Luxury Car Tax Dealer Delivery

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Working out the LCT on a sale Australian Taxation Office

    https://www.ato.gov.au/Business/Luxury-car-tax/Working-out-the-LCT-amount/Working-out-the-LCT-on-a-sale/
    Working out the LCT on a sale. To work out the luxury car tax (LCT) amount you must pay if you sell a car, use the following formula: (LCT value − LCT threshold) × 10 ÷ 11 × 33%.

How to deal with dealer delivery Compare the Market

    https://www.comparethemarket.com.au/blog/car/how-to-deal-with-dealer-delivery/
    On-road costs can include any number of things, like registration, stamp duty, luxury car tax (LCT) and delivery charges. While some of these are government mandated (like stamp duty, LCT and registration), dealer delivery charges are at the discretion of each car dealer, so this is often where they make up for discounted sticker prices.

What is driveaway pricing? Practical Motoring

    https://practicalmotoring.com.au/car-advice/what-is-driveaway-pricing/
    Without this, things like stamp duty, luxury car tax (LCT, and this one can sting!), rego, and dealer delivery can add thousands on top of what you thought was a good price.

Additional fees and charges for new cars - Consumer ...

    https://www.consumer.vic.gov.au/cars/buying-a-new-car/additional-fees-and-charges
    dealer delivery charge - this additional fee for new cars may be charged to cover costs the trader incurs in preparing and delivering the car; Luxury Car Tax - 33 per cent imposted on the GST-inclusive value of luxury cars over the relevant threshold. For details, visit Luxury car tax - ATO website.

Luxury car tax Australian Taxation Office

    https://www.ato.gov.au/Business/Luxury-car-tax/
    Luxury car tax. Luxury car tax (LCT) is a tax on cars with a GST-inclusive value above the LCT threshold. LCT is imposed at the rate of 33% on the amount above the luxury car threshold. LCT is paid by businesses that sell or import luxury cars (dealers), and also by individuals who import luxury cars. Find out about: Registering; When LCT applies

Car tax changes in 2020 – what do I need to know? What Car?

    https://whatcar.com/advice/buying/car-tax-changes-in-2020-%E2%80%93-what-do-i-need-to-know/n1153
    Mar 31, 2020 · Between the Government and the new official method of measuring CO2 emissions, the cost of taxing your car is on the rise for most, but expensive electric cars become £1600 cheaper to own.

Luxury Car Tax - Wikipedia

    https://en.wikipedia.org/wiki/Luxury_Car_Tax
    The Luxury Car Tax (LCT) is a tax within the Australian taxation system, collected by the Australian Taxation Office on behalf of the Australian Government. It began on 1 July 2001, having been brought in by the John Howard Coalition government.

B.C. luxury dealers blindsided, angered by new 25% sales tax

    https://canada.autonews.com/article/20180326/CANADA/180329727/b-c-luxury-dealers-blindsided-angered-by-new-25-sales-tax
    Mar 26, 2018 · The provincial New Democratic Party sharply increased the surtax on luxury vehicles in its February budget, a move characterized by a government spokesman as “one of the ways our government is improving tax fairness and progressivity.” The tax increase is …

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