Motor Vehicles Tax
One of the fiscal measures of the 2008/2009 Budget is the proposed increase in the Motor Vehicles Tax on the importation of private motor vehicles. Item (1) of Part I of Appendix A of the Fourth Schedule of the Motor Vehicles and Road Traffic Act, Chap. 48.50 has been amended, as published in Legal Notice No. 142 of 2008. The administrative arrangements for this measure will take place from 23 September, 2008. Consequently, the new rate of motor vehicles tax as detailed in Legal Notice No. 142 of 2008 shall apply to all consignments of motor vehicles which were placed on board the first ship for export to Trinidad and Tobago from 23 September, 2008. Consignments of motor vehicles which were placed on board the first ship for export to Trinidad and Tobago prior to 23 September, 2008 shall attract the old rate of motor vehicles tax.Related Documents
Tax Exemptions on Imported Motor VehiclesLegal Supplement
