Reduction of registration tax for Quadbikes – 18th November

The Registration Tax payable for Quad Bikes and ATV\’s was reduced by approximately 50% as from the 18th November 2014.

 \"Quad-Bike\"

The old registration tax was calculated using this formula:

cubic capacity (cc) multiplied by the Registration Value (RV) multiplied by 0.18%
cc x RV x 0.18% 

this formula was reduced as follows 

Engine capacity
Rates until the 17th November 2014
New Rates applicable as of the 18th November 2014
Not exceeding 250cc cc x RV x 0.18% cc x RV x 0.085%
Exceeding 250cc but not exceeding 500cc cc x RV x 0.18% cc x RV x 0.090%
Exceeding 500cc but not exceeding 800cc cc x RV x 0.18% cc x RV x 0.095%
Exceeding 800cc cc x RV x 0.18% cc x RV x 0.10%