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5.14 I will reduce road tax by 8% for passenger cars and motorcycles. This is part of our move to shift progressively towards taxing on the basis of vehicle usage rather than ownership. Someone who owns a 2.0 litre car (e.g. a Toyota Picnic) and who currently pays $1,550 in annual road tax will get about $124 in savings. Details will be announced by the Ministry of Transport.
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