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<script type="application/ld+json">{"@context":"https://schema.org","@type": "WebPage","@id":"#main","mainEntityOfPage":{"@type":"WebPage", "@id":"http://castletons.com.au"}, "headline":"","description":"FBT electric vehicle home charging rate Since the introduction of EV incentives by various state governments to encourage the uptake of EVs and (...)","about":[{"@type": "Organization","name": "Pty Ltd"},{"@type": "Thing","name": "Financial services","sameAs": ["https://en.wikipedia.org/wiki/Financial_services", "https://www.wikidata.org/wiki/Q837171"]},{"@type": "Thing","name": "consumers","sameAs": ["https://en.wikipedia.org/wiki/Consumer", "https://www.wikidata.org/wiki/Q22855"]},{"@type": "Organization","name": "Government","sameAs": ["https://en.wikipedia.org/wiki/Cabinet_of_Australia", "https://www.wikidata.org/wiki/Q2028178"]},{"@type": "Thing","name": "Compensation","sameAs": ["https://en.wikipedia.org/wiki/Compensation_of_employees", "https://www.wikidata.org/wiki/Q627293"]},{"@type": "Thing","name": "services","sameAs": ["https://en.wikipedia.org/wiki/Service_(economics)", "https://www.wikidata.org/wiki/Q7406919"]},{"@type": "Thing","name": "legislation","sameAs": ["https://en.wikipedia.org/wiki/Legislation", "https://www.wikidata.org/wiki/Q49371"]}],"author":{"@type":"Organization","url":"/","name":"/"},"publisher":{"@type":"Organization", "name":"/", "url":"/", "logo": {"@type": "ImageObject", "url": "http://www.example.com", "width": 4, "height": 97}},"datePublished":"2024-03-29T14:48:15","dateModified":"2024-03-29T14:48:15"}</script>
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Castletons Accounting Services Pty Ltd<span itemscope itemtype="http://schema.org/Organization">
<span itemprop="name">Pty Ltd</span>
</span>
In a significant move towards protecting consumers<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">consumers</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Consumer" />
</span>, the Government<span itemscope itemtype="http://schema.org/Organization">
<span itemprop="name">Government</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Cabinet_of_Australia" />
</span> announced the imminent commencement of the Compensation<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">Compensation</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Compensation_of_employees" />
</span> Scheme of the Last Resort (CSLR). The CSLR is a comprehensive scheme designed to compensate victims of misconduct by Financial services firms licensed to provide relevant products or services<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">services</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Service_(economics)" />
</span>, legislation<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">legislation</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Legislation" />
</span> for which passed in 2023. The scheme marks a pivotal moment in the government's commitment to restoring trust<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">trust</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Trust_(social_sciences)" />
</span> and integrity within the Financial services sector after the findings of the Hayne Royal Commission.
Since the introduction of EV<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">EV</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Extended_Validation_Certificate" />
</span> incentives by various state governments to encourage the uptake of EVs and other zero emissions vehicles, the market share<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">market share</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Market_share" />
</span> of EVs has significantly increased from around 0.78% in 2022 to 7.2% in 2023. According to the Federal Chamber of Automotive Industries<span itemscope itemtype="http://schema.org/Organization">
<span itemprop="name">Federal Chamber of Automotive Industries</span>
</span>, while EV sales<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">sales</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Sales" />
</span> only account for a small proportion of overall vehicle sales, the sales have increased 185% since 2022 (80,446 sales 2023 vs 33,410 in 2022).
The talk about the stage 3 tax cuts has reached a fever pitch in recent days. The changes were originally legislated by the previous government in 2019 with support of the then Labor<span itemscope itemtype="http://schema.org/Organization">
<span itemprop="name">Labor</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Australian_Labor_Party" />
</span> opposition. During the election campaign<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">campaign</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Marketing" />
</span> and since coming into government, the Prime Minister had reassured voters on multiple occasions the stage 3 tax cuts would remain. However, with the recent inflationary stressors, the government has been under increasing pressure<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">pressure</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Pressure" />
</span> to scrap the already legislated tax cuts in favor of cost-of-living relief for low to middle income earners, which would require the introduction of amending legislation.
Castletons is one of the very first accountancy firms in Australia to launch a free mobile<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">free mobile</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Smartphone" />
</span> Tax App. The great news is that the App can be downloaded free onto your IPhone<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">IPhone</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/iPhone" />
<link itemprop="additionalType" href="http://www.productontology.org/id/Smartphone"/>
</span>,IPad or Android<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">Android</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Android" />
</span> devices. It's packed full of some really useful Tax Tables, Calculators<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">Calculators</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Calculator" />
</span> and important financial dates, all of which you will be able to access for free, anywhere you have an internet<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">internet</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Internet" />
</span> connection on your device.
Get your free App from Castletons here:Â
Liability<span itemscope itemtype="http://schema.org/Thing">
<span itemprop="name">Liability</span>
<link itemprop="sameAs" href="https://en.wikipedia.org/wiki/Legal_liability" />
</span> limited by a scheme approved under Professional Standards legislation.