GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
主页 新闻 所有资讯 Budget 2022: SST Holiday To June 30th, EVs Get Waived Duties + Road Tax! Budget 2022: SST Holiday To June 30th, EVs Get Waived Duties + Road Tax! 所有资讯 Jim Kem | October 29日, 2021 07:31 PM Budget 2022 was tabled in the Dewan Rakyat today with Finance Minister Tengku Zafrul Abdul Aziz presenting the breakdown key points of next year’s allocation. Prior to this evening’s tabling, Prime Minister Datuk Seri Ismail Sabri Yaakob prefaced the event by saying that the main goal for 2022 was to bolster the country’s economic and societal recovery after roughly two years of a roller-coaster COVID-19 pandemic. Budget 2022 was also revealed to be the largest ever for Malaysia at RM332.1 billion, surpassing last year’s allocation of RM322.54 billion. When it comes to automotive-related announcements, there were several big-hitter points worth covering. First of all, and as was expected, the SST discount/exemption period for new vehicles has now been extended yet again for a further 6 months from December 31st, 2021 to June 30th, 2022. The terms of this remain the same as before, namely with locally-assembled (CKD) passenger vehicles enjoying a 100% sales tax exemption while fully imported (CBU) passenger vehicles enjoy a 50% sales tax discount. Of course, this was decided upon to further spur the rebound of the automotive industry in Malaysia, which has continued to see steady positive results since this has taken effect. The other major announcement here is possibly even more earth-shaking as electric vehicles (EVs) will be exempt from paying any road tax whatsoever. This is a particularly huge win for the accelerated adoption of zero-emissions vehicles which, thanks to a confusing calculation scheme, previously were saddled with paying much higher annual road tax compared to equivalent cars powered by internal combustion. We are assuming this new policy is retroactive to all current electric vehicle owners and is not limited to new purchases in 2022. Not only are EVs from next year exempted from paying road tax, but those sold beyond 2021 will be exempt from excise duties and import duties! We’ll need more time to crunch the numbers and estimate how much of an impact (how much cheaper) this will have on EV prices compared to what they are at the moment. However, these few changes are now a serious incentive for EV ownership and will surely affect the demand by manufacturers of new zero-emissions vehicles to populate local showrooms. We can’t wait! ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Budget 2022 Finance Minister Finance Ministry Malaysia Dewan Rakyat EV Exicse Duty Import Duty Road Tax SST 打印 Jim Kem Content Producer There's just something about cars. It's a conveyance, it's a liability, it's a tool; but it can also be a source of joy, pride, inspiration and passion. It's much like clothes versus fashion. And like the latter, the pursuit of perfection never ends. 相关文章 EV Road Tax Exemptions Finally Happening - Exemptions Until 2025 所有资讯 Ferdinand | February 14日, 2022 After several hiccups, Transport Minister, Datuk Seri Ir. Dr. Wee Ka Siong has today confirmed that all motor or electric vehicles will be road tax ... Now "Not The Right Time" For Targeted Fuel Subsidies - Tengku Zafrul 所有资讯 Jim Kem | February 23日, 2023 For most of 2022 we’ve heard that blanket fuel subsidies will soon be a thing of the past, but so far have not seen many outward facing steps to ... EV Registrations Stall, JPJ Struggles To Apply 100% Road Tax Exemption 所有资讯 Jim Kem | January 31日, 2022 It might have been too much to expect good coordination and follow-through from our government, but at least the efforts promised by last year’s ... NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 2022 No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their ... 留言
Budget 2022: SST Holiday To June 30th, EVs Get Waived Duties + Road Tax! 所有资讯 Jim Kem | October 29日, 2021 07:31 PM Budget 2022 was tabled in the Dewan Rakyat today with Finance Minister Tengku Zafrul Abdul Aziz presenting the breakdown key points of next year’s allocation. Prior to this evening’s tabling, Prime Minister Datuk Seri Ismail Sabri Yaakob prefaced the event by saying that the main goal for 2022 was to bolster the country’s economic and societal recovery after roughly two years of a roller-coaster COVID-19 pandemic. Budget 2022 was also revealed to be the largest ever for Malaysia at RM332.1 billion, surpassing last year’s allocation of RM322.54 billion. When it comes to automotive-related announcements, there were several big-hitter points worth covering. First of all, and as was expected, the SST discount/exemption period for new vehicles has now been extended yet again for a further 6 months from December 31st, 2021 to June 30th, 2022. The terms of this remain the same as before, namely with locally-assembled (CKD) passenger vehicles enjoying a 100% sales tax exemption while fully imported (CBU) passenger vehicles enjoy a 50% sales tax discount. Of course, this was decided upon to further spur the rebound of the automotive industry in Malaysia, which has continued to see steady positive results since this has taken effect. The other major announcement here is possibly even more earth-shaking as electric vehicles (EVs) will be exempt from paying any road tax whatsoever. This is a particularly huge win for the accelerated adoption of zero-emissions vehicles which, thanks to a confusing calculation scheme, previously were saddled with paying much higher annual road tax compared to equivalent cars powered by internal combustion. We are assuming this new policy is retroactive to all current electric vehicle owners and is not limited to new purchases in 2022. Not only are EVs from next year exempted from paying road tax, but those sold beyond 2021 will be exempt from excise duties and import duties! We’ll need more time to crunch the numbers and estimate how much of an impact (how much cheaper) this will have on EV prices compared to what they are at the moment. However, these few changes are now a serious incentive for EV ownership and will surely affect the demand by manufacturers of new zero-emissions vehicles to populate local showrooms. We can’t wait! ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Budget 2022 Finance Minister Finance Ministry Malaysia Dewan Rakyat EV Exicse Duty Import Duty Road Tax SST
EV Road Tax Exemptions Finally Happening - Exemptions Until 2025 所有资讯 Ferdinand | February 14日, 2022 After several hiccups, Transport Minister, Datuk Seri Ir. Dr. Wee Ka Siong has today confirmed that all motor or electric vehicles will be road tax ...
Now "Not The Right Time" For Targeted Fuel Subsidies - Tengku Zafrul 所有资讯 Jim Kem | February 23日, 2023 For most of 2022 we’ve heard that blanket fuel subsidies will soon be a thing of the past, but so far have not seen many outward facing steps to ...
EV Registrations Stall, JPJ Struggles To Apply 100% Road Tax Exemption 所有资讯 Jim Kem | January 31日, 2022 It might have been too much to expect good coordination and follow-through from our government, but at least the efforts promised by last year’s ...
NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 2022 No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their ...