Putting a sign on your car gets you out of paying fringe benefit tax right? Well not necessarily and that sign might just give the Inland Revenue the edge on hunting you down if you’re not doing everything right. You may as well tattoo a great big bulls-eye on your vehicle making yourself an easy target for the IRD investigators who may be watching you launching your boat on a glorious Coromandel day or spoiling yourself with a shopping splurge. Sadly you’re not even safe Christmas shopping as one young mum discovered while parking her sign written Ute at Auckland’s Two-Double-Seven car park.
To keep yourself safe and to make sure you don’t pay (more…)