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  • Fringe benefits tax and electric cars

    On 29 June 2022, the Government announced a proposal to cut the tariffs and remove fringe benefits tax (FBT) on electric cars from 1 July 2022. This measure is not yet law.

    If enacted, this will apply to the FBT year that ends on 31 March 2023.

    For more information, visit Address to the National Press ClubExternal Link.

    For current FBT guidance, see Car fringe benefits.

      Last modified: 12 Jul 2022QC 70051