Treasury Laws Amendment (Electric Car Discount) Act 2022 (86 of 2022)

Schedule 1   Electric car discount: exemptions from fringe benefits tax

Fringe Benefits Tax Assessment Act 1986

3   At the end of section 135P

Add:

Exempt car benefits for zero or low emissions vehicles are included

(3) In working out the employee's individual fringe benefits amount for the purposes of this section, disregard section 8A (Exempt car benefits: zero or low emissions vehicles).