Motoring Matters - Vehicle Ownership

		Company Cars
		Rental Cars
		Tuition Cars

Registration Fee (RF)	$140
Additional Registration Fee (ARF)	110% of OMV¹130% of OMV²
Certificate of Entitlement (COE)	Bid in Categories A, B or E
Excise Duty	20% of OMV
Life Span	No Statutory Life Span

¹ For cars registered with COEs obtained from March 2004 tender exercise and onwards.
² For cars registered with COEs obtained before March 2004 tender exercise.

Age of Vehicle at De-registration	Graduated PARF Rebate (For cars registered with COEs obtained before May 2002 tender exercise)	PARF Rebate (For cars registered with COE obtained from May 2002 tender exercise and onwards)
Not exceeding 5 years	130% of OMV	75% of ARF paid
Above 5 years but not exceeding 6 years	120% of OMV	70% of ARF paid
Above 6 years but not exceeding 7 years	110% of OMV	65% of ARF paid
Above 7 years but not exceeding 8 years	100% of OMV	60% of ARF paid
Above 8 years but not exceeding 9 years	90% of OMV	55% of ARF paid
Above 9 years but not exceeding 10 years	80% of OMV	50% of ARF paid

Company cars that are registered with COEs before Mar 1998 will not be eligible for PARF Benefits.

Determine your car's engine capacity.
Use the formula to calculate your road tax.

Engine Capacity (EC)	Road Tax Formula* (per 6-month)	Road Tax Formula** (per 6-month)
EC £ 600 cc	$200	$200 x 0.92
600 cc < EC £ 1,000 cc	$200 + 0.125 x (EC - 600)	[$200 + 0.125 x (EC - 600)] x 0.92
1,000 cc < EC< £ 1,600 cc	$250 + 0.375 x (EC – 1,000)	[$250 + 0.375 x (EC – 1,000)] x 0.92
1,600 cc < EC £ 3,000 cc	$475 + 0.75 x (EC – 1,600)	[$475 + 0.75 x (EC – 1,600)] x 0.92
EC > 3,000 cc	$1,525 + 1.0 x (EC – 3,000)	[$1,525 + 1.0 x (EC – 3,000)] x 0.92

* Effective from 1 September 2002.

** Effective from 1 September 2007.

Road Tax of company cars that are registered with COEs before Mar 1998 will pay twice the road tax rate.

Example 1:

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= $250 + 0.375 x (1600 - 1000)
	= $250 + 0.375 x (600)
	= $250 + 225
	= $475

Therefore the road tax is $475 (for 6-month) or $950 (for 12 months)

Example 2 (from 1 September 2007 onwards):

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= [$250 + 0.375 x (1600 - 1000)] x 0.92
	= [$250 + 0.375 x (600)] x 0.92
	= [$250 + 225] x 0.92
	= $475 x 0.92

Therefore the road tax is $437 (for 6-month) or $874 (for 12 months)

Age of Vehicle	Annual Road Tax Surcharge
More than 10 years	10%
More than 11 years	20%
More than 12 years	30%
More than 13 years	40%
More than 14 years	50%

Registration Fee (RF)	$140
Additional Registration Fee (ARF)	110% of OMV¹130% of OMV²
Certificate of Entitlement (COE)	Bid in Categories A, B or E
Excise Duty	20% of OMV
Life Span	No statutory lifespan

¹ For cars registered with COEs obtained from March 2004 tender exercise and onwards.
² For cars registered with COEs obtained before March 2004 tender exercise.

Age of Vehicle at De-registration	Graduated PARF Rebate (For cars registered with COEs obtained before May 2002 tender exercise )	PARF Rebate (For cars registered with COE obtained from May 2002 tender exercise and onwards)
Not exceeding 5 years	130% of OMV	75% of ARF paid
Above 5 years but not exceeding 6 years	120% of OMV	70% of ARF paid
Above 6 years but not exceeding 7 years	110% of OMV	65% of ARF paid
Above 7 years but not exceeding 8 years	100% of OMV	60% of ARF paid
Above 8 years but not exceeding 9 years	90% of OMV	55% of ARF paid
Above 9 years but not exceeding 10 years	80% of OMV	50% of ARF paid

Determine your car's engine capacity.
Use the formula to calculate your road tax.

Engine Capacity (EC)	Road Tax Formula* (per 6-month)	Road Tax Formula** (per 6-month)
EC £ 600 cc	$200	$200 x 0.92
600 cc < EC £ 1,000 cc	$200 + 0.125 x (EC - 600)	[$200 + 0.125 x (EC - 600)] x 0.92
1,000 cc < EC< £ 1,600 cc	$250 + 0.375 x (EC – 1,000)	[$250 + 0.375 x (EC – 1,000)] x 0.92
1,600 cc < EC £ 3,000 cc	$475 + 0.75 x (EC – 1,600)	[$475 + 0.75 x (EC – 1,600)] x 0.92
EC > 3,000 cc	$1,525 + 1.0 x (EC – 3,000)	[$1,525 + 1.0 x (EC – 3,000)] x 0.92

* Effective from 1 September 2002.

** Effective from 1 September 2007.

Example 1:

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= $250 + 0.375 x (1600 - 1000)
	= $250 + 0.375 x (600)
	= $250 + 225
	= $475

Therefore the road tax is $475 (for 6-month) or $950 (for 12 months)

Example 2 (from 1 September 2007 onwards):

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= [$250 + 0.375 x (1600 - 1000)] x 0.92
	= [$250 + 0.375 x (600)] x 0.92
	= [$250 + 225] x 0.92
	= $475 x 0.92

Therefore the road tax is $437 (for 6-month) or $874 (for 12 months)

Registration Fee (RF)	$140
Additional Registration Fee (ARF)	110% of OMV¹130% of OMV²
Certificate of Entitlement (COE)	Bid in Categories A, B or E
Excise Duty	20% of OMV
Life Span	10 Years*

¹ For cars registered with COEs obtained from March 2004 tender exercise and onwards.
² For cars registered with COEs obtained before March 2004 tender exercise.
*For tuition cars registered with COEs obtained from March 1998 tender.

Age of Vehicle at De-registration	Graduated PARF Rebate (For cars registered with COEs obtained before May 2002 tender exercise )	PARF Rebate (For cars registered with COE obtained from May 2002 tender exercise and onwards)
Not exceeding 5 years	130% of OMV	75% of ARF paid
Above 5 years but not exceeding 6 years	120% of OMV	70% of ARF paid
Above 6 years but not exceeding 7 years	110% of OMV	65% of ARF paid
Above 7 years but not exceeding 8 years	100% of OMV	60% of ARF paid
Above 8 years but not exceeding 9 years	90% of OMV	55% of ARF paid
Above 9 years but not exceeding 10 years	80% of OMV	50% of ARF paid

Determine your car's engine capacity.
Use the formula to calculate your road tax.

Engine Capacity (EC)	Road Tax Formula* (per 6-month)	Road Tax Formula** (per 6-month)
EC £ 600 cc	$200	$200 x 0.92
600 cc < EC £ 1,000 cc	$200 + 0.125 x (EC - 600)	$200 + 0.125 x (EC - 600) x 0.92
1,000 cc < EC< £ 1,600 cc	$250 + 0.375 x (EC – 1,000)	[$250 + 0.375 x (EC – 1,000)] x 0.92
1,600 cc < EC £ 3,000 cc	$475 + 0.75 x (EC – 1,600)	[$475 + 0.75 x (EC – 1,600)] x 0.92
EC > 3,000 cc	$1,525 + 1.0 x (EC – 3,000)	[$1,525 + 1.0 x (EC – 3,000)] x 0.92

* Effective from 1 September 2002.

** Effective from 1 September 2007.

Example 1:

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= $250 + 0.375 x (1600 - 1000)
	= $250 + 0.375 x (600)
	= $250 + 225
	= $475

Therefore the road tax is $475 (for 6-month) or $950 (for 12 months)

Example 2 (from 1 September 2007 onwards):

If your car's engine capacity is 1600 cc (ie EC = 1600), the road tax will be as follows:

Road Tax	= [$250 + 0.375 x (1600 - 1000)] x 0.92
	= [$250 + 0.375 x (600)] x 0.92
	= [$250 + 225] x 0.92
	= $475 x 0.92

Therefore the road tax is $437 (for 6-month) or $874 (for 12 months)

Last Updated on 12/09/2007