Federal Budget 2024: The car tax changes you need to know about
What’s happening with the fuel excise? Can I still write-off the cost of a new work vehicle? We’ve got the answers here.This week’s Federal Budget included some key taxation implications for drivers.Whether you drive a petrol, diesel, hybrid or electric car, there will be something here that may affect your wallet.Here’s what you need to know…Fuel exciseThe fuel excise is a tax levied by the Federal Government on petrol and diesel bought at the bowser. Motorists cu