10/06/2026
Changes are coming to EV tax incentives.
From 1 April 2027, the Government will begin phasing out the current FBT exemption for electric vehicles, reducing the tax benefits available for future EV purchases and novated leases.
The transition will occur in stages, giving businesses and employees time to prepare. Understanding the timeline will be key to making informed vehicle and salary packaging decisions.
Now is the time to review your plans and assess how the changes could impact you.
https://epochaccounting.com.au/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages/