EV road tax: new structure needs more time to be refined, will not be announced end of this year – LokeMore time is needed to refine the draft for the electric vehicle road tax structure due to a number of elements in the draft which still need refining, transport minister Anthony Loke has said.
The exemption took effect from January 1, 2022, and will be in place until December 31, 2025 for fully imported vehicles, and until December 31, 2027 for locally assembled EVs., which was to be revealed by the end of this year. Now, the completed draft will first be presented to the national EV task force committee, however Loke wants to further improve the draft structure to bring the best rates for EV buyers, he said.
EV already have a special kind of tyre made for them to accommodate the extra weight, it’s only reasonable to tax them higher for their extra weight.I wish lhdn will do the same for personal income tax too then everyone will keep to a healthy lifestyle and less stress on public healthcare