Legislative Assembly for the ACT: 2013 Week 14 Hansard (28 November) . . Page.. 4511..
(1) Will the Minister list all electric vehicle concessions and subsidies available to Canberra residents and businesses.
(2) How many people/businesses are currently eligible for these schemes.
(3) What is the year-on-year value of these initiatives since their implementation.
Mr Corbell: The answer to the member's question is as follows:
(1) There are two types of concessions available for the purchasers of electric vehicles: stamp duty free and registration discounts.
Electric vehicle purchasers do not have to pay for stamp duty. This is levied at the time of vehicle sale and applies only at the first sale of a new vehicle.
There is also a registration discount, which is a supplementary financial incentive for new vehicle purchases. Unlike the one-off stamp duty discount, however, the registration discount applies each time the vehicle is renewed, providing an ongoing and reinforcing benefit to the owner. The discount is currently set at 20% off the registration component only (excluding compulsory third Party Insurance, Road Rescue Fee, Road Safety Contribution and Short Term Registration Surcharge).
(2) Any person or business that satisfies vehicle registration requirements is eligible for stamp duty and vehicle registration fee concessions. There are currently 124 electric powered vehicles registered in the ACT (at 29 October 2013) that have been granted these concessions.
(3) Receipt Year Stamp Duty 2002 $150.00 2003 $579.00 2004 $1,887.00 2005 $2,079.00 2006 $1,302.00 2007 $3,333.00 2008 $102.00 2009 $2,238.00 2010 $1,593.00 2011 $6,024.00 2012 $12,346.00 2013 $2,931.00 Total Stamp Duty Concessions $34,564.00 Receipt Year Totals 2002 $255.00 2003 $1,746.20 2004 $2,161.60 2005 $2,216.30 2006 $2,298.80 2007 $2,556.26 2008 $2,747.90