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February 20, 2025
FBT Exemptions for Plug-In Hybrid Electric Vehicles Are Changing – Here’s What You Need to Know

The Australian Government has announced important changes to Fringe Benefits Tax (FBT) exemptions for plug-in hybrid electric vehicles (PHEVs), which could significantly impact...

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Positive Salary Packaging acknowledges the Traditional Custodians of the lands across Australia on which we live and work. We acknowledge their connection to this Country and pay our respect to Elders past, present and emerging.

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DISCLAIMER: All novated examples are based on 60 months term traveling 15,000 kms per annum based upon a $85,000 annual income. Images are for display and illustration purposes only. Vehicle supply is subject to availability and pricing may change subject to manufacture discretion and could affect the estimated figures list above. Novated leasing or Vehicle Packaging works for the employee by substituting a taxable benefit compared to their current personal scenario. The above figures represent the estimated net impact on your income taking into account the assumed tax and GST savings. All applications are subject to normal credit criteria and assessment along with loan/lease suitability. Terms, conditions, fees and charges may apply. It is best to seek financial advice from an independent specialist such as an accountant in regards to your own personal circumstances before solely relying on these figures.