Could the new FBT rules help local auto?

The fringe benefits tax concessions are much less critical to local carmakers than they once were. Recent changes to the tax may actually increase funding and demand for homegrown vehicles.

In areas where there are a lot of tax abuses taking place, benefits are often removed. The concessions on car travel under the fringe benefits tax held up for a long time, despite abuses, because they helped the local car manufacturing industry.


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