Luxury Car Tax going UP :(

d3syd · 05-14-2008, 05:41 AM

Sorry to ask this guys, but has it been confirmed that the LCT has gone up or is it still just talk? Haven't had time to look at the budget to check.

SimonB · 05-14-2008, 06:15 AM

It's proposed. The budget still has to be passed by Parliament before it becomes law. The Libs are now posturing about blocking some of the more controversial increases, but that may cause problems (blocking of supply and then a possible double disolution, IIRC) so who knows.

That's my take on the situation, anyway. Could be wrong, if so:

d3syd · 05-14-2008, 06:20 AM

Thanks Simon. Just read that 1 July was the date that they want to bring it in, which means that I'll be safe as I will have my car before that.

Carlos · 05-14-2008, 08:17 AM

Yes, for the ones that have deliver before that date, will be fine, another solution is just go to the dealer and pay the full amount, which will make sense if you are having delivery on july or august, else your delaer will be having your money for too long or you'll be paying the bank interest on a car you still do not own.

05-14-2008, 05:41 AM	#67
d3syd Major 50 Rep 1,474 Posts Drives: 135i MT, LMB, ProNav Join Date: Nov 2007 Location: Scamander, Tasmania iTrader: (0) Garage List 2008 135i Coupe [0.00]	Sorry to ask this guys, but has it been confirmed that the LCT has gone up or is it still just talk? Haven't had time to look at the budget to check. __________________ Fun Car: 135i Manual LeMans Blue / Beige Leather / Grey Poplar / pro nav / euro plates. Delivered 24 June 08 Family Car: Land Rover Discovery 4 SDV6 Spare Car: Volvo V70 Sydney Car: MB 420SEL
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05-14-2008, 06:15 AM	#68
SimonB 135 to 335 M Sport to X3 30d M Sport 164 Rep 1,788 Posts Drives: 2018 X3 30d, optioned up! Join Date: May 2008 Location: Perth, Western Australia iTrader: (0)	It's proposed. The budget still has to be passed by Parliament before it becomes law. The Libs are now posturing about blocking some of the more controversial increases, but that may cause problems (blocking of supply and then a possible double disolution, IIRC) so who knows. That's my take on the situation, anyway. Could be wrong, if so: __________________ 2018 X3 30d, Carbon Black Metallic, M Sport Package, Panorama glass sunroof, Lumbar support, Instrument panel in Sensatec, Ambient Lightning, Harmon Kardon Surround Sound , Dynamic Damper Control
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05-14-2008, 06:20 AM	#69
d3syd Major 50 Rep 1,474 Posts Drives: 135i MT, LMB, ProNav Join Date: Nov 2007 Location: Scamander, Tasmania iTrader: (0) Garage List 2008 135i Coupe [0.00]	Thanks Simon. Just read that 1 July was the date that they want to bring it in, which means that I'll be safe as I will have my car before that. __________________ Fun Car: 135i Manual LeMans Blue / Beige Leather / Grey Poplar / pro nav / euro plates. Delivered 24 June 08 Family Car: Land Rover Discovery 4 SDV6 Spare Car: Volvo V70 Sydney Car: MB 420SEL
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05-14-2008, 08:17 AM	#70
Carlos Second Lieutenant 6 Rep 283 Posts Drives: Join Date: Mar 2008 iTrader: (0)	Yes, for the ones that have deliver before that date, will be fine, another solution is just go to the dealer and pay the full amount, which will make sense if you are having delivery on july or august, else your delaer will be having your money for too long or you'll be paying the bank interest on a car you still do not own.
	Appreciate 0 Quote