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Interior of a modern luxury car | Featured image for the Luxury Car Tax Explained blog from Fido Finance.

Luxury Car Tax Explained

What exactly is Luxury Car Tax (LCT)? Introduced in 2000, the LCT has made a big impact on individuals buying a car worth more than a specific amount. This luxury tax is also paid by dealerships on imported vehicles that surpass a certain value and was introduced as a means

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