1. What is NSW Motor Vehicle Duty?

Motor Vehicle Duty is a tax imposed by the NSW government on the registration or transfer of motor vehicles. The duty rate varies based on the vehicle's price, with different rates applying to different price brackets.

2. How Does the Calculator Work?

The calculator uses the NSW duty calculation formula:

Where:

• For vehicles priced up to $45,000: 3% duty rate
• For the amount above $45,000: 5% duty rate

Example Calculation: For a vehicle priced at $50,000:
Duty = ($45,000 × 3%) + ($5,000 × 5%) = $1,350 + $250 = $1,600

3. Importance of Vehicle Duty Calculation

Details: Accurate duty calculation helps buyers budget for the total cost of vehicle ownership and ensures compliance with NSW tax regulations when registering or transferring vehicles.

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 may apply for certain transfers between family members, deceased estates, or special vehicle types.

Q2: Does this apply to used vehicles?
A: Yes, duty applies to both new and used vehicle transfers in NSW.

Q3: Are electric vehicles subject to different rates?
A: Currently, electric vehicles follow the same duty calculation in NSW.

Q4: When is the duty payable?
A: Duty is payable when registering a new vehicle or transferring registration to a new owner.

Q5: Are there additional charges beyond the duty?
A: Yes, registration fees, CTP insurance, and other charges may apply in addition to the duty.