| Country | New development | Further reading |
| Australia | On 8 October 2024, the Australian Tax Office released updated guidelines clarifying the Fringe Benefit Tax (FBT) exemptions applicable to plug-in hybrid electric vehicles (PHEVs) from 1 April 2025.
A plug-in hybrid electric vehicle will not be considered a zero or low emissions vehicle under FBT law, effective 1 April 2025. It does not qualify for the electric cars exemption.
However, the electric car exemption may be applicable when the following requirements are met:
– the use of the plug-in hybrid electric vehicle was exempt before 1 April 2025
– the existence of a financially binding commitment to continue providing private use of the vehicle on and after 1 April 2025 | Australia 1.1.2 |
| On 18 September 2024, the Australian Treasury issued a Payday Super factsheet, providing details on the proposed Payday Super regime. It unveiled that, effective from 1 July 2026, employers will need to pay Superannuation Guarantee (SG) contributions to employees with every pay cycle, instead of quarterly. | Australia 1.1.2 |
| On 23 October 2024, the Northern Territory government announced that payroll tax will be eliminated |
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 21 Mar 2025 09:40