A luxury car is a car with a GST-inclusive value above the LCT threshold (currently $59,133). Genera

What do you want to do? Lodge a business activity statement (BAS) Lodge another statement or return travel health care jobs Pay staff Apply for an ABN, TFN or other registration Make a tax payment Find a rate or calculator travel health care jobs Find a form or publication Fix a problem Get help Your business situation Where do I start? Record keeping invoicing Income tax Expenses travel health care jobs deductions Employing people Buying selling goods and services Selling real estate, shares or your business Overseas dealings Your industry or business type Tax topics A-Z A-C D-E F-G H-L M-R S-Z List all Law, rulings policy Legal Database Law Rulings ATO view ATO policy guidelines Compliance issues Our Compliance program How we make it easier for you to comply Tax planning schemes Tax evasion crime Objections, amendments reviews Community travel health care jobs consultation About consultation Forums Excise Proposed resource rent tax News and seminars Communicating with large businesses Non-profit news service Speakers travel health care jobs and seminars travel health care jobs Activity statement updates SME Communicator Workforce education news What do you want to do? Lodge a business activity statement (BAS) Lodge another statement or return Pay staff Apply for an ABN, TFN or other registration Make a tax payment Find a rate or calculator Find a form or publication Fix a problem travel health care jobs Get help Your business situation Where do I start? Record keeping invoicing Income tax Expenses deductions Employing people Buying selling goods and services Selling real estate, shares or your business Overseas dealings Your industry or business type Tax topics A-Z A-C D-E F-G H-L M-R S-Z List all Law, rulings policy Legal Database Law Rulings travel health care jobs ATO view ATO policy guidelines Compliance issues Our Compliance program How we make it easier for you to comply travel health care jobs Tax planning schemes Tax evasion crime Objections, amendments reviews Community consultation travel health care jobs About consultation Forums Excise Proposed resource rent tax News and seminars Communicating with large businesses Non-profit news service Speakers and seminars Activity statement updates SME Communicator Workforce education news
A luxury car is a car with a GST-inclusive value above the LCT threshold (currently $59,133). Generally, you only need to pay LCT when you sell or import a luxury car. You need to pay LCT as well as any goods and services tax (GST) payable.
Overview Working out when LCT applies Luxury cars and the LCT threshold Who must pay LCT? Importing a luxury car Selling a luxury car When LCT applies to the sale of a luxury car When LCT doesn't apply to the sale of a luxury car Luxury cars where LCT has already been paid Providing a car to an associate or GST group member Additional accessories, modifications and treatments How to work out the LCT amount The LCT rate Working out the LCT on a sale Working out the LCT on an import Cars that LCT has already been paid on Registering, reporting and paying Registering for LCT LCT adjustments Deferring your LCT payment