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  • Advice under development – excise issues

    We are developing advice and guidance on the following excise issues.

    [4018] Luxury car tax – principal purpose

    Title
    Final Luxury Car Tax Determination
    Luxury car tax: how to determine the principal purpose of a vehicle

    Purpose
    Luxury car tax is not payable on cars whose principal purpose is not the carriage of passengers. This Determination will set out the Commissioner’s view on how to determine whether a car is a commercial vehicle that is not designed for the principal purpose of carrying passengers. It will also address specific issues regarding vehicle modifications purporting to alter the principal purpose of a luxury car.

    Expected completion
    Early 2023

    Comments
    Draft LCTD 2022/D1 published on 23 February 2022. Expected completion of this product is delayed to provide for further clarification on key terms.

    Contact
    William Reid, Private Wealth
    Phone: (07) 3213 5863
    William.Reid@ato.gov.au

    [4023] Excise refund scheme – meaning of 'legally and economically independent'

    Title
    Final Excise Ruling
    Excise: meaning of ‘legally and economically independent’

    Purpose
    The final Ruling will set out the Commissioner's view of the meaning of ‘legally and economically independent’ for the purposes of the excise refund scheme for alcohol manufacturers under item 21 of subclause 1(1) of Schedule 1 to Excise Regulation 2015 and the excise remission scheme for alcohol manufacturers under item 10 of subclause 2(1) of Schedule 1 to Excise Regulation 2015.

    Expected completion
    To be advised

    Comments
    Draft ER 2022/D1 published on 16 November 2022. Comments period closes on 16 December 2022.

    This Ruling accompanies the revisions to Chapter 7 of the excise guidelines pertaining to the excise refund and remissions scheme which were published in December 2021.

    Contact
    Tony Giannaros, Private Wealth
    Phone: (08) 7422 2438
    wetnewmeasures@ato.gov.au

    Last modified: 28 Nov 2022QC 51795