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25 Jun 09 Car limit for the 2009-10 financial year - TD 2009/13 & LCTD 2009/1

On 24 June 2009, the ATO issued the following 2 Determinations:

  • TD 2009/13 Income tax: what is the car limit for the 2009-10 financial year? The car limit for the 2009-10 financial year is $57,180.
  • LCTD 2009/1 Luxury car tax: what is the luxury car tax threshold and fuel efficient car limit for the 2009-10 financial year? The luxury car tax threshold for the 2009-10 financial year is $57,180. The fuel efficient car limit for the 2009-2010 financial year is $75,000.

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