MORE Luxury Car Tax in the crosshairs as trade talks near That seems pretty simple.

Luxury car tax land cruiser. For the 2013 model year Toyota added all previously optional safety and luxury options as standard. Victorias luxury car tax will hit some Toyota Landcruiser models because it kicks in at 100000. Hi My understanding is that under exempt vehicels for LCT it includes.

Anything over these amounts will attract the tax including accessories and any customisation applied before delivery including GST but excluding government charges such as stamp duty and registration. Luxury car tax LCT is a tax on cars with a GST-inclusive value above the LCT threshold. The NSW Labor Party was planning a 7 per cent luxury car tax in NSW on vehicles over 100000 and faced a fierce backlash from rural groups and farmers because Landcruisers would be hit.

The 2017 Toyota land Cruiser is a Premium luxury SUV and the brand has fitted it with best features to give it a performance boost and enhances the beauty of the vehicle. So if youre buying a car that drinks 9L100km for 72000 the LCT applies to the 4475 over the 67525 threshold. The Standard rate is the ongoing annual car tax payable.

Luxury car tax rate and thresholds The LCT threshold for the 2020-21 financial year is 77565 for fuel efficient vehicles and 68740 for other vehicles. The Land Cruiser 80 series has higher capabilities than its predecessors. The LCT is charged on the amount over the threshold not the entire price of the car.

Thanks to its V8 engine the new Land Cruiser has a superior performance for both the city ride and for any off-road adventure you might want to take it to. Vehicles desinged to carry both people and goods will be considered for primarily for the carriage of goods if the number of seats multiplied by 68kg us less than 50. The 2019 Toyota Land Cruiser is a large luxury SUV that is available in the UAE with three engine options and in four trim levels EXR GXR GXR GT and VXR.

Consumers actual mileage will vary. The First year rate is the amount paid when buying a new TOYOTA Land Cruiser. This rate is only included in the figures shown below where the basic list price of a car - with no options - exceeds 40000.