Plug-in hybrid (PHEV) sales are on the rise, but there’s not long left if you want to score significant savings. The electric vehicle (EV) Fringe Benefits Tax (FBT) exemption for novated lease ...

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Plug-in hybrid (PHEV) sales are on the rise, but there's not long left if you want to score significant savings.

Employers often did not classify motor vehicles correctly, which could lead to mistakes calculating FBT, Madigan cautioned. "There are different categories when it comes to motor vehicles. The first ...