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Politics

Why Labor’s fringe benefits tax cut on EVs won’t help you buy one anytime soon

- August 1, 2022 4 MIN READ

The Albanese government has introduced tax cuts to electric vehicles in its first sitting week, claiming the proposed changes would be “good for motorists, good for climate action and good for fleet purchases”. They won’t, however, help most Australians afford one. Labor plans to stop the “fringe benefits tax” applying to electric vehicles. This tax… Read more »