Re: pricing for the 150
The ATO guide to LCT says:
"Additional accessories, modifications and treatments
The LCT value of a car includes the price of all accessories, modifications and treatments made to the car or paid for by the customer (or their associate), provided they are made:
? before the car is delivered to the customer, or
? under an arrangement with the supplier of the car, or with an associate of the supplier, at or before the time of delivery."
So if you don't want to be liable for LCT, you should get accessories after delivery. Makes it hard especially if they are factory fitted options.
At least the LCT seems to be based on the price you actually pay so any discounts have a bonus effect. In Qld at least, the stamp duty on registration is based on the RRP on road including accessories so is not reduced by discounts. It gets very confusing trying to work out all the various taxes etc when they seem to be based on different base prices.
I have been trying to understand these costs to decipher the quotes from my novated lease fleet manager.
Originally posted by johnv
"Additional accessories, modifications and treatments
The LCT value of a car includes the price of all accessories, modifications and treatments made to the car or paid for by the customer (or their associate), provided they are made:
? before the car is delivered to the customer, or
? under an arrangement with the supplier of the car, or with an associate of the supplier, at or before the time of delivery."
So if you don't want to be liable for LCT, you should get accessories after delivery. Makes it hard especially if they are factory fitted options.
At least the LCT seems to be based on the price you actually pay so any discounts have a bonus effect. In Qld at least, the stamp duty on registration is based on the RRP on road including accessories so is not reduced by discounts. It gets very confusing trying to work out all the various taxes etc when they seem to be based on different base prices.
I have been trying to understand these costs to decipher the quotes from my novated lease fleet manager.
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