June

Home / Tolley's Global Mobility: Employment Taxes (Worldwide excluding Europe) /Monthly Updates /2024 / June

Country	New development	Further reading
Australia	On 1 May 2024, the Australian Tax Office released, for public consultation, Income Tax Assessment (Cents per Kilometre Deduction Rate for Car Expenses) Determination 2024. The rate of cents per kilometre for cars for income years commencing on or after 1 July 2024 will be 88 cents per kilometre. The public consultation closed on 22 May 2024.	Australia 7.1
	On 15 May 2024, the Treasury Laws Amendment (Extending the FBT Exemption for Plug-In Hybrid Electric Vehicles) Bill 2024 was submitted to the Australian parliament. The Bill aims to extend the Fringe Benefits Tax concessions for plug-in hybrid electric vehicles (PHEVs) until 1 April 2030.	Australia 1.1.2
	On 22 May 2024, the Premier of Victoria unveiled the following payroll tax updates: – General practice (GP) businesses will benefit from an exemption from any outstanding or future assessment issued for payroll tax on payments to contractor GPs for the period up to 30 June 2024 – GP businesses that have not already received advice and begun paying payroll tax on payments to their contractor GPs on