Diesel taxes will be restructured

• Pandanchen

  20 Feb 17, 17:09

  Budget 2017

  disel tax goes up 

  10 cents per litre 

• peterpan212

  20 Feb 17, 19:17

  Currently, diesel cars and taxis are levied a lump sum Special Tax, regardless of the amount of diesel used. "At the same time, I will permanently reduce the annual Special Tax on diesel cars and taxis by $100 and $850 respectively. In this way, we shift from an annual amount of tax to one which is related to usage." For most drivers, the Special Tax reduction will offset the impact of the new diesel duty. "To help businesses adjust, I will provide 100 per cent road tax rebate for one year, and partial road tax rebate for another two years, for commercial diesel vehicles," said Mr Heng.
• peterpan212

  20 Feb 17, 19:20

  Originally posted by Pandanchen:

  Budget 2017

  disel tax goes up 

  10 cents per litre 

  
  When say something. Give full picture. Who going to pocket the rebate? I heard cdg already give sonata about $7 reduction in taxi rental per day. Hirer miam miam just keep it.
• Jasonlkl

  20 Feb 17, 20:54

  Td need to pay road tax?

• peterpan212

  20 Feb 17, 22:31

  Originally posted by Jasonlkl:

  Td need to pay road tax?

  
  Can you use your brain? Is Td owes the taxi? If yes, then yes. If no, then no. Since td pay rental, then the taxi owner collected the rental to pay road tax. The money to pay road tax still come from td. So in the end, isnt td pay the road tax? Now there is special n road tax rebate due to diesel tax. If td still pay same rental. But taxi company save road tax n special tax. Where is this saving go to? If you want to know how much saving check for yourself. https://www.lta.gov.sg/content/ltaweb/en/roads-and-motoring/owning-a-vehicle/costs-of-owning-a-vehicle/tax-structure-for-taxis.html If you want to know phv cost compare to taxi. You can also do the comparison.
• Jasonlkl

  21 Feb 17, 07:15

  Originally posted by peterpan212:

  
  Can you use your brain? Is Td owes the taxi? If yes, then yes. If no, then no. Since td pay rental, then the taxi owner collected the rental to pay road tax. The money to pay road tax still come from td. So in the end, isnt td pay the road tax? Now there is special n road tax rebate due to diesel tax. If td still pay same rental. But taxi company save road tax n special tax. Where is this saving go to? If you want to know how much saving check for yourself. https://www.lta.gov.sg/content/ltaweb/en/roads-and-motoring/owning-a-vehicle/costs-of-owning-a-vehicle/tax-structure-for-taxis.html If you want to know phv cost compare to taxi. You can also do the comparison.

  Oic. Thanks alot for your info!

• Reliefdriver4u

  21 Feb 17, 11:53

  'restructured' is a bombastic word , no need to use ao nice phrasing, just tell the public , diesel will cost more can leow , haha

• Jasonlkl

  21 Feb 17, 12:41

  Originally posted by Reliefdriver4u:

  'restructured' is a bombastic word , no need to use ao nice phrasing, just tell the public , diesel will cost more can leow , haha

  If diesel price drop, they will use simple English .

• Pandanchen

  22 Feb 17, 00:01

  21 Feb 2017 @ 9.30am

   

  premier increase disel by 10 cents 

  from now is 80 cents per litre

• peterpan212

  22 Feb 17, 11:59

  Originally posted by Pandanchen:

  21 Feb 2017 @ 9.30am

   

  premier increase disel by 10 cents 

  from now is 80 cents per litre

  
  Did they give back u the special tax reduction?
• Pandanchen

  23 Feb 17, 03:12

  Originally posted by peterpan212:

  
  Did they give back u the special tax reduction?

  must wait long long

• bowah

  27 Feb 17, 14:28

  Yes, some taxi companies, like TC and premier, I think they have reduce daily rental by $2++. But it could be a temporary measure to defray cost.