What happens if I change employer? Will the exemption apply if I carry the lease over to my new employer?

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If a customer moves employer, the change of employer will trigger a new commitment and a loss of the FBT exemption. This is because the ATO view a change of employer as a new commitment to the availability of the car by the new employer. This applies to a change of a new employer even within the same group of companies.

Please note: From 1 April 2025, a plug-in hybrid electric vehicle is no longer considered a zero or low emissions vehicle under FBT law. However, your employer can continue to apply the exemption if both the following requirements are met: 1) Use of the plug-in hybrid electric vehicle was exempt before 1 April 2025. 2) You have a financially binding commitment to continue using the vehicle for private use on and after 1 April 2025. For this purpose, any optional extension of the agreement is not considered binding. To qualify for the EV discount, plug-in hybrid electric vehicles must have been delivered by midnight on 31 March 2025. Due to high demand and stock limitations there may be some vehicles that do not meet the delivery deadline for the EV Discount. Customers are advised to confirm delivery timelines before proceeding with their order.