Treasury has dramatically underestimated the lure of the FBT exemption for EVs, with taxpayers losing $560 million per year ...

Fringe benefits refer to non-cash benefits provided to persons who perform services for a business, and can include perks such as the use of a company car. For employees, the company will report ...

The Australian Government has unequivocally ruled out an extension for the popular exemption from Fringe Benefits Tax (FBT) ...

Unfortunately, such arrangements also give rise to a car benefit under the fringe benefits tax (FBT) rules. Fringe benefits that fall under the FBT regime can be provided directly by the employer, by ...

The electric car discount, which reduces the cost of leasing an electric vehicle through a novated lease, is working and easing the cost of living for ...

There are several reasons why the BYD Shark 6 could be attractive to buyers, including the fringe benefits tax (FBT) ...

Adrienne Peters started out drag racing and fabricating muscle cars before pivoting to aftermarket storytelling and government activism. Adrienne Peters started out drag racing and fabricating muscle ...

Last year, the electric vehicle (EV) ‘revolution’ hit a wall. Sales of battery electric vehicles (BEVs) stalled in 2024, whereas sales of hybrid vehicles continued to boom. According to the Australian ...

Despite a new Ohio law permitting law enforcement agencies to charge up to $75 an hour for police video records starting April 2, most of the region's biggest departments are still mulling their own ...

The government is ending the fringe benefits tax exemption for plug-in hybrid vehicles ... vehicle" under FBT law and therefore wouldn't be "eligible for the electric cars exemption". The only people ...

The Fringe Benefits Tax exemption for electric and plug-in hybrid vehicles may have increased uptake, but it's reportedly ...