Green Party MP Julie Anne Genter introduces a bill to exempt electric vehicles from Fringe Benefit Tax for five years, aiming to incentivize employers and reduce carbon emissions.
Green Party MP Julie Anne Genter's members' bill, aiming to exempt electric vehicles from Fringe Benefit Tax for five years, has been drawn from the members' ballot and introduced to Parliament. The bill intends to provide financial incentives for employers to purchase new electric vehicles as company cars, addressing a gap in the government's plan to electrify vehicle fleets and reduce carbon emissions. The percentage of electric vehicles entering the country has decreased since the government repealed the Clean Car Discount.
March 21, 2024
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