Evening Edition
Evening Edition
BFM Media
Buying A Car During The Tax Holiday?
11 minutes Posted Jun 23, 2022 at 11:00 am.
0:00
11:40
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Show notes

The Sales & Service Tax (SST) exemption currently enjoyed by passenger vehicles since June 2020, will end as planned on June 2022. This full waiver covers locally assembled cars with a 50% waiver on imported cars. The program was aimed at helping the automotive sector through the pandemic. We discuss the effectiveness of this initiative and the current state of the industry.

Image Source: PHOTOBUAY, Shutterstock

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