Story: Taxes

Taxing fringe benefits

In the early 1980s companies legally avoided tax by giving their employees fringe benefits (perks) such as cheap flights or company cars. From 1 April 1985 these were taxed at 45%, helping to reduce tax avoidance. In this footage an Air New Zealand employee attempts to defend the perk of free flights.

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How to cite this page:

Paul Goldsmith, 'Taxes - Labour government reforms – 1984 to 1990', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/video/21554/taxing-fringe-benefits (accessed 18 May 2022)

Story by Paul Goldsmith, published 11 Mar 2010, updated 2 Sep 2016