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From August 2020, agricultural employers who take on an apprentice will be eligible for $1,000 a month for the first year of their apprenticeship and $500 a month during their second year. Which could total up to $16,000.00 across the first two years of an apprenticeship.
Do you have employees that use the work vehicle privately? Do you have questions about the company vehicle and whether FBT applies to you? If you’re unsure then you should get yourself schooled up, because IRD have their eye squarely on the issue.