Further to the Federal Government´s announcement of an increase in Luxury Car Tax, the following should be noted when purchasing a new Jaguar.
All new vehicle prices include Luxury Car Tax (LCT) where applicable, and are recommended retail prices (RRP) excluding dealer delivery charges which may vary from dealer to dealer, stamp duty which varies from state to state, registration and compulsory third party insurance costs. All factory fitted optional extra prices include LCT and are RRP.
From 1st July, 2008 LCT of 33% applies to vehicles, factory fitted optional extras and dealer delivery charges where the total price is above $57,180. Where the total price of the vehicle is below $57,180, the price of factory fitted optional extras will be reduced by the value of the LCT.
This is pursuant to the Federal Government´s announcement that these revised LCT parameters will apply retrospectively from 1 July 2008 once the Tax Laws Amendment (Luxury Car Tax) Bill 2008 has passed through the Senate.
During the period between 1st July and when the legislation is passed, the Australian Tax Office has advised that dealers are able to either:
1. Anticipate the tax increase and collect the extra tax in advance, pending the passage of the legislation through the Senate; OR
2. Not anticipate the tax increase and, when the legislation is passed through the Senate, retrospectively seek additional payment in respect of the rate increase.
This is a manufacturer website. New vehicles must be purchased from dealers. Prices and optional extra specifications are subject to change without notice.
Please contact your authorised Jaguar dealer for further details.
