LBA North West Melbourne awards night

MKS Group Celebrates Two Wins at the 2026 Northwest Melbourne Business Awards

Electric vehicles remain one of the most tax-effective employee benefits available to Australian employers. For eligible electric cars, the FBT exemption can mean no fringe benefits tax is payable on the car benefit, which is why EV salary packaging and employer-provided EVs continue to attract attention in 2026.

But this is where many businesses get caught out: FBT-exempt does not mean compliance-free. Even where an eligible EV is exempt from FBT, employers may still need to calculate its taxable value for reporting purposes.