Saturday, December 30, 2006

Cheaper Road Tax For All Vehicles From Jan 1st

Deputy Prime Minister Datuk Seri Najib Tun Razak today announced the reduction of road tax for all types of vehicles across the board effective Jan 1.

The reduction of between RM5 and RM 1,059 will be based on engine capacity of each vehicle except those used for commercial transport which will be based on their weight.

The reduction will cost the Government about RM250mil annually.

Najib also announced the streamlining of duty-excise for vehicles effective Jan 1, which aims to make the prices of vehicles more competitive.

***** While we are thankful to the government for this nice new year gesture there will be much more relief for motorists if the authorities could lean on the greedy insurance companies to reduce the cut-throat car insurance premiums we have to cough up every year. Now that will be something that everyone would be really grateful for.
Image - LeoL30



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