New Government Legislation has passed!! Tax free EVs!

New Government Legislation has passed!! Tax free EVs!

The Federal Government has passed changes to the Tax Act making EV’s & PHEV’s under $84,916 FBT exempt. The legislation allows employees to Salary Sacrifice 100% of the finance & vehicle running costs from pre-tax salary. This means all employees pay no tax or GST on these costs, leaving more disposable income in every pay. Try our EV Novated Calculator here to see how this life changing legislation can help you. Or visit our Tax Free EVs page detailing some of the EV’s and PHEV’s that are available in Australia under $84,916.

Have questions? Reach out to our EV specialists to have all your queries answered and to help you decide which EV is right for you... or if one doesn't suit your current needs.

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