A bit off topic, but it seems like the next logical step is to add ruc for petrol engine vehicles too. I would say that'd include removing the tax from fuel, but somehow I can't see this happening..
A bit off topic, but it seems like the next logical step is to add ruc for petrol engine vehicles too. I would say that'd include removing the tax from fuel, but somehow I can't see this happening..
I think collecting GST and tax from the multi national oil/petrol companies is probably more efficient. IE : You purchase the fuel to use you pay the tax in advance.
So many cars driving around with the registration out , let alone ones with the Rucs behind , or a speedo that is disconnected so not recording the K's travelled.
I know some of this can catch up with you at warrant time, but think the current system might be better.
A bit off topic, but it seems like the next logical step is to add ruc for petrol engine vehicles too. I would say that'd include removing the tax from fuel, but somehow I can't see this happening..
It’s only a matter of time as cars become more fuel efficient and the tax take drops. Would need a system that differentiates between Suzuki swift and SUVs…
https://www.mining.com/web/china-cob...lenge-pricing/
"Lithium and nickel also plunged along with cobalt in 2023 as supply expanded, China’s booming EV industry dialed down its breakneck pace of growth. The price slump has wreaked havoc, with new projects stalling, inventories ballooning and investor interest on the wane."
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