Tax Saving Opportunities When Looking to Purchase Electric Vehicles
Advivo shared a quick update on the possible FBT exemption for Electric Vehicles. Labour’s election campaign included bold statements relating to incentivising the uptake of Electric Vehicles (EVs) and plug-in hybrids. Their plan includes removing 5% customs duty and making eligible EVs and plug-in hybrid vehicles exempt from Fringe Benefits Tax (FBT), with the…
