This is because the EV Fringe Benefits Tax (FBT) exemption for novated leased vehicles is ending for PHEVs. This isn’t a good outcome for anyone who wants to save money leasing a new PHEV and save ...
For now, if you’re buying a PHEV or EV under the Luxury Car Tax (LCT) threshold ($91,387) through a novated lease, you’re exempt from fringe benefits tax (FBT). 100s of new car deals are available ...