We can help you get into an Electric Vehicle, whether you’re driven by concern for the planet, or the extraordinary technology that powers EVs.
Introduced by the Federal Government, the Electric Car Discount provides an FBT exemption for electric vehicles (EVs) financed under a novated lease and priced below the luxury car tax threshold ($91,387 in the 2024-25 financial year).
This means you can salary package the finance plus running costs out of your pre-tax salary – this which could unlock thousands in extra savings.
The discount is available on eligible new or used fully-electric vehicles (provided they are first registered after 1 July 2022).
As an employee of NSW Health, if you choose to take out a novated lease, you must use one of the approved novated leasing providers.
Smartleasing | 1300 144 873 Leaseplus | 1300 13 13 16 Maxxia | 1300 123 123
It is recommended that you source at least three quotes and seek financial advice prior to entering into a novated leasing arrangement.
Current state-based rebates apply to private buyers, which means if your vehicle meets the criteria, you’ll be eligible to apply for rebates.*
*Smartleasing does not administer government rebates and incentives, and all enquiries must be directed to state/territory government authorities.
Important information:
NSW Health strongly recommends that Employees obtain independent financial advice before entering into a Salary Packaging Agreement.
As per your employer’s policy, 50% of your savings from salary packaging are to be shared with your employer, with eligible staff employed on HSU Awards sharing 30% of your savings from salary packaging with your employer. Share of savings will be automatically applied to your salary packaging arrangement.
Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,387 in FY 2024-25). Plug-in Hybrid Electric Vehicles with leases commencing from 1 April 2025 are not eligible for this exemption.