This arrangement involves an employer paying for the employee’s car lease and running costs out of a salary package through a combination of pre-tax and post-tax salary deductions.
“The FBT exemption has had a significant impact and by way of example, a three-year lease on a $50,000 EV will have about the same monthly cost to the individual as a $30,000 (internal combustion engine) vehicle,” Mr Malcolm told AFR Weekend.
“For fleets, the feedback has been almost universally…
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