Friday, July 27, 2012

Vehicle Owners to Receive Relief with Payment of Vehicle Tax.

Philipsburg:--- Minister of Finance Roland Tuitt announced on Wednesday during the Council of Ministers' press briefing that his Ministry has been working on simplifying the payment of the annual number plate taxes. Tuitt said residents and vehicle owners on St. Maarten will soon be able to pay their vehicle taxes via internet banking or at other banking institutions as early as 2013. The Finance Minister said that vehicle owners will receive a bill and they can also choose to pay it at the Receiver's Office. Tuitt further explained that the measure is part of upgrading the tax system of St. Maarten, while providing better services to the community of St. Maarten.

Vehicle owners will no longer have to purchase a new number plate annually neither would they have to purchase the sticker to show that they have paid their vehicle taxes. "The number plates that are on your vehicles will be the only number plate for that vehicle. If someone sells their vehicle, the number plate also goes with that vehicle."

"Paying taxes is not normally embraced, therefore, greater effort should be made to make the experience of taxpayers as painless and efficient as possible. The way the motor vehicle tax is levied and collected is not customer-friendly and certainly does not encourage compliance. Every year, car owners are lining up at the Receiver's Office to pay the tax and to collect their new number plates. This system is highly ineffective, time-consuming, environmental unfriendly, and in dire need of reform."

Government is currently examining the possibility of moving away from the yearly issuing of number plates by levying and collecting the motor vehicle tax electronically starting in January 2013. This initiative is a pre-requisite to modernize the tax system, lowering the administrative burden, and further improving the tax compliance.



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Source: http://www.smn-news.com/st-maarten-st-martin-news/9935-vehicle-owners-to-receive-relief-with-payment-of-vehicle-tax.html

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