Tough ask to get insurance exemptions under Fringe Benefit Tax
Exempting employer contributions to life and health insurance from FBT will remove a key barrier to uptake, the Financial Services Council suggests.
FSC chief executive Kirk Hope.
Tax exemptions for life and health insurance through companies could be a tough ask to get across the line, according to a senior tax expert.
New Financial Services Council research found that New Zealanders were twice as likely to have car insurance than life or health insurance.
Chief executive
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