• Estimated LCT gap

    The LCT gap is derived by comparing the theoretical LCT payable with actual LCT payable for a period. The difference represents the LCT gap.

    The LCT rate did not change between 2009-10 and 2010-11. Increases in actual LCT payable would be attributable to growth in sales of cars subject to LCT and changes in compliance levels.

      Last modified: 13 Nov 2015QC 26611