NOVATED LEASE INFORMATION
EV Home Charging in a Novated Lease: Budgets and Records
Understand the difference between an EV electricity budget, home-charging records, public charging invoices and the cost of installing charging equipment.
By EVITAL · Reviewed
Factual information only. EVITAL does not provide financial or tax advice, arrange credit, or offer lease quotes, applications or referrals.
EV ownership, explained
Understand the car, the costs and the questions.
Australian photography · Unsplash License
At a glance
An electricity-cost estimate is not a reimbursement entitlement or a tax calculation. The energy budget, employer process and applicable recordkeeping method are separate questions.
Electricity use and electricity price
A simple energy budget uses kilometres travelled, energy consumption and an electricity price. Charging losses, driving conditions and the share of public charging can make actual spending differ from that illustration.
A household retail tariff, a public-network price and a charging-subscription fee measure different charges. Solar generation is also not automatically equivalent to free driving: the budget depends on how the electricity is accounted for.
The ATO home-charging approach has conditions
ATO PCG 2024/2 sets out a compliance approach for calculating eligible home-charging electricity costs in specified circumstances. It has eligibility and recordkeeping conditions.
That approach is not a retail electricity tariff, a universal reimbursement rate or an automatic deduction. A lease budget should not be presented as proof that the method applies. The current ATO guidance and employer process explain the relevant evidence.
Public charging and expense administration
Public-network receipts can show energy, session or other charges. Whether and how those items are handled through an arrangement depends on the expense process and applicable rules.
Keeping the home and public components distinct helps explain the budget without counting the same cost twice. A provider illustration should identify whether public charging is included in its kilometre or electricity assumptions.
Charging equipment is a different cost
A home charging unit and its installation are different from electricity consumed by the vehicle. The ATO electric-car guidance does not treat the home charging station itself as an exempt associated car benefit.
Electrical installation requirements, site suitability and vehicle charging limits also require their own assessment. The linked charging guide explains the equipment questions. EVITAL’s lease calculator models electricity spending only and does not establish installation scope or tax treatment.
Common questions
Is the calculator’s electricity price an ATO rate?
No. It is a user-entered energy-budget assumption, not an ATO compliance rate or reimbursement entitlement.
Is a home charger automatically included in the EV FBT exemption?
No. Electricity and the charging station are different items. The ATO guidance identifies the charging station as outside the exempt associated benefits.
Does the guide establish what my employer will reimburse?
No. Employer arrangements, applicable rules and supporting records determine the actual process.
Sources and review
Source review: 31 October 2026. Rules and product terms can change. The linked documents explain their own scope and conditions.
- ATO — PCG 2024/2, EV home charging rate
- Australian Government — EV charging equipment
- ATO — electric vehicles and fringe benefits tax