New road tax from July 2008

[shpesft]

Yeah less road tax but more ERP

Revision Of Road Tax For Vehicles And Special Tax For Euro-IV Diesel Cars

1     As announced on 30 Jan 2008 and 15 Feb 2008, the road tax and special tax for vehicles will be revised with effect from 1 July 2008 as follows :

    a. The road tax for cars, motorcycles, taxis and commercial vehicles will be reduced by 15%. In addition, the road tax structure for electric and hybrid cars will also be revised; and

    b. The annual special tax for Euro-IV diesel cars will be revised from the current computation of four times of the road tax to $1.25 per cubic centimetres (cc) of engine capacity, subject to a minimum annual payment of $1,250.

2     The reduction in road tax is in line with the gaverment's on-going approach of gradually shifting from vehicle ownership costs towards usage measures to manage congestion on roads. The revision to special tax structure for Euro-IV diesel cars is made in recognition of the improved emissions of Euro-IV diesel cars with respect to both particulate matters1 and carbon dioxide, and the fuel efficiency of diesel engines. It also seeks to narrow the difference in the cost of fuel consumption between a Euro-IV diesel car and a petrol car.

3     From 9 June 2008, the LTA will indicate the revised road tax/special tax rates (payment for special tax is made together with the road tax) on the road tax renewal notices or GIRO payment schedules issued. LTA's e-Services@ONE.MOTORING portal (www.onemotoring.com.sg) which operates from between 6am and midnight daily will also henceforth reflect the new rates.

4     Vehicle owners have received notices or GIRO payment schedules from LTA prior to 9 June 2008 but renew their road tax/special tax on or after 9 June 2008 will pay based on the revised rates for the licensing period from 1 July 2008. Those who have received their road tax renewal notices or GIRO payment schedules with the higher road tax/special tax rates indicated may refer to the aforesaid portal to find out the new rates. They need not request for a new renewal notice or GIRO payment schedule.
 
http://app.lta.gov.sg/corp_press_content.asp?start=1944

[andromeda2000]

Bad news for those who are collecting car from 9 June to 1 July as TCM will be "eating" the 15% reduction even though you pay the higher road tax when you buy the car. I already check with my agent and he confirm that TCM is "eating" the excess road tax.

Imagine hundreds of car got "eaten". Worth thousands of dollars for TCM.

[josho]

Ok.. my office building surrounded by ERP liao... Defeat the purposes leh.. I dun see JAM leh!!!!

Luckily moving out of town soon... 

[wave]

wah does it apply to red plates?

now i pay $50 plus only lei... heh heh

if after 15% = $42.50

 

[Garf83]

reduce 15% road tax arh... mmm... maybe we'll have 150% increase in erp... 

[Jazz]

It will not affect OPC much as min payment still $50. 

[iagree]

Reduce road tax? Not much lah.

Reduce insurance premium.
Road tax is not much only!

And, they shouldn't ask us to pay for Radio license lah!

[mowen]

heng ah collected my car and tan chong rebated the road tax to me $50.something

[lyh1280]

Just renewed my Roadtax which will due on 8 Jul, paid ~$600++ for 1 year, rem last yr paid ~$900++.. so save ~ $300 fr the rebate.. is it correct?

[Jo_Lee]

Just renewed my Roadtax which will due on 8 Jul, paid ~$600++ for 1 year, rem last yr paid ~$900++.. so save ~ $300 fr the rebate.. is it correct?

yes..correct...but last year was $800+ for 1 year...juz renewed mine also...paid $355 for 1/2 year including radio licence..

[lyh1280]

yes..correct...but last year was $800+ for 1 year...juz renewed mine also...paid $355 for 1/2 year including radio licence..

OK, save ~ $200++, wondering hw much can u use for ERP.. nowadays when drive out, jus put cash card in the ERP slot, deduct v fast leh... sigh..

[Jazz]

Is this 1 time rebate or ongoing?