There’s never been a better time to get an EV.
Huge tax savings with the EV Discount.
The Australian Government has introduced legislation providing an EV Discount for eligible electric vehicles financed through a Novated Lease. This legislation removes Fringe Benefits Tax (FBT), offering significant savings - potentially thousands of dollars - compared to other financing options. Along with the FBT exemption, you’ll also enjoy all the usual tax savings associated with a Novated Lease, making an EV Novated Lease one of the most cost-effective and appealing ways to drive an electric car.
EV Incentives and Discounts by State
Northern Territory
Northern Territory Info
Electric vehicles registered before June 2027 are exempt from registration fees. Additionally, electric vehicles valued up to $50,000 may qualify for a $1,500 stamp duty discount. To be eligible, your vehicle must be a Battery Electric Vehicle (BEV) or a Plug-in Hybrid Electric Vehicle (PHEV).
Western Australia
Western Australia Info
As part of the Zero Emission Vehicle Rebate Scheme, a $3,500 rebate will be provided after purchasing your eligible EV. The vehicle must be brand new and have a dutiable value of $70,000 or less. The Rebate Scheme will end 10 May 2025.
South Australia
South Australia Info
New battery electric and hydrogen fuel cell vehicles first registered between 28 October 2021 and 30 June 2025, and priced under $68,750 (incl. GST), are eligible for a 3-year registration fee exemption.
Tasmania
Tasmania Info
The Energy Saver Loan Scheme offers interest-free loans of $500 to $10,000 for eligible individuals to install electric vehicle chargers. These loans can be repaid over 1 to 3 years.
Tasmania is offering $2,000 rebates to individuals who purchase eligible electric vehicles. This program, which started on November 17, 2023, is limited to a total of $750,000 in funding.
New South Wales
New South Wales Info
The EV Incentive $3,000 cash rebate was ended by the NSW Government on 1 January 2024.
However, just like all other states, NSW is eligible for the EV Discount, as it’s a federal incentive.
Queensland
Queensland Info
Queensland has a 1% reduced stamp duty rate for EVs, as well as a small discount on annual registration cost.
The $6,000 cash rebate ended on 2 September 2024
Victoria
Victora Info
Registration discounts of up to $100 per year are available for light zero and low emission vehicles (ZLEVs). You'll automatically receive a $100 discount on your registration fee, reflected in your renewal notice.
The EV road user tax was removed from Victoria in October 2023.
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What is Novated Leasing?
Novated Leasing is a way to finance an electric vehicle (EV) using your pre-tax salary, helping you save on income tax and GST while bundling all running costs—like charging, registration, insurance, and maintenance—into one convenient payment.
With an EV Novated Lease, you benefit from additional tax incentives, including the Electric Car Discount, which makes eligible EVs completely exempt from Fringe Benefits Tax (FBT). This means even greater savings compared to leasing a petrol or diesel vehicle.
Novated Lease EV Discount: Available Nationwide
Every state and territory in Australia is eligible for the EV Discount with a Novated Lease.
Get a Free Quote for a Novated Lease
Take advantage of Novated Leasing an EV with the EV Discount
Request a completely free quote for a vehicle of your choice through a Novated Lease.