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blackjack17
1128 posts

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  #775769 6-Mar-2013 16:55
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eracode: A little off topic but related: I have often wondered about the situation where employees who do large amounts of international business travel are able to rack up huge volumes of Air Points Dollars and then use them to take expensive overseas personal holidays with their spouse/partner with 'free' airfares. The APD's are paid for by the employer and used tax-free by the employee. Often the original business travel is done in Business Class which generates high levels of APD's. My understanding is that all this does not attract Fringe Benefit Tax and I could never figure out why.


Some work places make you turn over or use your airpoints for work travel (or at least they used) Fletcher Challenge did this,






old3eyes
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  #775824 6-Mar-2013 18:55
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blackjack17:
eracode: A little off topic but related: I have often wondered about the situation where employees who do large amounts of international business travel are able to rack up huge volumes of Air Points Dollars and then use them to take expensive overseas personal holidays with their spouse/partner with 'free' airfares. The APD's are paid for by the employer and used tax-free by the employee. Often the original business travel is done in Business Class which generates high levels of APD's. My understanding is that all this does not attract Fringe Benefit Tax and I could never figure out why.


Some work places make you turn over or use your airpoints for work travel (or at least they used) Fletcher Challenge did this,




A lot of employees travel in their own time and don't get paid for it  so airpoints should be a perk of the job..




Regards,

Old3eyes


 
 
 
 


Goosey

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  #778364 12-Mar-2013 09:34
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and now the FBT on carparks... may as well just work from home....oh wait I cant because then I'd be taxed for personal use.


Klipspringer
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  #778371 12-Mar-2013 09:43
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Gooseybhai: and now the FBT on carparks...


Yea its a bummer. I want to drive into work, public transport just does not suit me. I like the flexability of a car.

Maybe Wellington will start building business parks out in the suburbs one of these days. Wellington could do with a few business parks around the greater Porirua area.


minimoke
741 posts

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  #778486 12-Mar-2013 12:42
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Rather than dicking around the edges IRD ought to be really focusing on "charitable Trusts". For example, Sanitarium (makers of Marmite and Weetbix) don't pay tax and their surplus goes to the 7th Day Adventists.

nathan
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  #778496 12-Mar-2013 12:57
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Yes churches pay no tax




populism, the most important and misunderstood movement of our time


jnimmo
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  #783766 19-Mar-2013 09:09
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Sure, as long as they are happy to give us tax credits if we are doing BYOD.

 
 
 
 


wallop
367 posts

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  #783779 19-Mar-2013 09:49
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minimoke: Rather than dicking around the edges IRD ought to be really focusing on "charitable Trusts". For example, Sanitarium (makers of Marmite and Weetbix) don't pay tax and their surplus goes to the 7th Day Adventists.


You mean the government.  The IRD don't set the rules the politicians do.


NonprayingMantis
6434 posts

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  #783835 19-Mar-2013 11:02
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jnimmo: Sure, as long as they are happy to give us tax credits if we are doing BYOD.


that is actually a very good point.

the door should swing both ways....



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