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Cyprus Eastern Forum Index » General » Cabinet approves bill on higher road tax to reduce emissions
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Cabinet approves bill on higher road tax to reduce emissions 
Post: #1   PostPosted: Wed Dec 05, 2018 4:11 pm Reply with quote
Steve - SJD
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Cabinet approves bill on higher road tax to reduce emissions

Cabinet on Wednesday approved a new bill that raises road tax for cars that
pollute the environment.

The new road tax system does not apply to already registered vehicles but to
new or second hand cars which will be registered after the bill is approved by
the House.

Under the current system, the Road Department charged a higher road tax for
cars with high Co2 emissions. The new system will include other polluters such
as nitrogen oxides (NOx), fine particulate matter (PM) and volatile organic compounds (VOC),

The changes concern vehicles belonging to categories M1... [
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Post: #2   PostPosted: Mon Dec 10, 2018 9:58 am Reply with quote
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I attach a document produced to examine the impact of various method to raise revenue. It is heavy reading but reveals some of the strategies employed to try to maximise the revenue stream derived from motor vehicles.

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I note the adopted penalty fee for imported used cars completely exempts diesels driven vehicles.

The registration fee for new and imported vehicles used to raise a substantial tax return. When they reduced this to 150 eu this slashed a huge cash cow.

After cc/emission related charges and hybrids came into their circulation fee structure, they skewed the market towards small engines and electric power sources......their revenue plummeted and big limos became the bad boys.

Now the EU instructions and Revenue requirements are creating anomalies which are quickly adopted by the public but it creates a headache for the budget departments.

We were offered cheap road tax in return for pollution reduction, later this collapsed the revenue stream so in common with many other countries Cyprus has been forced to bump up the lower priced brackets to make end meet.

The lesson is clear, Pollution is a red herring, the budget bottom line is the most important;vested interests will still distort the picture by ignoring diesel as a source of pollution......(For the short term.)

Fast forward to next December: all the already imported Diesel aged vehicles will be more valuable, we will be offered hundreds of newly imported Japanese mini runabouts and hybrids as well as a lot of high mileage surplus diesel lease cars from UK where they are now out of favour.

A lot of the population will hang onto their reliable old Mercs and Beemers. This will create a big gap in between the offending cars which will not be imported and the tick list qualifiers. The results will not contribute to their tax plans.

In addition their secondary revenue stream from fuel tax is going to reduce because the number of fuel efficient cars will go up.

What are we to expect, the Ministers Lawyers and Civil Servants are completely oblivious to these considerations, they only buy or are give brand new showroom cars so whats the problem!

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Cabinet approves bill on higher road tax to reduce emissions 
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