Kia · SUV

Kia EV6 novated lease and the FBT cliff

177days left to commit,
for the dearer variants
Last day: 31 March 2027

Treasury draft · not law yet

Electric carVariant

Car’s value for FBT ($, incl. GST)Maker's list price before on-road costs. Add dealer delivery and any options you choose.

Salary ($ a year)Before tax and packaging, from $45,000.Lease term

How the estimate works

Without a concession, FBT’s statutory formula makes 20% of the car’s value taxable each year.
Novated leases clear that by moving the same amount from pre-tax to after-tax pay.
The saving is the 2026–27 income tax and Medicare levy you avoid on that amount.

Commit by 31 March 2027

$11,470 more tax

Estimated, if you commit after 31 Mar 2027 under the draft. Estimate only. General information, not tax advice.

Breakdown

$75,000 to $91,661Kia EV6 GT-Line RWD

Commit by 31 March 2027 to keep the full exemption.

$11,470

Estimated extra tax over a 3-year lease if you commit from 1 April 2027 instead, when the draft cuts the exemption to a 25% discount ($3,820 a year).

177 days left to commit by 31 March 2027

$79,660

$25,000$75,000$91,661$125,000+

Up to $75,000: full exemption for commitments until 31 Mar 2029$75,001 to $91,661: full exemption only if you commit by 31 Mar 2027Over $91,661: no FBT concession

Estimated tax effect by when you commit to the lease

If you commit	DiscountFBT discount	Saved a yearTax saved a year
By 31 Mar 2027	100%	$5,100
Apr 2027 – Mar 2029	25%	$1,270
From Apr 2029	25%	$1,270

Reportable fringe benefits: about $30,060 a year would appear on your income statement if you commit by 31 March 2027. It isn’t taxed, but income tests such as HELP repayments and the Medicare levy surcharge count it.

Estimate only. General information, not tax advice. It uses 2026–27 tax rates and the FBT statutory formula, and assumes you pay an after-tax contribution to clear any FBT. The rules for commitments from 1 April 2027 are a Treasury exposure draft, not law, and may change. Confirm your numbers with your employer, your novated lease provider or a registered tax agent.

Updated 3 Oct 2026 · every figure links to its source · Some links are referral links; that never changes the order.

The Air is under $75,000 and keeps the full exemption until 31 March 2029 under the draft. The GT-Line RWD and GT-Line AWD sit between $75,000 and $91,661: full exemption only if you commit by 31 March 2027, then a 25% discount. The GT is over the $91,661 luxury car tax limit and gets no FBT concession at all.

$25,000$75,000$91,661$125,000+

Up to $75,000: full exemption for commitments until 31 Mar 2029$75,001 to $91,661: full exemption only if you commit by 31 Mar 2027Over $91,661: no FBT concession

What to know about the Kia EV6

The EV6 is the clearest example on this site of one model spread across all three bands. The Air, at $72,660 before on-road costs, sits a couple of thousand dollars below $75,000; the GT-Line RWD at $79,660 and the GT-Line AWD at $87,660 sit between the lines; and the high-performance GT at $99,660 is over the $91,661 limit with no concession at all.

The Air needs the most care. With Kia's dealer delivery and any option added, its value can cross $75,000, which would turn it from a 2029 car into a 2027 one, so get the itemised price before you rely on its band. Kia quotes 582 km for the Air's 84 kWh battery, more than either GT-Line, which makes the cheapest EV6 the longest-legged. It sells in small numbers next to the EV5 and EV3, but it is the Kia where the signing date matters most.

Kia EV6 variants against the lines

Kia EV6 at a $100,000 salary

Variant	Maker's price	Where it sits	By 31 Mar 2027	Apr 2027 – Mar 2029	From Apr 2029	Price source
Air	$72,660before on-roads	Under $75,000 · close	$4,650	$4,650	$1,160	Kia, 3 Oct 2026
GT-Line RWD	$79,660before on-roads	$75,000 to $91,661	$5,100	$1,270	$1,270	Kia, 3 Oct 2026
GT-Line AWD	$87,660before on-roads	$75,000 to $91,661	$5,610	$1,400	$1,400	Kia, 3 Oct 2026
GT	$99,660before on-roads	Over $91,661	$0	$0	$0	Kia, 3 Oct 2026

Estimated income tax and Medicare levy saved each year compared with a car that gets no FBT concession. “Close” means within $3,000 of a line, where dealer delivery, options or on-road costs can move the car across it.

Tax saved a year on the GT-Line RWD, by salary

GT-Line RWD, $79,660

Salary	By 31 Mar 2027	Apr 2027 – Mar 2029	From Apr 2029	Missing the deadline, 3-year lease
$60,000	$5,230	$1,230	$1,230	$12,010
$90,000	$5,100	$1,270	$1,270	$11,470
$120,000	$5,100	$1,270	$1,270	$11,470
$160,000	$6,210	$1,550	$1,550	$13,980
$220,000	$7,490	$1,870	$1,870	$16,850

The last column is the extra tax over a three-year lease from committing just after 31 March 2027 instead of just before. Salaries between $45,000 and $66,667 can show a slightly bigger figure than higher ones, because the low income tax offset phases out across that range.

About these prices

206 Kia EV6s were sold in Australia from January to August 2026. (CarExpert Sales Atlas, VFACTS and EV Council data, checked 3 October 2026)
Prices are the maker’s own: before on-road costs. The value FBT uses includes dealer delivery and options but not registration, stamp duty or CTP.

Getting a quote for a Kia EV6

Check that your employer offers novated leasing, then ask a provider to quote the exact car, with delivery and options, and to confirm the date your commitment becomes binding. These providers offer novated leases; we list them alphabetically and don’t rank them.

Carbar (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Maxxia (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Oly (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
RemServ (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Smart (opens in a new tab) Referral link: we may earn a commission. It never changes the order.

We compare only the 5 providers listed here, not the whole market.