A popular tax discount meaning people leasing electric vehicles did not have to pay Fringe Benefits Tax will be wound back — although in the long term, more EV owners will be able to pay a reduced tax ...

The Albanese government will phase down the popular electric car discount as costs blow out, with industry backing gradual ...

Incentives for electric vehicles will be extended until 2027, then progressively wound back thereafter – but not removed ...

Australia will limit a tax discount aimed at encouraging purchases of electric vehicles as the center-left government looks for savings in next week’s budget.

Australia will reduce its fringe benefits tax exemption for electric vehicles from April 2027, limiting the full discount to models under $75,000 and applying a 25% discount to others below the luxury ...

Jim Chalmers and Energy Minister Chris Bowen will gradually roll back the electric vehicle fringe benefits tax exemption that ...

The Albanese government will make only modest changes to its generous tax break as the fuel crisis pushes more drivers away ...

As the cost of the scheme blows out, the government has announced the full discount will be retained for another year, after which it will only apply to EVs costing less than $75,000 ...

Australians troubled with the soaring fuel costs due to the Middle-East war could save thousands by switching to an electric ...

Australia will keep its electric vehicle fringe benefits tax exemption until March 2027 before introducing stricter price caps. From April 2027, only EVs under $75,000 will get the full exemption, ...

Next week’s budget will include cutbacks to the tax discount exempting electric vehicles from Fringe Benefits Tax, which will ...

The government will wind back generous concessions for higher-priced electric vehicles after a review found the biggest gains ...