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 Government'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 [email protected] 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.
Excess Road Tax/Special Tax
Paid
5
There would be a number of vehicle owners who would have paid their
vehicle road tax and special tax (if applicable) before 9 June 2008
based on the current tax rates for the period commencing 1 July
2008. In such cases, the excess amount paid would be indicated on
the vehicle owner's next road tax renewal notice, and would be
automatically offset from the next road tax/special tax
payable.
6 If
the vehicle is transferred before its next road tax renewal, any
excess road tax/special tax paid will be used to offset the total
transfer fees payable. Any remaining road tax/special tax,
including any excess road tax/special tax paid, will be transferred
along with the vehicle to the new registered owner.
7 If
the vehicle is de-registered, any remaining unused portion of the
road tax/special tax and excess road tax/special tax paid will be
automatically refunded to the last registered owner of the
vehicle.
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[1]
Particulate matters
emissions from diesel cars have an adverse impact on human
health.