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Hong Kong funds: registration tax, licence charges for personal vehicles shoot up 15 and 30 per cent, respectively – NEWPAPER24

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Hong Kong funds: registration tax, licence charges for personal vehicles shoot up 15 and 30 per cent, respectively

2021-02-24 13:11:11

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Hong Kong’s automotive house owners and patrons will now need to shell out extra for the privilege of maintaining non-public automobiles after registration taxes and annual licence charges shot up by 15 and 30 per cent, respectively, on Wednesday.In his annual funds handle, Monetary Secretary Paul Chan Mo-po mentioned each measures would assist relieve site visitors congestion.“The variety of non-public vehicles has been on the rise. Visitors congestion has been aggravating. The primary registration tax and the car licence charge for personal

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