Singapore Budget: ciggies to cost more

[Oilman]

*singapore to raise tobacco tax by 25%

 

[C3P0]

Re: Singapore Budget: ciggies to cost more

Garmen HUAT AH!!

 

[Oilman]

Re: Singapore Budget: ciggies to cost more

*singapore to raise registration rates for more expensive cars
*singapore to introduce tiered rates for car registration fees

 

[Mockngbrd]

Re: Singapore Budget: ciggies to cost more

Up to 20k OMV - 100% ARF
20-50k OMV - 140% ARF
>50k OMV - 180% ARF

HUAT AH!!!!!!!!!!!!!

 

[MapleLeaf]

Re: Singapore Budget: ciggies to cost more

wow. So our LaMWyer's F10 is now worth $300K?

Huat ahhhh

 

[jawzsg]

Re: Singapore Budget: ciggies to cost more

their modus operandi is like that.... their only way of solving problem is to put price tags all over it. .... high paid gahman refined strategy mah...

 

[totoseow]

Re: Singapore Budget: ciggies to cost more

to shose who osmoke. pls smoke all the way including ur filters. after that eat the rest. wu hua.

 

[lim_ck]

Re: Singapore Budget: ciggies to cost more

Up to 20k OMV - 100% ARF
20-50k OMV - 140% ARF
>50k OMV - 180% ARF

HUAT AH!!!!!!!!!!!!!

should be

Up to 20k OMV - ARF = 100% OMV
20-50k OMV - ARF = 140% OMV
>50k OMV - ARF = 180% OMV

 

[wt_know]

Re: Singapore Budget: ciggies to cost more

huat ah !!! will coe drop back to $30K ... DV ask one

 

[Mockngbrd]

Re: Singapore Budget: ciggies to cost more

bmw 3-series, >$40K OMV ... ARF = $56K, additional $16k tax
bmw 5-series, >$50K OMV ... ARF = $90K, additional $40K tax

huat ah !!! will coe drop back to $30K ... DV ask one

No la, everyone will cheong out buy den COE huat again...

 

[C3P0]

Re: Singapore Budget: ciggies to cost more

So, who benefits other than the garmen? Sorry noob question.

 

[Oilman]

Re: Singapore Budget: ciggies to cost more

Ok let's see... on the surface, it's like robbing the rich to help the poor.

But more people will shun high-end cars as a result, which means more people will buy low-end cars, which means the COE for low-end will jump. Then gahmen will say:

* High-end car prices rise because of our policy - thank us!
* Low-end car prices rise because of market forces - not our fault!

 

[Darth Vader]

Re: Singapore Budget: ciggies to cost more

rob peter to pay paul....
huat ling kun ah.....

huat ah !!! will coe drop back to $30K ... DV ask one

 

[brosiss]

Re: Singapore Budget: ciggies to cost more

This garhmen so creative, one moment gives CEVS rebates, then moment increase ARF...

Really hats off...

This one I must learn from gov, add more variable components to equation.

 

[brosiss]

Re: Singapore Budget: ciggies to cost more

Total Basic Cost = OMV +Custom duty + GST + ARF + Registration fee + COE + CEVS surcharge.

Where:
Custom duty = 20% x OMV
GST = 7% x (OMV + Custom duty)
ARF = (100% x OMV) - CEVS rebate
Registration fee = $140

 

[C3P0]

Re: Singapore Budget: ciggies to cost more

should be

Up to 20k OMV - ARF = 100% OMV
20-50k OMV - ARF = 140% OMV
>50k OMV - ARF = 180% OMV

Total Basic Cost = OMV +Custom duty + GST + ARF + Registration fee + COE + CEVS surcharge.

Where:
Custom duty = 20% x OMV
GST = 7% x (OMV + Custom duty)
ARF = (100% x OMV) - CEVS rebate
Registration fee = $140

So it means if I buy a car with OMV that exceeds $50k, the formula will be:

Total Basic Cost = OMV +Custom duty + GST + ARF + Registration fee + COE + CEVS surcharge.

Where:
Custom duty = 20% x OMV
GST = 7% x (OMV + Custom duty)
ARF = (180% x OMV) - CEVS rebate
Registration fee = $140

 

[jaskin]

Re: Singapore Budget: ciggies to cost more

New Tax scheme effective on first march COE bidding

 

[nicknick]

Re: Singapore Budget: ciggies to cost more

Up to 20k OMV - 100% ARF
20-50k OMV - 140% ARF
>50k OMV - 180% ARF

HUAT AH!!!!!!!!!!!!!

So wat the parf value be at when scrap?

 

[Mockngbrd]

Re: Singapore Budget: ciggies to cost more

50% lo ...

 

[chongster]

Re: Singapore Budget: ciggies to cost more

So wat the parf value be at when scrap?

still 50% of APF paid