LCT

Enter the amount of Luxury Car Tax (if applicable).

•Note:  As the amount you collect for the Sale of the car includes Luxury Car Tax, and this tax must be paid to the ATO, it becomes a cost to you.  When the entry is made on the Sale screen, Dealerlogic makes an entry on the Profit screen for the same amount, effectively taking out the amount of LCT from your ‘Gross Profit’.