Next week’s budget will contain cutbacks to the concessional treatment of electric vehicles (EVs) that will save the government $1.7 billion over the budget period. Announcing the changes to the ...
THE electric vehicle industry said that for motorists using novated leases to finance their cars, now was the time to buy an ...
A popular tax discount meaning people leasing electric vehicles did not have to pay Fringe Benefits Tax will be wound back — although in the long term, more EV owners will be able to pay a reduced tax ...
A popular tax exemption on electric cars that has cost 18 times more than ...
From April, it will be limited to EVs costing no more than $75,000, down from the current ceiling of $91,000. Two years later, FBT will be reapplied minus a 25 per cent discount. One of the stated ...
A popular tax exemption for electric vehicles is under review, with its “efficacy” and “impact” being mulled ahead of the next federal budget, amid reports Canberra is “actively” considering its ...
Only have $75,000 (or less) to spend on an EV? The good news: that’s plenty. Motoring writer Tony Davis looks at the best ...
A throttle-down of the popular FBT exemption for electric cars will earn Canberra billions ...
The government says it will introduce measures in next week’s budget to wind back the fringe benefits tax exemption down to a 25 per cent discount in three years’ time. The phased measures would save ...
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