Hi Guys. Onto my favourite topic again - must be the inner accountant in me.
I found this article on the ATO website, which seems to be a DRAFT TAX ruling in regards to Luxury Car Tax - published in the last few months.
Certainly interesting ready.
https://www.ato.gov.au/law/view/document?DocID=DLD/LCTD2022D1/NAT/ATO/00001
It is written from the perspective of the car dealer (INEOS) as to whether they need to charge LCT on the vehicle or not on DUAL CAB/UTILITY Vehicles.
Points 12,13,29,30,31,32 are pertinent.
Based on these points, let me take the worst case scenario in Australia where we are buying the 5 seat diesel.
The passenger capacity weight of the 5 seater is 340kg (5x68kg)
The payload (Vehicle Load Capacity) is 810kg. (Difference between GVM and Unladen Mass(Kerb Weight))
810kg x 50% = 405kg.
405kg is greater than 340kg - So the determination could be made that the primary purpose of this vehicle is to carry goods.
NOW - Granted this is under the heading of DUAL CAB UTILITIES.
HOWEVER point 15,16 of the Document deals with OTHER VEHICLES - (Which is probably the category where the station wagon fits into)
This deals with a lot in regards to how the vehicle has been marketed, promoted, payloads etc as to whether it becomes a commercial vehicle or not.
Which is probably why we see the 2 Seater being marketed as a Utility - however it is not unforseeable that the 5 Seater could also qualify for a LCT exemption - all going the right way.
Interesting times, but I suppose we will have to wait until the 18th at least to see what tack INEOS have taken on all of this - and what Exemptions INEOS have requested the ATO to make in regards to the INEOS - much like Toyota did with the LC70.