As of March 13 motor vehicle licence and related fees will increase by 20 per cent to help close a $30 billion gap in the $715 billion budget.

Specifically, motor vehicle and driver’s licence-related fees for taxis move from J$7,700 to J$9,240, while cars with a cc rating not exceeding 1199 will also pay $9,240, up from $7,700.

Those who own motor cars with a cc rating exceeding 1199, but not exceeding 2999cc, will now pay J$12,600 to licence their vehicles, up from J$10,500.

General driver’s licence fee will increase by $1,200 to $7,200.

An increase in the special consumption tax on petrol takes effect Wednesday.

Motorists who use unleaded gasoline, both 90 and 87 grades, will pay J$5.67 more per litre, and purchasing automotive diesel will have to spend an additional J$6.70 per litre.

Finance Minister Audley Shaw last week announced $13.5 billion in new taxes to help close a $30 billion gap in the $715 billion budget. 

via www.nbcchicago.com

Via Loop Jamaica

Download The Jamaican Blogs™ App for your Android device: HERE


Remember to share this article on Facebook and other Social Media Platforms. To submit your own articles or to advertise with us please send us an EMAIL at: [email protected]

http://jablogz.com/wp-content/uploads/2015/12/bad-gas-Jamaica.jpghttp://jablogz.com/wp-content/uploads/2015/12/bad-gas-Jamaica-150x150.jpgJA-Blogz News TeamNews/Sports
As of March 13 motor vehicle licence and related fees will increase by 20 per cent to help close a $30 billion gap in the $715 billion budget.Specifically, motor vehicle and driver's licence-related fees for taxis move from J$7,700 to J$9,240, while cars with a cc rating not exceeding...

Opinions shared in posts are solely those of their respective authors and views shared in comments do not necessarily mirror those of The Jamaican Blogs.