electric car salary sacrifice

Looking to save the planet and your wallet by salary sacrificing an electric car? In Australia, salary sacrifice schemes can slash your taxable income by allowing you to pay for your EV through pre-tax dollars, which is a neat tax dodge. New EVs typically start around $40,000 AUD and can rocket into the six-figure stratosphere, while used ones can be found for less if you're willing to sacrifice some tech and warranty. Keep in mind, the Fringe Benefits Tax (FBT) can nibble at your savings unless your employer has a smart setup or you choose vehicles that qualify for exemptions. Charging costs, government rebates, and maintenance should also factor into your calculations. For the nitty-gritty, consult your employer’s HR or a financial advisor, and maybe peek at resources like CarShowroom and ServiceCentral for current deals and service info.