Australia's luxury car tax affects UK exporters
Trade barrier summary
This affects UK car exports. Australia imposes a 33% tax, known as the Luxury Car Tax (LCT), on all cars with a value above AUS $77,565 for fuel-efficient vehicles, and AUS $68,740 for other vehicles.
This measure affects UK passenger vehicle exports, as Australia's automotive manufacturing industry closed in 2017. The states of Queensland and Victoria also apply higher vehicle registration duty rates for cars valued above certain thresholds.
Sectors affected
- Automotive
Resolved
No
Date reported
11 February 2019
Last updated
18 December 2020
Public ID
PID-YB8NPG
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