11/05/2026
You might’ve heard about the EV Discount Policy and wondered what it actually is 👀
Here’s what it means:
👉 It means no Fringe Benefits Tax (FBT) when you get an eligible electric vehicle through a novated lease.
👉 That could mean less tax + lower car costs.
The Government has announced changes - but right now the discount is still in place, and leases started on or before 31 March 2027 won’t be affected.
With rising petrol prices, it could be a good time to see if an EV could work for you.
Find out more ⬇️
Learn what the EV Discount Policy is, how the 2026 changes affect you, and how a Smart novated lease could help you save tax and cut car costs with an EV.