A New Tax System (Luxury Car Tax) Act 1999
You have a luxury car tax adjustment for a supply of a * luxury car for which you are liable to pay luxury car tax (or would be liable to pay luxury car tax if it were a * taxable supply of a luxury car ) if:
(a) in relation to the supply, one or more * luxury car tax adjustment events occur during a * tax period ; and
(b) luxury car tax on the supply was attributable to an earlier tax period (or, if the supply was not a taxable supply of a luxury car, would have been attributable to an earlier tax period had the supply been a taxable supply of a luxury car); and
(c) as a result of that adjustment event or those adjustment events, the * previously attributed luxury car tax amount for the supply no longer correctly reflects the amount of luxury car tax on the supply (the corrected luxury car tax amount ), taking into account any luxury car tax adjustments for the supply.
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