Hoopyfrood
Member
Nah. The Luxury Car tax threshold was always slated to go up for fuel efficient vehicles. It's been on the ATO site for ages. Labor's policy is a whole other thing.Labor's legislation hasn't been introduced yet, has it? I'm hoping it is soon and the FBT free novated leases become a reality...would be the only positive of having to wait so long for the damned car.
Luxury car tax rate and thresholds | Australian Taxation Office
Luxury car tax (LCT) rate and thresholds.
www.ato.gov.au