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Green
Vehicles Duty Scheme
The Green
Vehicles Duty Scheme sets differential stamp
duty costs for new light vehicles to provide an
incentive for the purchase of low emission vehicles
and a disincentive against the purchase of vehicles
with poor environmental performance. The Green
Vehicles Duty Scheme is an action under
Weathering the Change – the
ACT Climate Change Strategy, and
represents an important step towards reducing the
ACTs climate change impact.
Under the
Green Vehicles Duty Scheme, all new light vehicles
will have a Green Vehicle Rating of A, B, C, or D,
on which duty rates will be based. A better
environmental choice will mean you pay less stamp
duty! The ACT Green Vehicle Rating is based on a
combination of two environmental ratings from the
Commonwealth Green Vehicle Guide:
the greenhouse rating, based on a vehicle’s carbon
dioxide emissions, and the air pollution rating, a
measure of noxious pollutants that reduce our air
quality.
Vehicles with an “A”
rating will pay nil stamp duty. Vehicles with a “B”
rating have an environmental performance
significantly above average, and will receive a duty
discount. Vehicles with average environmental
performance have a "C" rating, and duty rates will
be unchanged. “D” vehicles have below average
environmental performance, and will pay a higher
rate of duty.
|
Green Vehicle
Rating |
Portion of
Price up to $45,000
(currently $3 per $100 or part thereof) |
Portion of
price over $45,000
(currently $5 per $100 or part thereof) |
|
A |
$0 |
$0 |
|
B |
$2 per $100 or
part thereof |
$4 per $100 or
part thereof |
|
C |
$3 per $100 or
part thereof |
$5 per $100 or
part thereof |
|
D |
$4 per $100 or
part thereof |
$6 per $100 or
part thereof |
Note: Duty
rates for motor vehicles are set by a Disallowable
Instrument made under Section 139 of the
Taxation Administration
Act 1999. The
new Green Vehicles duty rates will commence on 3
September 2008.
Further Information
Brochure:
Green Vehicles Brochure
( PDF 801Kb)
Fact Sheet:
Green Vehicles Fact Sheet
( PDF 537Kb)
The Green Vehicle Guide
website is run by the Commonwealth Department of
Infrastructure, and can be found at
http://www.greenvehicleguide.gov.au
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