An Electric vehicle can be a fantastic choice for many drivers. However, the price barrier can deter people from making the switch. Novated leasing is one way to help overcome this hurdle. This arrangement allows employees to salary sacrifice a car using a mix of pre- and post-tax income. It removes the Fringe Benefits Tax (FBT) cost on eligible electric vehicles that are first held and used after 1 July 2022. For more information about the novated lease electric vehicle benefits, check this out. Save Money on Your Taxes If you’ve been thinking about switching to an electric vehicle but worry that it won’t be affordable, a novated lease can…