Second Reading Speeches

Treasury Laws Amendment (Electric Car Discount) Bill 2022

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
47

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Summary

Amends the

Fringe Benefits Tax Assessment Act 1986
to exempt from fringe benefits tax the use, or availability for use, of cars made available by employers to current employees that are zero or low emissions vehicles with a value at first retail sale below the luxury car tax threshold for fuel efficient vehicles.

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