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February 20, 2025
FBT Exemptions for Plug-In Hybrid Electric Vehicles Are Changing – Here’s What You Need to Know

The Australian Government has announced important changes to Fringe Benefits Tax (FBT) exemptions for plug-in hybrid electric vehicles (PHEVs), which could significantly impact...

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Positive Salary Packaging acknowledges the Traditional Custodians of the lands across Australia on which we live and work. We acknowledge their connection to this Country and pay our respect to Elders past, present and emerging.

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DISCLAIMER: The implications of salary packaging a motor vehicle through a novated leasing arrangement, including tax savings will depend on your individual circumstances. The information in this publication has been prepared by Positive Salary Packaging for general information purposes only, without taking into consideration any individual circumstances. Positive Salary Packaging and the Queensland Government recommend that before acting on any information or entering into a novated leasing arrangement, you should consider your objectives, financial situation and needs, and take the appropriate legal, financial or other professional advice based upon your own particular circumstances. You should also read the Standard Novation Agreement, Salary Packaging Participation Agreement and the relevant Queensland Government Salary Packaging and Novated Leasing Information Booklets and Fact Forms available via the Queensland Government Arrangements Directory. The Queensland Government strongly recommends that you obtain independent financial  advice prior to entering into, or changing the terms of, a salary packaging arrangement.