In December 2022 the Federal Government enacted the Electric Car Discount Bill. This legislation makes zero or low emission cars exempt from Fringe Benefit Tax (FBT). It applies to battery electric vehicles, hydrogen fuel cell vehicles and plug-in hybrids (PHEV) and is meant to encourage companies and local governments to adopt more electric vehicles into their fleets.
Join IPWEA Fleet for this information session host by Marc Sibbald, Director – IPWEA Fleet, and featuring Pat McCarthy, Director Genesis Accounting, who is an expert on FBT and GST for local government. Find out more about the impacts on your fleet and how it may accelerate your EV transition plans.
The learning outcomes from the webinar are:
Pat McCarthyDirectorGenesis Accounting
Phil OwenNational Novated ManagerSummit Fleet Leasing and Management
Pat McCarthy is a Chartered Accountant who has specialised in Fringe Benefits Tax and GST consulting for the last 23 years. Pat has been a keynote speaker at various conferences on FBT and has advised hundreds of clients on the intricacies of FBT on motor vehicles and salary packaging. Pat sees the emergence of the FBT exemption for EVs as one of the most significant events in FBT law. Many employers and employees will be attracted to the FBT exemption provided all of the detailed conditions are met.
Philip is a highly experienced and well respected professional in the Fleet industry, with over twenty five years of expertise. As the National Novated Manager of Summit Fleet, he has established a reputation of delivering top-notch Novated Lease services to a diverse range of clients including C -Suite executives, large corporations and government bodies and small to medium sized businesses. Philip’s wealth of knowledge and understanding of the industry has allowed him to consistently provide exceptional services to his clients.
Online
IPWEA member: Free Non member: $90 +GST
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