1. What is NSW Motor Vehicle Duty?

Motor Vehicle Duty is a tax imposed by the New South Wales government on the registration or transfer of motor vehicles. The duty rate varies based on the vehicle's price.

2. How Does the Calculator Work?

The calculator uses the NSW duty formula:

Where:

• 3% duty applies to the first $45,000 of the vehicle price
• 5% duty applies to the amount above $45,000

Example: For a $50,000 vehicle: $45,000 × 3% + $5,000 × 5% = $1,350 + $250 = $1,600 duty.

3. Importance of Vehicle Duty Calculation

Details: Accurate duty calculation is essential for budgeting when purchasing a vehicle in NSW. The duty must be paid before the vehicle can be registered or transferred.

4. Using the Calculator

Tips: Enter the vehicle price in Australian dollars (AUD). The price should be the market value or purchase price, whichever is higher.

5. Frequently Asked Questions (FAQ)

Q1: Are there exemptions from vehicle duty?
A: Yes, exemptions apply to certain vehicles like ambulances, fire engines, and vehicles transferred between spouses.

Q2: Is GST included in the vehicle price?
A: Yes, duty is calculated on the GST-inclusive price of the vehicle.

Q3: How is duty calculated for used vehicles?
A: Duty is calculated on either the purchase price or market value, whichever is higher.

Q4: Are electric vehicles subject to duty?
A: Currently, electric vehicles are subject to the same duty rates as conventional vehicles in NSW.

Q5: When is the duty payable?
A: Duty must be paid when registering or transferring a vehicle in NSW.