Federated Farmers is calling on Revenue Minister Simon Watts to rule out new changes to the Fringe Benefit tax that would impact utes.

The IRD has proposed major changes to the way FBT applies to utes and farmers are concerned this would set them back thousands of dollars a year.

Federated Farmers' transport spokesperson Mark Hooper says this issue started drawing in more attention post-Fieldays.

"We've had a little bit of communication with the minister's office - as I said, we looked at it from a farm perspective, we could see that there were some issues with the categories they had laid out." 

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Federated Farmers is calling on Revenue Minister Simon Watts to rule out new changes to the Fringe Benefit tax that would impact utes.
The IRD has proposed major changes to the way FBT applies to utes and farmers are concerned this would set them back thousands of dollars a year.
Federated Farmers' transport spokesperson Mark Hooper says this issue started drawing in more attention post-Fieldays.
"We've had a little bit of communication with the minister's office - as I said, we looked at it from a farm perspective, we could see that there were some issues with the categories they had laid out."&nbsp;
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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Mark Hooper: Federated Farmers transport spokesperson on the backlash to the Government's new 'ute tax'

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/af7ff637-6dcd-4bb5-b739-b301006b5ad5/transcript