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Labor Electric Car FBT discount
- Thread starter ENORYM
- Start date
Jusebert
Member
It's 1st up on the Order of Business in HoR today. Hoping it passes through to the Senate this week so it has a chance to pass the Senate and allow us to more comfortably sign up to our Novated Lease'
A non-article:
www.smh.com.au
The key quote buried in the article: “Labor does not need the Coalition’s support in order to pass laws in the upper house but would have to turn to the Greens and independents to secure 13 votes from the crossbench to legislate the tax breaks” - ergo, the position of the Opposition is irrelevant and there will not be any “Senate standoff”.
‘Just not good policy’: Senate stand-off looms over electric vehicle tax cut
Coalition opposition threatens a government plan to give buyers an exemption from fringe benefits tax as long as the electric vehicle costs less than $85,000.
The key quote buried in the article: “Labor does not need the Coalition’s support in order to pass laws in the upper house but would have to turn to the Greens and independents to secure 13 votes from the crossbench to legislate the tax breaks” - ergo, the position of the Opposition is irrelevant and there will not be any “Senate standoff”.
Tesla records all your charging sessions. If you use something like TeslaFi or Teslamate you could identify the location of each charging session and calculate costs accordingly.Hey guys, Is there a “smart meter” I could use to monitor how much I’m spending to charge my Tesla at home? This is for novated lease purpose so I could claim my charging cost pre tax. Thank you in advance
Alternatively, the Tesla HPWC keeps record of how much energy has been provided to the vehicle.
It will depend on what your NL company accepts. Mine will only accept a separate utility metered connection.
Jusebert
Member
The bill has been referred to the Federation Chamber for further consideration. Looks like we will be having some amendments to the bill.
hyperdallas
Member
I have been watching (and am currently watching) the MPs discuss the bill in the Federation Chamber.
ALP obviously support it, Independents want to add a caveat that include second hand vehicles up to a certain age and support it, and liberal reckons it will destroy the economy and is only for the wealthy... Whilst some old liberal bloke i think is lost, talking about Australia's take up of roof top solar and wants to talk about fuel excises and fuel taxes instead (I honestly think he might just be in the wrong chamber talking about the wrong topic lol )
I am not really a political person, but hearing whats going on is interesting and the arguments put down by the ALP is compelling, reasonable and common sense.
Leader of the Greens is speaking and supports it, so unless something massive changes on the floor, should pass the senate. My only question is when will it take effect.... 1/7/23 possibly? Immediately? we shall see.
If you want to listen in...
APH Live Feed
ALP obviously support it, Independents want to add a caveat that include second hand vehicles up to a certain age and support it, and liberal reckons it will destroy the economy and is only for the wealthy... Whilst some old liberal bloke i think is lost, talking about Australia's take up of roof top solar and wants to talk about fuel excises and fuel taxes instead (I honestly think he might just be in the wrong chamber talking about the wrong topic lol )
I am not really a political person, but hearing whats going on is interesting and the arguments put down by the ALP is compelling, reasonable and common sense.
Leader of the Greens is speaking and supports it, so unless something massive changes on the floor, should pass the senate. My only question is when will it take effect.... 1/7/23 possibly? Immediately? we shall see.
If you want to listen in...
APH Live Feed
Last edited:
Jusebert
Member
I had it playing on my TV last night as well.. my wife called me a boomer! LNP doing what they do in opposition and shitting on everything the government puts forward. I think the bill will pass without much amendment and then if for some reason it has any kind of failure or costs more than projected the LNP will rubbish Labor for a bad policy in the future. I just forgot how drawn out this process can be!!!
Hopefully they resume debate today and it manages a third reading to get to the Senate.
hyperdallas
Member
Hahaha mine too! I told her alot rides on this legislation, including my order
Yep, the read is on now. One things for sure - MP's waste so much time talking Bulls@#$% instead of getting to the point.
hyperdallas
Member
Excellent, passed the federation chamber with no amendments or changes. On to the Senate it goes! 
Jusebert
Member
I think it still goes back to the HoR to be agreed to and then the Senate but super happy it is progressing!
hyperdallas
Member
Jusebert
Member
Well it might.. I'm not going to complain if it doesn't. But the little thing I looked up on the APH website for bill progression suggested it still has to go back to the house for a final vote
Jusebert
Member
Once it passes the Senate and is given assent by the Governor-General it will apply retrospectively from 1 July 2022.
Yep this is my problem, leading company refuse to give a quote based on a bill that hasn’t passed. Which is probs fair enough I suppose.
M3 not likely to arrive before then anyway so I’m sitting tight.
Of the three NL companies my wife's work let her use, only this one was happy to quote without FBT. They were very prompt and customer service was excellent, just got a (tiny) bit defensive when I asked about the effective interest rate
Otherwise A+, recommended: Kooya Salary Packaging – Australia's Indigenous owned salary packaging company
