luxury car limit 2023 ato

Chasing the ATO’s Luxury Car Tax thresholds for 2023? Here’s the tidy version for your spreadsheet.

• 2022–23 thresholds: $84,916 (fuel‑efficient) and $71,849 (other vehicles).
• 2023–24 thresholds: $89,332 (fuel‑efficient) and $76,950 (other vehicles).

LCT is charged at 33% on the GST‑inclusive value above the relevant threshold. Figures apply to the car’s price including options and dealer delivery, but exclude on‑road costs. Consult official documentation for exact figures.