Electric car FBT Exemption for business owner

Question

 · Accepted Answer

Deb_ATO · Answer

Looks like this one is getting a little tricky. Let's have a look. To be eligible it'll need to be for a current employee (https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/fringe-benefits-tax/types-of-fringe-benefits/fbt-on-cars-other-vehicles-parking-and-tolls/electric-cars-exemption#ato-Eligibility:~:text=the%20car%20is%20used%20by%20a%20current%20employee%20or%20their%20associates%20(such%20as%20family%20members)), who are usually considered this way because they receive salary or wages. So, in this case it'll be best if you got in touch with our Tailored technical assistance team (https://www.ato.gov.au/about-ato/ato-advice-and-guidance/tailored-technical-assistance). They can take the info you've given and give you accurate advice on if the director would be classed as a deemed employee.

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