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Luxury car taxhttps://www.ato.gov.au/Business/Luxury-car-tax/Last modified: 22 Feb 2022QC 22094Luxury car tax (LCT) is a tax on cars that have a GST-inclusive value above theLCT threshold.LCT is:imposed at the rate of 33% on the amount above the luxury car thresholdpaid by businesses that sell or import luxury cars (dealers), and by individualswho import luxury cars.In this sectionRegisteringWhen LCT appliesWhen LCT doesn't applyWorking out the LCT amountGet your LCT rightReporting and keeping recordsAdjustments, credits and refundsTA 2021/4 – Structured arrangements that facilitate the avoidance of luxurycar taxRegisteringhttps://www.ato.gov.au/Business/Luxury-car-tax/Registering/Last modified: 10 Mar 2017QC 22111You need to be registered for GST and LCT if you operate a business that sellsluxury cars and we need to process your GST registration before registering you forLCT.1 of 26 You also need to be registered for LCT if you are an endorsed public institution (amuseum, gallery or l...