luxury car tax victoria calculator

Hunting for a Luxury Car Tax calculator in Victoria? Good news: LCT is a federal caper, so VIC plays by the same rules as everywhere else.

For 2024–25, the thresholds are $91,387 for fuel‑efficient cars and $80,567 for others, with LCT at 33% on the portion of the car’s LCT value above the relevant threshold.

In practice, dealers calculate it on the GST‑adjusted amount above the threshold (that 10/11 factor you hear about) and it excludes state bits like stamp duty, rego and CTP.

As a quick guide: take the car’s GST‑inclusive LCT value, subtract the threshold, apply 33% (with that GST adjustment) and you’re in the right postcode—no abacus required.

For precision, use an ATO or dealer calculator, then spend the change on floormats instead of humble‑brags.