FAQ: What is Luxury Car Tax (LCT)?

What is Luxury Car Tax (LCT)?

Luxury Car Tax (LCT) is a tax that applies to the sale of new and used demonstrator vehicles where the purchase price (including GST, but excluding other government fees and charges) exceeds the Luxury Car Tax Threshold. The Luxury Car Tax Threshold is subject to change each financial year - to view the threshold for the current Financial Year please click here.

Luxury Car Tax (LCT) only applies to the portion of the vehicle's purchase price that exceeds the Luxury Car Tax Threshold.