FLEETDRIVE
Western Australia offers a $ 3,500 rebate ( via an electronic funds transfer to a nominated Australian bank account ) after purchasing an eligible vehicle and applying to the Department of Transport ( DoT ). The state also provides rebates for the installation of home charging stations and public charging infrastructure .
In the Australian Capital Territory , if you buy a ZEV , new or used , you ’ ll get 2 years ’ free ACT vehicle registration . If you buy a new or used PHEV or HEV , you may be eligible to receive a 12-month registration discount . Eligible households can access up to $ 15,000 to buy a ZEV under the Sustainable Household Scheme zero-interest loans .
Research and Development Tax Incentive : The Australian government offers a Research and Development ( R & D ) Tax Incentive to encourage businesses to undertake research and development activities . This incentive provides a tax offset of up to 43.5 % of eligible R & D expenditure . Businesses involved in the development of EV technology may be eligible .
Green Vehicle Guide : The Green Vehicle Guide is a government website that provides information about the environmental performance of vehicles available in Australia . This includes information about fuel consumption , carbon emissions , and air pollution . By choosing vehicles with better environmental performance , individuals and businesses can reduce their environmental impact and potentially save money on fuel costs .
The Australian government provides several tax incentives to encourage the adoption of electric vehicles . By taking advantage of these incentives , individuals and businesses can reduce the cost of switching to electric vehicles and contribute to a more sustainable future .
ISSUE 40 MAY 2023 / WWW . AFMA . ORG . AU 7