ruling here.
As New Zealand’s trusted bike 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.
Wide Range Of Products Available
Any bikes or scooters, or e-bikes or e-scooters rated at 300W or below are eligible. Participating retailers include all Electrify NZ stores and many independently owned bikes stores, meaning we can usually supply the brands that your employees prefer. We can advise on participating retailers in your area.
Frequently Asked Questions
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The scheme is exempt from Fringe Benefit Tax (FBT) under section CX 19D of the Income Tax Act 2007. This means the employer will not incur FBT liabilities when providing bikes through the salary sacrifice programme.
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Employers benefit by offering a unique, cost-effective incentive to their staff, promoting health, wellbeing, and sustainability. This can lead to improved staff retention, lower absenteeism, and reduced environmental impact.
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If an employee leaves the company during the 12-month salary sacrifice period, they are required to pay the remaining balance of the bike cost. This will be deducted from their final pay.
Register Your Business
Just fill out the form below and we’ll be in touch asap. When you are ready to proceed we’ll send a digital sign up link for our portal. Once you're set up, we'll send you your document pack and employer code everything you need to start offering this benefit to your team.
