What is the Luxury Car Tax? What is its purpose?
One of the most controversial taxes the Australian Government has enacted. Theoretically, it’s designed to raise more revenue to pay for road infrastructure funding by adding an additional tax on new vehicles the government deems as ‘luxurious.’
The Luxury Car Tax is based on the price of the vehicle and includes any options fitted, dealer delivery charges the Goods and Services Tax (GST), but only applies to vehicles that are…
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