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Old 27-04-2007, 12:32 PM   #1
Charliewool
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Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 15,693
Default New car stamp duty decrease (Vic)

Just heard on the news..
As from next Tues (May 1st) all new cars up to $57,000 will now attract stamp duty of only 2.5%
Previously up to 35k was 4% and 35k to 57k was 5%... so quite a substantial saving on a 55 grand car!
The old rates were put in place in 1987 when a vehicle costing over 35k was considered luxury.

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