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Certificate of Entitlement

  • Introduction of three-tiered system for the Additional Registration Fee (ARF)

  • New motorcycles will be required to pay higher taxes

Heng Swee Keat, Finance Minister of Singapore

According to Singapore Finance Minister Heng Swee Keat, the Additional Registration Fee (ARF) will see two added tiers for more expensive motorcycles. Swee Keat mentioned these new tiers just moments ago during his Budget 2017 speech at the Parliament. In reference to an article written by the Straits Times, all motorcycles purchased in Singapore are currently charged with only 15% tax (ARF) of their price or Open Market Value (OMV). (more…)

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