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  • Luxury car tax

    Luxury car tax (LCT) of 33% applies to most vehicles over the LCT threshold. The LCT threshold is reviewed annually.

    Most primary producers can claim refunds of 8/33 of the LCT they have paid, up to a maximum of $3,000. This is the difference between the current LCT rate of 33% and the previous LCT rate of 25%.

    See also:

    Last modified: 27 May 2016QC 42317