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 ...
If we needed another example of just how difficult meaningful and principled tax reform is in Australia, we got it recently in the reaction to the Government’s announcement that it would abolish the ...
Official figures released today by the Federal Chamber of Automotive Industries show the market slumped by 0.2 per cent to 93,336 registrations for the month and is now only up by 4 per cent ...
The FBT exemption that has resulted in more than 100,000 sales of new electric cars could be scrapped, but the Australian head of Polestar says the Government shouldn’t be changing anything yet. The ...
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 ...
The Australian automotive industry took a hit in August with sales down 0.2% compared to August last year. Only 93,336 vehicles were sold. Prior to the Government’s 16 July fringe benefit tax (FBT) ...
THE electric vehicle industry said that for motorists using novated leases to finance their cars, now was the time to buy an ...
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