M J Heywood & Co
Chartered Accountant
 

Address:
Suite 407
1 Princess St.
Kew, Vic. 3101

Phone:
613 9853 1234

Fax:
613 9853 1023

Email us

Liability limited by a scheme approved under Professional Standards Legislation

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Property Trusts Redemption Suspension

Would you want to be a Car Retailer?

Record Keeping in the Electronic Environment
Always lodge your Activity Statement - even if nil
Activity Statement Variations?  Act Now

Would you want to be a Car Retailer?

Car retailers are operating under a proposed tax arrangement that parliament hasn’t passed.


The Rudd Government luxury on car tax has been rejected by the Senate.  But it will be re-introduced.

 

If passed, it will apply from 1st July 2008.

 

So, if you buy a luxury car (i.e. cost over $57,123) do you want to pay the extra 8% tax on a law that hasn’t been passed?

 

There are solutions, but is this fiasco really necessary?

 



6th-November-2008