It was said in the report “Creating new COE category for smaller vans ‘not a good idea’” (Jan 21) that measures are in place to help small businesses, such as lower vehicle taxes for commercial vehicles.
Ironically, owners who cannot afford a new van because of the high Certificate of Entitlement prices must bear road tax increases after they renew their COE. The vehicle is also subject to half-yearly inspections instead of the usual yearly one, which incurs extra cost and hits smaller businesses with downtime when they need to utilise their vehicle daily.
Does a commercial vehicle start using the roads more after 10 years, hence the need for the rising road tax? Are vehicles breaking down after 10 years, even with the prior yearly inspections? With the high COE prices for commercial vehicles, those who renew their COE should at least not be penalised.
Ironically, owners who cannot afford a new van because of the high Certificate of Entitlement prices must bear road tax increases after they renew their COE. The vehicle is also subject to half-yearly inspections instead of the usual yearly one, which incurs extra cost and hits smaller businesses with downtime when they need to utilise their vehicle daily.
Does a commercial vehicle start using the roads more after 10 years, hence the need for the rising road tax? Are vehicles breaking down after 10 years, even with the prior yearly inspections? With the high COE prices for commercial vehicles, those who renew their COE should at least not be penalised.