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The Parliament of Cyprus think about encouraging citizens for timely payment of road tax

Committee on Communications and Works of Cyprus Parliament is preparing a new bill which provides discounts for early payment of the road tax. According to statistics, 30% of motorists pay road tax in the last minute, and some do not pay at all.

The proposed bill provides discounts of 10% for payments made in January and 5% - in February. If car owners "reach" until March, they will have to pay the full amount.

Deputies believe that such incentives can prevent the payment system failures due to overload, as it was in the past two years.

Last Saturday, a few hours before the deadline was carried 33 000 transaction to pay road tax for the total amount of about 4,9 million euros.

A source: Bulletin of Cyprus

Tags: Cyprus, Tax, Auto, Laws

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