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Old 5th June 2008, 05:19 PM   #1 (permalink)
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15% cut in road tax from July

15% cut in road tax from July

ROAD tax for vehicles and special tax for Euro-IV diesel cars are set to go down from July 1, said the Land Transport Authority on Thursday.

Owners of cars, motorcycles, taxis and commercial vehicles will pay 15 per cent lesser in road tax.

Those with Euro-IV diesel cars will also have their annual special tax revised.

Instead of paying the current four times of their road tax, they will pay $1.25 per cubic centimetre of their vehicle's engine capacity, subject to a minimum annual payment of $1,250.

The LTA said the revised rates will be indicated in road tax renewal notices and Giro payment schedules from June 9.

http://www.straitstimes.com/Latest%2...ry_244693.html

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Old 6th June 2008, 10:07 AM   #2 (permalink)
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Re: 15% cut in road tax from July

A relief for me.

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Old 6th June 2008, 10:51 AM   #3 (permalink)
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Re: 15% cut in road tax from July

That gd news for mine family =D

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Old 6th June 2008, 11:17 AM   #4 (permalink)
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Re: 15% cut in road tax from July

Good news for me too

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Old 6th June 2008, 12:30 PM   #5 (permalink)
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Re: 15% cut in road tax from July

And my road tax expires in mid July. Yay savings!

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Old 6th June 2008, 12:45 PM   #6 (permalink)
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Re: 15% cut in road tax from July

GOOD NEWS!!! ahahahaa... but to car owners like me who's having an OPC, no diff lah.... LOL!~ but this will be a good reason to switch to a normal plate in time to come... hehehe....

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Old 6th June 2008, 01:58 PM   #7 (permalink)
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Re: 15% cut in road tax from July

Damn, i just paid my road tax, then how?

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Old 6th June 2008, 03:02 PM   #8 (permalink)
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LTA to cut road tax by 15% for most vehicles from July 1

Source: Channelnewsasia

SINGAPORE:

The Land Transport Authority (LTA) will reduce road tax for most vehicles from 1 July. In a statement, the LTA said road tax for cars, motorcycles, taxis and commercial vehicles will fall by 15 per cent.

Electric and hybrid cars will also see a 15 per cent decline in road tax rates.

And it's also good news for Euro-IV diesel car owners. In February this year, LTA said the special tax for Euro-IV cars will be revised downwards. From July onwards, LTA will be reducing the special tax for Euro-IV engines, which is paid on top of the normal road tax for these vehicles.

Currently, the special tax is priced at four times the normal tax of a similar capacity petrol car.

The new rates will be lower. For example, the 6-months special tax for a 1.6 litre Euro-IV diesel car will be cut from the current S$1,488 to S$1,000. Ownvers will also have a reduced normal tax rate to pay for these vehicles, from the existing S$437 to S$372.

LTA said the revision is due to a reduction in carbon emissions by the diesel cars.

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Old 6th June 2008, 06:44 PM   #9 (permalink)
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Re: 15% cut in road tax from July

Originally Posted by wildswans View Post
Damn, i just paid my road tax, then how?
Hopefully the LTA will give you a rebate. Keep your fingers crossed, and see how it goes.

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Old 8th June 2008, 03:06 PM   #10 (permalink)
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Re: 15% cut in road tax from July

Originally Posted by TotalNV View Post
GOOD NEWS!!! ahahahaa... but to car owners like me who's having an OPC, no diff lah.... LOL!~ but this will be a good reason to switch to a normal plate in time to come... hehehe....
I read that next time LTA will scrap all OPC soon.

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Old 8th June 2008, 03:27 PM   #11 (permalink)
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Re: 15% cut in road tax from July

Originally Posted by - Glen - View Post
I read that next time LTA will scrap all OPC soon.
Were did you read that? Do you have an online link?

Also, does the OP have a link to the 15% cut in road tax article?

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Old 10th June 2008, 01:37 PM   #12 (permalink)
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Re: 15% cut in road tax from July

Originally Posted by Apocalyptic View Post
Hopefully the LTA will give you a rebate. Keep your fingers crossed, and see how it goes.
I checked, they will deduct the difference from the next payment.

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Old 10th June 2008, 05:39 PM   #13 (permalink)
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Re: 15% cut in road tax from July

Originally Posted by wildswans View Post
I checked, they will deduct the difference from the next payment.
Congrats to you then! /cheer

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Old 12th June 2008, 12:42 AM   #14 (permalink)
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Re: 15% cut in road tax from July

Guess its the same for all lah.

They cannot penalise you for paying early mah

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Old 25th June 2008, 11:05 AM   #15 (permalink)
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Re: 15% cut in road tax from July

Road tax down, more ERP gantries and ERP rates up.

So, still the same.

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Old 25th June 2008, 01:50 PM   #16 (permalink)
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Re: 15% cut in road tax from July

They now want to charge according to usage

Wonder if they will get rid of COE

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Old 25th June 2008, 01:56 PM   #17 (permalink)
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Re: 15% cut in road tax from July

Then it will be bad news for taxi drivers and deliverymen as their usage on the road is higher than most of us.

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Old 25th June 2008, 01:57 PM   #18 (permalink)
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Re: 15% cut in road tax from July

Then the cost will be passed on the the users again

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Old 26th June 2008, 11:22 PM   #19 (permalink)
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Re: 15% cut in road tax from July

wa, nice..

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Old 26th June 2008, 11:49 PM   #20 (permalink)
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Re: 15% cut in road tax from July

No money how to live? Life is getting harder

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