Prestige Motorsport

LCT

Luxury Car Tax Thresholds Raised for 2020-21

[dt_gap height=”10″ /] The Luxury Car Tax (LCT) threshold for imported cars has been raised for the 2020 / 21 financial year. [dt_gap height=”10″ /] For fuel-efficient vehicles it has been lifted from $75,526 to $77,565. [dt_gap height=”10″ /] For all other vehicles it has been lifted from $67,525 to $68,740. [dt_gap height=”10″ /] View the Australian Luxury […]

Luxury Car Tax Limits Raised

[dt_gap height=”10″ /] The Luxury Car Tax (LCT) threshold on imported cars has been raised on regular cars for the 2018 / 19 financial year – but oddly NOT for fuel-efficient vehicles. [dt_gap height=”10″ /] In fact, the LCT threshold for fuel-efficient vehicles has only been lifted $526 between 2010 to 2018 as can be […]