Vehicle Import Tax

[CK2000]

I saw the following news specially about vehicle tax. Will it happen?

Article

Edited November 2, 2009 by CK2000

[shanX]

And wouldn't it be nice if they make changes on few rules regarding vehicle imports, like the age of vehicles that could be imported. As there are Emission test and such...

[Janith Seneviratne]

  shanX said:

And wouldn't it be nice if they make changes on few rules regarding vehicle imports, like the age of vehicles that could be imported. As there are Emission test and such...

yea it will be nice if the year thing get changed

Edited November 3, 2009 by Janith Seneviratne

[xXx]

  shanX said:

And wouldn't it be nice if they make changes on few rules regarding vehicle imports, like the age of vehicles that could be imported. As there are Emission test and such...

what are you suggesting machang? reduce the 3/5 year period or increase it?

increasing the 3 year period will contradict your go green initiative and reducing the 3/5 year gap will increase the costs thus making motor cars even more unaffordable than they are at present.

P.B. is infamous for temporary, short term, short sighted fixes aka 'gundu'. taking the countries current economic context into consideration it is impossible to reduce taxes. especially on a luxury items like motor cars unless other drastic measures are taken to cut back government expenditure, which will not happen under the current regime.

quite similar to the recent interest rate stunt. how can banks lend money at 8 -12% when the base and interbank rates are in the region of 10 - 11%. yet another performance for the gallery audience.

[shanX]

  xXx said:

what are you suggesting machang? reduce the 3/5 year period or increase it?

increasing the 3 year period will contradict your go green initiative and reducing the 3/5 year gap will increase the costs thus making motor cars even more unaffordable than they are at present.

P.B. is infamous for temporary, short term, short sighted fixes aka 'gundu'. taking the countries current economic context into consideration it is impossible to reduce taxes. especially on a luxury items like motor cars unless other drastic measures are taken to cut back government expenditure, which will not happen under the current regime.

quite similar to the recent interest rate stunt. how can banks lend money at 8 -12% when the base and interbank rates are in the region of 10 - 11%. yet another performance for the gallery audience.

There are emissions tests to make cars Go green, so increasing it or disabling it, maybe with an added tax?

And yea no idea how they would reduce taxes for these kind of items and go on....

[Gummybr]

  xXx said:

what are you suggesting machang? reduce the 3/5 year period or increase it?

increasing the 3 year period will contradict your go green initiative and reducing the 3/5 year gap will increase the costs thus making motor cars even more unaffordable than they are at present.

P.B. is infamous for temporary, short term, short sighted fixes aka 'gundu'. taking the countries current economic context into consideration it is impossible to reduce taxes. especially on a luxury items like motor cars unless other drastic measures are taken to cut back government expenditure, which will not happen under the current regime.

quite similar to the recent interest rate stunt. how can banks lend money at 8 -12% when the base and interbank rates are in the region of 10 - 11%. yet another performance for the gallery audience.

Maybe a short term strategy of some sorts now that the elections are coming.

On a side note... I think that SL Gov has lost a massive amount of revenue by imposing massive duties on vehicle simply because some one making decisions has said that by increasing taxes on motor vehicle imports they can increase the revenue. The opposite has happened with imports going down and gov earning lesser revenue.

[xXx]

  Gummybr said:

Maybe a short term strategy of some sorts now that the elections are coming.

On a side note... I think that SL Gov has lost a massive amount of revenue by imposing massive duties on vehicle simply because some one making decisions has said that by increasing taxes on motor vehicle imports they can increase the revenue. The opposite has happened with imports going down and gov earning lesser revenue.

you are spot on mahcang. this is nothing but an election gundu. it's to carry out thing of this nature that MR wanted PB in the tresury so badly.

yup you are correct about loss of revenue. buying an unreg let it be brandnew or recon has been a thing in the past. just take a look at advice we give out in this forum when asked what to buy. not that folks here discourage buying unreg its just there's nothing available for a decent budget. came across a newspaper article couple of weeks ago and the figures of number of units imported were shocking

[Gummybr]

  xXx said:

you are spot on mahcang. this is nothing but an election gundu. it's to carry out thing of this nature that MR wanted PB in the tresury so badly.

yup you are correct about loss of revenue. buying an unreg let it be brandnew or recon has been a thing in the past. just take a look at advice we give out in this forum when asked what to buy. not that folks here discourage buying unreg its just there's nothing available for a decent budget. came across a newspaper article couple of weeks ago and the figures of number of units imported were shocking

So true, but if this happens then its good for the motoring community. Lets keep our fingers crossed and pray that it wont be a short term strategy.