Federal Budget 2026–27: Fringe Benefits Tax exemption for Electric Vehicles
The Government has announced changes to the electric car Fringe Benefit Tax (FBT) exemption, which has proven popular in encouraging Electric Vehicle (EV) adoption. The proposed changes retain strong incentives in the near term, but narrow and redesign the concession from 1 April 2029. From 1 April 2029, a permanent 25% discount on FBT will […]