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When is duty charged?
Duty is charged on an application to register a motor vehicle or a notice of change of beneficial ownership.
Duty is imposed on the following:
- an application to register a motor vehicle;
- an application to transfer the registration of a motor vehicle;
- a notice of change of beneficial ownership of a motor vehicle.
There are exemptions for some individuals or organisations.
How much duty is payable?
The amount of duty payable depends on the dutiable value of the motor vehicle
The dutiable value of a new motor vehicle is the consideration paid for the vehicle (disregarding the value of any trade-ins).
The dutiable value of a used motor vehicle is the greater of:
- the consideration paid for the vehicle (disregarding the value of any trade-ins); or
- the market value of the vehicle at the time the vehicle was acquired or when a notice of change of beneficial ownership is lodged; or
- the market value of the vehicle at the time of application to register the vehicle.
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