5 Oct 2022

Why taxes are deterring companies from encouraging staff biking

From Afternoons, 1:15 pm on 5 October 2022

An e-bike subscription company is urging the Government to remove barriers for companies who want to encourage other forms of transport among staff.

Businesses today are being taxed at 64 percent on any bikes they provide to staff.

CEO and founder of Shutl in Christchurch, Connor Read talks to Jesse about why the fringe benefit tax for bikes hasn't been removed and how it makes a difference offshore.

No caption

Photo: 123RF