ato luxury car limit 2023

Chasing the ATO luxury car limit for 2023? Here’s the skinny without the accountant’s glare.

For 2022–23, the Luxury Car Tax thresholds are $84,916 for fuel‑efficient vehicles and $71,849 for other vehicles. For 2023–24 they step up to $89,332 (fuel‑efficient) and $76,950 (other). LCT is charged at 33% on the portion of the car’s GST‑inclusive value above the relevant threshold. If you’re flirting with the line, options and delivery can nudge you over faster than a lead foot. Consult official documentation for exact figures.