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  • Luxury car tax rate and thresholds

    Luxury car tax rate

    Cars with a luxury car tax (LCT) value over the LCT threshold attract an LCT rate of 33%.

    For the LCT rate before 3 October 2008, refer to A New Tax System (Luxury Car Tax Imposition - General) Act 1999.

    Luxury car tax thresholds

    The following table lists the LCT thresholds for the financial year the car was imported, acquired or sold.

    If you import or sell a car with a GST-inclusive value above these LCT thresholds, you must pay LCT except in certain circumstances. In general, the LCT value of a car includes the value of any parts, accessories or attachments you supplied, or imported, at the same time as the car.

    LCT thresholds

    Financial year

    Fuel efficient vehicles

    Other vehicles

    2023–24

    $89,332

    $76,950

    2022–23

    $84,916

    $71,849

    2021–22

    $79,659

    $69,152

    2020–21

    $77,565

    $68,740

    2019–20

    $75,526

    $67,525

    2018–19

    $75,526

    $66,331

    2017–18

    $75,526

    $65,094

    2016–17

    $75,526

    $64,132

    2015–16

    $75,375

    $63,184

    2014–15

    $75,375

    $61,884

    2013–14

    $75,375

    $60,316

    2012–13

    $75,375

    $59,133

    2011–12

    $75,375

    $57,466

    The indexation factor for the 2023–24 financial year for:

    • fuel-efficient vehicles is 1.052
    • other vehicles is 1.071.

    Find out what defines a fuel-efficient car.

    Last modified: 18 May 2023QC 38161