Singapore Government
Singapore Budget 2002
Contact Info | Feedback | Sitemap 
  Home  |  About the Singapore Government Budget  |  Useful Links
     

 
Budget 2002
Documents for Downloading

   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  PART II: THE FY 2002 BUDGET  
 
 
 
 
 
  PART III: TAX AND FEE CHANGES  
 
 
 
 
 
 
 
  PART IV: THE ECONOMIC RESTRUCTURING PACKAGE  
 
 
 
 
 
 
 
 
  PART V:  
  ANNEXES  
 
 
 
 
 
 
 
 
 
 
 
 
     

 
 
Budget Speech 2002
   
ANNEX 1: Changes to ARF, ED and PARF for Cars and Taxis
 

Changes to Additional Registration Fee and Excise Duty Rates

 

Cars

Taxis

2001

2002

2001

2002

ARF (% OMV)

140

130

140

130

ED (% OMV)

31

20

7

10

Total up-front taxes (% OMV)

171

150

147

140

 

Changes to Road Tax Rates for Cars

Engine Capacity (cc)

Current Road Tax

New Road Tax

EC <= 600

$500

$400

600 < EC <=1,000

$500 + 0.25 (EC - 600)

$400 + 0.25 (EC - 600)

1,000 < EC <=1,600

$600 + 1.0 (EC - 1,000)

$500 + 0.75 (EC - 1000)

1,600 < EC <=3,000

$1,200 + 1.8 (EC - 1,600)

$950 + 1.5 (EC - 1,600)

EC > 3,000

$3,720 + 2.5 (EC - 3,000)

$3,050 + 2.0 (EC - 3,000)

 

Changes to Preferential Additional Registration Fee Rates

 

Age of Car/Taxi* at De-Registration

<5

5 to <6

6 to <7

7 to <8

8 to <9

9 to 10

Current Rate (% OMV)

130

120

110

100

90

80

New Rate (% ARF)

75

70

65

60

55

50

* Taxis have a mandatory life span of 7 years. Their PARF rebates are linked to those of cars.

 

 
 
   
 
 
   
     
 
Privacy Statement | Terms of Use