Sentences with phrase «car tax threshold»
Luxury car tax is a tax of 33 % imposed on luxury cars over the luxury car tax threshold, which is indexed annually.
https://www.ato.gov.au/
The 200 Series LandCruiser range all comes above the luxury car tax threshold meaning that the $ 88,541 sticker price for our GXL translates into just under 100 grand when you add the taxes and on - road costs.
At the other end of the scale, the model range is capped at $ 59,280 by the X1 xDrive23d — the only variant in the X1 range to break through the Luxury Car Tax threshold.
Priced from $ 61,900 — positioned near the very base of the 3 Series model hierarchy and only underpinned by the three - cylinder 318i — the 320i is priced above the Luxury Car Tax threshold.
One has to question how the X1 could be considered a «luxury SUV» in the VFACTS context, when most of the model range is priced below the Luxury Car Tax threshold of $ 57,180.
Not exact matches
«To encourage fuel efficient fleets, we will extend the 100 per cent first year capital allowance for low emission business cars, reduce the CO2 threshold for the main capital allowance rates; and increase the percentage list price of company cars subject to tax.
Luxury Car Tax (LCT) applies where the total sales prices (excluding stamp duty, statutory charges and on - road charges only) is above the LCT threshold.
That also beats out the car's closest competitor — the Porsche Panamera E-Hybrid — and puts it under most tax - incentive thresholds for emissions.
And the good news is that at $ 62,490 it remains below the new Luxury Car Tax (LCT) threshold of $ 63,184.