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Monday, 09 October 2017 12:32

Dealers Association Comments on Increased Motor Vehicle Taxes

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President of the Automobile Dealers Association Visham Babwah and Vice President of the Association Rondell Feeles speak about the changes for the importation of used vehicles announced in the 2017/2018 budget by Finance Minister Colm Imbert. Imbert announced a 25 percent increase in motor vehicle tax on cars with engines 1599cc to 1999cc on vehicles from October 20. He also announced the removal of incentives on hybrid vehicles above 1599cc.

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