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Save Tax by Buying a Electric Car
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Now you can save taxes by purchasing an electric car !! 🚘
1. You are running a business with turnover less than $50M
2. Purchase an EV cost less than $84,916 after 1 July 2022
Unlike other petrol or diesel cars that would trigger FBT for private usage, the ATO allows you to consider your EV as 100% business car although you drive it for personal purpose. 👏👏👏
#taxaccountantaustralia #capitalgainstax #propertyinvestment #propertytaxexpert #savetax #negativegearing #depreciation #propertyequity #tesla #electriccar #fbt #fbtexemption #taxsaving #smallbusinesstax
1. You are running a business with turnover less than $50M
2. Purchase an EV cost less than $84,916 after 1 July 2022
Unlike other petrol or diesel cars that would trigger FBT for private usage, the ATO allows you to consider your EV as 100% business car although you drive it for personal purpose. 👏👏👏
#taxaccountantaustralia #capitalgainstax #propertyinvestment #propertytaxexpert #savetax #negativegearing #depreciation #propertyequity #tesla #electriccar #fbt #fbtexemption #taxsaving #smallbusinesstax
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