The most cost-effective way to get a Tesla
The recent “Electric Car Discount” policy means theat fringe benefits tax (FBT) exemption is applied across Tesla models up to the Luxury Car Tax threshold ($91,661 for the 2026/27 financial year). The FBT exemption also applies to most vehicle running costs covered by a novated lease.
Now’s the time to capitalise on the government’s policy for EV savings
These tax savings are Australian Government policy under the Electric Car Discount scheme. The scheme has contributed to a significant boost in EV sales, which is not a surprise given the major discounts involved. But the savings may not be around forever.
The government is currently reviewing the program, making now the ideal time to take advantage while you can.
Written by
CEO
Bevan Guest
Bevan is the CEO of Novated Lease Australia. He has more than 20 years of experience in the automotive and financial services industry.
Reviewed by
Editor
Sean Callery
Sean is an editor and finance journalist. He has over 15 years of international experience covering consumer affairs, lending and personal finance.