Thread: ///M footrest
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      11-23-2012, 01:08 PM   #10
JonoNZ
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Drives: BMW iX M60, Macan Turbo
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Quote:
Originally Posted by David328M-Sport View Post
That's why I posted previously to you. Anyway, does NZ charge stamp duty as well? What we have in most (not all) states & territories is a double tax. The 10% GST (ok so I can deduct around $5.5k or so of it it as my car is owned by my company), but on top of that we have a stamp duty tax and in many circumstances, a luxury car tax, being a third tax.
No stamp duty here. Just car registration ($460), and GST at 15%. Both are included in the drive away pricing that most manufacturers show these days. No luxury car tax either. On the other hand our cars are more expensive to start with, partly due to our dollar being worth 20% less than the AUD.
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