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retirement permit

Lahirukuma

Asked by Lahirukuma,

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Lahirukuma Newbie

Lahirukuma

Posted
Posted

how about if we import a car/ SUV through 12Million retirement permit? whether luxary tax deduce from permit value? ( when engine capacity tax not exceed maximum  permit value) 

9 answers to this question

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Magnum Newbie

Magnum

Posted
Posted

Luxury tax is paid based on the vehicle's value and/or engine capacity. The amount of duty you pay is irrelevant. 
Correct me if im wrong

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priyanka Newbie

priyanka

Posted
Posted (edited)

Sorry.. but 12 million permit is becoming useless because of the luxury tax...

Luxury tax need to be paid separately...

And the most vehicles with no luxury tax... the duty is more than 12 million 

Edited by priyanka
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zeristo Newbie

zeristo

Posted
Posted

No thats not the case. you can still use the permit to get a diesel car below 2300 cc and petrol car below 1800cc which are exempt from luxury tax.

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priyanka Newbie

priyanka

Posted
Posted (edited)
2 hours ago, zeristo said:

No thats not the case. you can still use the permit to get a diesel car below 2300 cc and petrol car below 1800cc which are exempt from luxury tax.

Can you name few cars... ??

Petrol 1500 to 1800 cc 

No point buying a petrol car below 1500 cc with a retirement permit..

And diesel of course... you can.. but then you 'll have to pay additional 4 million , as then the  duty will be 16 million.... if it's a 2000 cc diesel..

 

 

 

Edited by priyanka
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kush Contributor

kush

Posted
Posted
2 hours ago, Crosswind said:

I really enjoy this kind of conversation. Some guy has a permit for 12 million and most probably he's gonna end up buying a Premio with it :D

 

Premio 1800cc (Lankawatama Ekai)

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mcs627 Newbie

mcs627

Posted
Posted (edited)
6 hours ago, priyanka said:

Can you name few cars... ??

Petrol 1500 to 1800 cc 

No point buying a petrol car below 1500 cc with a retirement permit..

And diesel of course... you can.. but then you 'll have to pay additional 4 million , as then the  duty will be 16 million.... if it's a 2000 cc diesel.

Not if it is a diesel PHEV. https://www.autoexpress.co.uk/mercedes/e-class/106616/new-mercedes-e-300-de-2019-review

Edited by mcs627

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