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).
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
