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Tax Changes Simplify FBT & Foreign Investments | Auckland News
The government just unveiled a major tax overhaul that simplifies company car rules, ditching tedious logbooks for a smarter system based on vehicle usage and private mileage — potentially slashing FBT for employees and making electric and hybrid vehicles more financially attractive for businesses. Plus, offshore investors get a massive boost: the tax-free investment threshold doubles to $100K (backdated to April 2026), plus a new option to pay capital gains tax only on sales with a 30% discount. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise…
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