A New Tax System (Luxury Car Tax) Act 1999

Part 3 - Paying the luxury car tax  

Division 15 - Adjustments  

Subdivision 15-B - Change of use adjustments  

15-30   Changes of use - supplies of luxury cars  

(1)    
You have a decreasing luxury car tax adjustment if:

(a) you were supplied with a * luxury car ; and

(b) luxury car tax was payable on the supply because you did not * quote for the supply; and

(c) you were * registered at the time of the supply; and

(d) you intend to use the car for a * quotable purpose ; and

(e) you have only used the car for a quotable purpose.

(1A)    

You have a decreasing luxury car tax adjustment if:

(a) you are supplied with a *luxury car; and

(b) luxury car tax is payable on the supply; and

(c) you are *registered at the time of the supply; and

(d) were you to *import the car for the same purpose as your purpose in acquiring it, luxury car tax would, because of paragraph 7-10(3)(ba) , not be payable on the importation; and

(e) you do not intend to use the car, or permit it to be used, other than for that purpose.

(2)    
The * decreasing luxury car tax adjustment is equal to the amount of luxury car tax that was payable on the supply.

(3)    
You have an increasing luxury car tax adjustment if:

(a) you were supplied with a * luxury car ; and

(b) either:

(i) no luxury car tax was payable on the supply because you * quoted for the supply; or

(ii) you had a decreasing luxury car tax adjustment under subsection (1) ; and

(c) you use the car for a purpose other than a * quotable purpose .

(3A)    

You have an increasing luxury car tax adjustment if:

(a) you were supplied with a *luxury car; and

(b) you had a *decreasing luxury car tax adjustment under subsection (1A) in relation to the supply; and

(c) either:

(i) you use the car (or permit it to be used), and that use would have prevented a decreasing luxury car tax adjustment arising under that subsection if it had been your purpose in acquiring the car; or

(ii) you supply the car to another entity.

(3B)    

However, subparagraph (3A)(c)(ii) does not apply if luxury car tax would, because of paragraph 7-10(3)(ba) , not have been payable if the other entity had instead *imported the car for the same purpose as its purpose in acquiring the car from you.

(4)    
The * increasing luxury car tax adjustment is equal to:

(a) the amount of luxury car tax that the supplier of the car would have had to pay if you had not * quoted for the supply; or

(b) the amount of the * decreasing luxury car tax adjustment ;

whichever is relevant.