Keep in mind though, if you option up a vehicle just under this amount, and the total list price is over the threshold, you will pay LCT.
Some manufacturers, such as Lexus, have lowered the RRP on vehicles within this bracket to offset the difference, but this trend has not yet moved across the board.
If you have any concerns with this change, please check manufacturer web sites for price listings and compare this to the new figure. If your new purchase falls above the threshold, you may wish to discuss the relevance of the impact you’ll face at tax time with your accountant or leasing company.
Further details are available at: www.ato.gov.au