pah
25-09-2005, 10:08 AM
Hi all,
I think I remember reading in Motor or Wheels that the VE V8 will be offered with LPG. Has anybody heard anything about this?
With the radical price difference between ULP and LPG, it obvious that the percentage of LPG users is going to increase and that means a loss of tax for the Fed Gov't. It's predictable that they'll target LPG as a tax source once it becomes popular. This web site has some info on LPG and excise:
http://www.esanda.com/common/pdfs/Fleetview12.pdf
Fleet managers will continue to enjoy lower running costs, strong resale values and a green image thanks to the Federal Government’s decision to extend the taxfree period for LPG to 2011. The decision in late March came
three months after the government’s original Energy Grants (Cleaner Fuels
Scheme) announcement that was to have introduced an LPG excise in 2008.
Excise on LPG will now be phased in from July 2011 with increases of 2.5 cents a litre a year for five years. From July 2015 the rate of excise will stay at 12.5 cents per litre. Petrol and diesel are taxed at more than 38 cents a litre. But the compromise on LPG excise means that the $1000 grant offered to motorists who buy an LPG or bi-fuel vehicle will only come into effect from 2011. The excise will not apply to business and domestic use of LPG, nor for LPG powered equipment such as forklifts. Stimulating sales The Australian Liquefied Petroleum Gas Association is lobbying the government to extend or bring forward the $1000 grant to stimulate LPG sales. There are around 500,000 LPG-powered vehicles in Australia.
PAH
I think I remember reading in Motor or Wheels that the VE V8 will be offered with LPG. Has anybody heard anything about this?
With the radical price difference between ULP and LPG, it obvious that the percentage of LPG users is going to increase and that means a loss of tax for the Fed Gov't. It's predictable that they'll target LPG as a tax source once it becomes popular. This web site has some info on LPG and excise:
http://www.esanda.com/common/pdfs/Fleetview12.pdf
Fleet managers will continue to enjoy lower running costs, strong resale values and a green image thanks to the Federal Government’s decision to extend the taxfree period for LPG to 2011. The decision in late March came
three months after the government’s original Energy Grants (Cleaner Fuels
Scheme) announcement that was to have introduced an LPG excise in 2008.
Excise on LPG will now be phased in from July 2011 with increases of 2.5 cents a litre a year for five years. From July 2015 the rate of excise will stay at 12.5 cents per litre. Petrol and diesel are taxed at more than 38 cents a litre. But the compromise on LPG excise means that the $1000 grant offered to motorists who buy an LPG or bi-fuel vehicle will only come into effect from 2011. The excise will not apply to business and domestic use of LPG, nor for LPG powered equipment such as forklifts. Stimulating sales The Australian Liquefied Petroleum Gas Association is lobbying the government to extend or bring forward the $1000 grant to stimulate LPG sales. There are around 500,000 LPG-powered vehicles in Australia.
PAH