Revenue implications of changes to vehicle taxation measures
This proposal contains 16 options to alter motor vehicle taxation in Australia.
Options 1 to 4 would reduce the standard luxury car tax (LCT) threshold to $57,180, and subsequently index the standard LCT threshold in line with the motor vehicle component of the consumer price index (CPI), with the following definitions of fuel‐efficiency for LCT purposes.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreRevenue implications of changes to vehicle taxation measures – Fringe benefits tax exemption
The proposal would exempt all newly purchased battery electric, plug‐in hybrid electric, and hydrogen
fuel cell electric vehicles from the fringe benefits tax (FBT).
The proposal would have effect from 1 July 2019.
Read moreTax cuts package
The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.
The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.
Read moreTax cuts package
The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.
The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.
Read moreTax cuts package
The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.
The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.
Read more