Luxury Car Tax to be Phased Out to Protect Vehicle Resale Value Luxury Car May 22, 2025 The Australian government plans to phase out the Luxury Car Tax (LCT) to safeguard the resale values of near-new luxury vehicles, according to a report.
Luxury Car Tax to be Phased Out to Protect Vehicle Resale Values Luxury Car May 22, 2025 The Australian government plans to gradually phase out the Luxury Car Tax to prevent significant drops in resale values of luxury vehicles.