::
Finally the Federal Government is implementing a meaningful method of promoting adoption of EV’s. Legislation was tabled last week with start date 1 July 22. Possible tax savings in order of $5k to $10k per year – that’s not nothing. If you are planning on buying one “stop” and check this out first. There are thresholds. Also some debate on the FBT status of the home charging infrastructure which is not cheap (tax benefits might help). Is a powerwall 2 for the car???? Good question 🙂
Watch this space.
It’s your money – don’t pay more tax than you need to.
-
This topic was modified 1 year, 7 months ago by James Millar.
Helping build better businesses and better lives with expert financial and taxation advice.
info@360partners.com.au
www.360partners.com.au
03 9005 4900