Saturday 17 April 2021
Home      All news      Contact us      RSS     
scmp - 2 month ago

Hong Kong budget: registration tax, licence fees for private cars shoot up 15 and 30 per cent, respectively

Hong Kong’s car owners and buyers will now have to shell out more for the privilege of keeping private vehicles after registration taxes and annual licence fees shot up by 15 and 30 per cent, respectively, on Wednesday.In his annual budget address, Financial Secretary Paul Chan Mo-po said both measures would help relieve traffic congestion.“The number of private cars has been on the rise. Traffic congestion has been aggravating. The first registration tax and the vehicle licence fee for private…


Latest News
Hashtags:   

budget

 | 

registration

 | 

licence

 | 

private

 | 

shoot

 | 

respectively

 | 

Sources