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Hybrid and Electric car tax relief

by | Sep 5, 2014

Energy Minister Kevin Ramnarine

Energy Minister Kevin Ramnarine

The Used Car Dealers Association may get their request to have hybrid and electric cars taxed at lower rate.

Minister of Energy Kevin Ramnarine revealed that Government has been looking at ways to make the economy less reliant on fossil fuels.

This next tax is expected to be announced in next week’s National Budget.

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He said he hopes when this tax is implement it will become more affordable and similar in price to gasoline and diesel cars.

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The Ministry of Energy and Energy Affairs currently has two hybrid vehicles in its fleet.

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