Tax-free electric cars? What you need to know about the fringe benefits tax exemption for electric vehicles

This article was updated on 17 May 2024.  It’s not often that tax legislation gets anyone’s motor running, but a new bill from the Federal Government that exempts electric cars from fringe benefits tax (FBT) has people talking – and it might finally shift Australia’s transition towards EVs into gear. In today’s red-hot jobs market,…