'I have adjusted vehicle taxes last year, but there is still scope to make them more progressive.' This is exactly how the bombshell news — that Singapore's ARF (additional registration fee) system would be revised yet again — was prefaced when the Minister for Finance was in the midst of delivering his speech for the nation's 2023 Budget. With the...
"I have adjusted vehicle taxes last year, but there is still scope to make them more progressive."
How does that change look like in terms of numbers? Upwards of $20,000, three incremental tiers had previously been present. As with the likewise-surprising new measures introduced in 2022, the revisions will also take almost immediate effect, impacting cars registered from the next COE bidding round on Feb 22.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Budget 2023: Our love-hate relationship with pie charts, and how MOF chose the coloursEagle-eyed observers of the Budget this year, would have noticed that the Ministry of Finance’s (MOF) analysis of government revenue and expenditure report had a makeover. Read more at straitstimes.com.
Read more »
Budget 2023: Extention of 250% tax deduction for donations until 2026 welcomed by charitiesSINGAPORE - Singapore’s decision to extend its tax deduction rate for donations for another three years until the end of 2026, one of the measures announced during the Budget unveiled on Feb 14, was welcomed by Institutions of a Public Character (IPCs) and other bodies The Sunday Times spoke to. Read more at straitstimes.com.
Read more »
Budget 2023 Recap — What You Need To Know - Singapore NewsHere is a quick recap of the seven announcements that will most likely affect you as an individual.
Read more »
What you need to know about HDB's 2023 Sale of Balance FlatsChances are, you already know a fair bit about HDB’s Build-To-Order (BTO) and resale flats. But there’s a third option available in the public housing market: Sale of Balance Flats (SBFs). In this article, we explain what these flats are and what to take note of. Sale of Balance Flats (SBF) are leftover flats from previous BTO launches, surplus Selective...
Read more »
A review of February 2023 Tengah HDB BTOThe Tengah BTO will be the biggest project in the February 2023 HDB BTO launch, with around 1,640 units up for balloting (which means getting a queue number will be easier). It's also the only project to offer five-room flats in this launch. HDB hasn't released the price range yet. For now, here's SRX's estimations based on nearby resale transactions...
Read more »
Sex on a spreadsheet: Man tracks sex activities with wife from 2018-2023In this month of celebrating love, the thought of sex always follows. Yet, while love is expressed in so many ways and acted out frequently, the same cannot be
Read more »