A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 1 Indirect Tax Acts
Part 1 Amendment of the A New Tax System (Goods and Services Tax) Act 1999
8 At the end of section 9-75
Add:
(2) However, if the taxable supply is of a *luxury car, the value of the taxable supply is as follows:
Luxury car tax value * (10 / 11)
where:
luxury car tax value has the meaning given by section 5-20 of the A New Tax System (Luxury Car Tax) Act 1999.
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