Cars with a luxury car tax (LCT) value over the LCT threshold attract an LCT rate of 33%.

Luxury car tax thresholds

If you import or sell a car with a GST-inclusive value above these LCT thresholds, you must pay LCT except in certain circumstances. In general, the LCT value of a car includes the value of any parts, accessories or attachments you supplied, or imported, at the same time as the car.

LCT thresholds
Financial year 2022-2023
Fuel efficient vehicles $84,916
Other vehicles $71,849