Fees to Licence Motor Vehicles Increased
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.
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