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Title : Luxury Car Tax threshold increased for FY19
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Luxury Car Tax threshold increased for FY19

The Federal Government has increased the Luxury Car Tax (LCT) threshold for the 2018-19 Financial Year, bumping it to $66,331. An increase of $1237 on the 2017-18 value, the $66,331 threshold applies to vehicles that use more than 7.0L/100km on the combined cycle.

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