“Once I had had my initial meeting with Courtney and her team the process was so easy and they kept me updated all the way through. I didn’t have to do anything except the interview. Thanks guys for doing such a great job”.
Peter Hosni – Online Automotive Garage
The LMCT Accounts Team handled my application from beginning to end.
Once we were approved they have offered Bookkeeping services with trained Automotive staff ensuring we are compliant all the way.
Cannot recommend these guys enough.
Simon Lew - Simple Cars
Looking to become a Licensed Motor Car Trader? Let LMCT Accounts take care of the hard work for you.
Our team boasts a broad industry knowledge base, acquired from over 50 years collectively in the Automotive Industry. Utillising this knowledge, along with extensive bookkeeping experience, our team will meticulously prepare and submit your application on your behalf keeping you updated every step of the way.
The process to obtain an LMCT can be complex and time consuming as there is a myriad of information required for a successful application. As part of the application a wide range of personal and business information must be submitted. Examples of these include -
Comprehensive business plan
Consent for criminal history check for all directors, partners, associates and their spouses
Suitable trading premises including all relevant council permits and licences
If the applicant is actively operating a business - a copy of current full financials
To be eligible to hold an LMCT the Business Licensing Authority have a number of strict guidelines.
The eligibility criteria states that to hold a licence you must be -
At least 18 years old
Likely to continue to have (and currently have) sufficient funds to carry on the business
A fit and proper person to be a licensed motor car trader
Able to show that you have premises from which you can lawfully carry on business
Likely to carry on business honestly and fairly
Likely to maintain effective control of the business
Able to show you have sufficient knowledge of the Motor Car Traders Act 1986 and the Motor Car Traders Regulations 2008 to carry on your business.
LMCT Accounts also provides support for existing licence holders -
Change or adding an addition trading address
Change of directors/associates/company secretary/management
Change of business structure (eg Sole Trader to Company)
“Courtney and her team were so helpful and got my application approved within a month. They were even able to sort out the council permit issues!”
Guru – Millenium Auto
The LMCT Accounts Team took over my application from another consultant and had it finalised in only 4 weeks.
They now handle all of my bookkeeping and consulting needs as well.
Chris Beckhauser - Motorhaus
My LMCT Application was very time consuming and the staff and LMCT Accounts took it all in their stride.
Now my Bookkeeping is handled solely by the team which alleviates my stresses and allows me to ficus on running my business.
Matt Sezer - Auswide Prestige