Pleas for lower rent-a-car registration tax

The Rent a car Association is once again asking the government to consider lowering the registration tax on self-drive cars, saying it would encourage a newer fleet, also benefiting new car importers.

Association secretary Matthew Brincat said the proposed cut to 30 per cent of the normal level – first made just after the 2013 election – would cost the government some €700,000 in lost revenue.

“Our 45 members buy around 1,000 cars every year. Of course, some of these are fleet expansion,but the majority are fleet renewal,” he explained.

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As reported on The Business Observer, Times of Malta 5th November 2015