dunno, talk to ur accountant and see if it makes a difference. but having everything clearly within the correct FY helps to iron out ambiguity i guess, and if it doesnt cost u money to reissue it, why not?
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Australian Model Y Waiting Room
- Thread starter Joe__B
- Start date
I believe if the invoice is prior to 30 June then the 2023 LCT threshold applies even though the vehicle was delivered after the EOFY. The evidence required by the Ato is always the tax invoice. Obviously if the LCT =0 then it does not matter. I would not want a tax invoice which has LCT > 0 as a line item. I don't want to have to explain to the ATO that the vehicle was not "delivered" until July. Hence the "grey area" I spoke of.
Also the total amount payable would also change if LCT was > 0 before EOFY but then goes to zero when the clock ticks over on 1 July. I would want a proper tax invoice
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Fair enough if the values on the invoice are actually different.
It won't affect me because I am taking delivery before EOFY or nothing, I was just wondering what the difference would be, because I was assuming the date would be the only thing to change.
LCT of $205
I reckon Elon smart to make only the vanilla MYLR LCT0 is to sell as make vanilla cars as possible. Making the MYLR+ the optional extras LCT0 might reduce his production line efficiency. Much quicker to make them all vanilla and pump them out before EOFY. Not that EOFY matters to him, it matters to customers like you and I.
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I'm in a similar situation. EDD is 19/6 to 30/6 (Brisbane). Hope to get it on or after 1 July to avoid the LCT as I ordered the 20" induction wheel. That's a saving of $355 based on my final invoice.
I haven't requested delivery in July yet, as the actual delivery date could be delayed to July. However, if my car is ready for pickup in June, I wonder if we can still request to postpone the delivery date. As I read in the Order Agreement, it says " You agree to schedule and take delivery of your Vehicle within one week of this date." I hope this means, as long as our actual delivery date is on or after 24 June, we could postpone it to 1 July. What do you think?
Grand Eagle is repositioning - hopefully in prep to dock later this evening once AAL Shanghai leaves. Unfortunately, my EDD for Sydney delivery (Chatswood) got pushed to Jun 21 - Jul 12 like so many others......still....progress (?)
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I thought the LCT threshold was $89,332. How did ordering the 20" Induction Wheels help you avoid the LCT? It would well under the LCT regardless, assuming you ordered a RWD.
The driveaway price of the LR with inductions is $89,459 so you'd be over the July 1, 2023 LCT threshold.
With the new LCT limits from 1 Jul, you can purchase almost any MYLR model
For those with Novated Leases, just heard back from my provider that if I take posession after 1st of July, it will benefit me slightly more due to the car now sneaking under the higher car limit for 2023-24. Even though the interest rate will be .25% higher, my monthly repayments will be $20 cheaper and my residual to purchase the car will be $200 less. (This is based on my circumstance of 1 year novated lease, base white model Y, 37% tax bracket)
One positive thing from all of these delays at least.
One positive thing from all of these delays at least.
Are u sure that's not for Brisbane? The Sydney one is still like this today https://www.aaterminals.com.au/wp-content/uploads/document//PK Berthing Schedule 140623.pdf (it's been updated today)
Things are finally looking positive for Grand Eagle and Morning Crystal in Port Kembla.
Mine remains sticky 16-30June.
I'm resigned to it changing...
It's been repositioning off Port Kembla since 23May.
The sea currents causes it drifts and has to reposition from time to time.
The tracking below is just for today
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Assume you mean the depreciation limit of $64k going up to $68k
Previously limited GST claims to $5885 and now would be $6191 - which affects both the lease payments/residual as well as the luxury vehicle adjustments
For my MYLR on a 12 month term that puts me $800 better off overall
Wow. Physical check on delivery date. I wonder what happens if your car doesn’t pass then? Bit late to knock off trade in values as we would have had to pay for the Tesla in full by then.
This is normal, and would be stated in any trade in contract. If the car is worse then they will knock off more $$$
