When is it due? How is it calculated?

When registering ownership of a car, is it necessary to pay registration tax? How is car registration tax calculated? Please refer to the article below.

1. When do I have to pay the vehicle registration fee in 2024?

According to Article 4 of Decree 10/2022/ND-CP, registration fee is the amount of money that individuals and organizations must pay to the state budget when registering ownership or usage rights of assets at competent state agencies (except in cases where registration fees are exempted).

In addition, according to Clause 7, Article 3 of Decree 10/2022/ND-CP, automobiles are subject to registration fees.

Therefore, when individuals or organizations register ownership of a car at the competent state agency, they must pay registration fees.

2. How to calculate vehicle registration fees in 2024

The formula for calculating vehicle registration fees in 2024 is as follows:

Registration fee payable = Taxable value x Registration fee rate (%)

In there:

* The price used to calculate vehicle registration tax:

The price used to calculate vehicle registration fees is the price specified in the Decision on the Table of Vehicle Registration Fee Calculation Prices issued by the Ministry of Finance , as stipulated in Clause 3, Article 7 of Decree 10/2022/NĐ-CP.

The price list for calculating vehicle registration fees in 2024 is stipulated in Decision 2353/QD-BTC of 2023:

DOWNLOAD

Table of vehicle registration fee rates for 2024

* Registration fee rate (%):

The vehicle registration fee for cars, trailers or semi-trailers towed by cars, and similar vehicles is 2%.

Private:

- Passenger cars with 9 seats or fewer (including pickup trucks): the initial registration fee is 10%. In cases where a higher rate is needed to suit the actual conditions in each locality, the Provincial/City People's Council may decide to adjust the rate upwards, but not exceeding 50% of the general rate stipulated in this point.

- Pickup trucks with a permissible carrying capacity of less than 950 kg and with 5 seats or fewer, and vans with a permissible carrying capacity of less than 950 kg, pay a first-time registration fee equal to 60% of the first-time registration fee for passenger cars with 9 seats or fewer.

- Battery-powered electric cars:

+ Within 3 years from the effective date of Decree 10/2022/ND-CP: the first-time registration fee will be 0%.

+ Within the next 2 years: pay the initial registration fee at a rate equal to 50% of the rate for gasoline or diesel cars with the same number of seats.

+ For the types of automobiles specified in points a, b, and c of this clause: the registration fee for the second and subsequent registrations will be 2%, applied uniformly nationwide.

Based on the type of vehicle recorded in the Certificate of Technical Safety and Environmental Protection issued by the Vietnamese vehicle registration authority, the tax authority determines the amount of registration fee payable for automobiles, trailers or semi-trailers towed by automobiles, and similar types of vehicles.

Legal basis: Article 6, Clause 3 of Article 7, Clause 5 of Article 8 of Decree 10/2022/ND-CP; Clause 2 of Article 3 of Circular 13/2022/TT-BTC

3. Declare and pay registration fees.

- Organizations and individuals declare and pay registration fees in accordance with the law on tax administration when registering ownership or usage rights of assets with competent state agencies.

- Electronic data on vehicle registration fee payments made through the State Treasury, commercial banks, or intermediary payment service providers, digitally signed by the General Department of Taxation and provided to the National Public Service Portal, has the same value as paper documents. This data can be accessed and utilized by traffic police, environmental and natural resources agencies, and other competent state agencies connected to the National Public Service Portal to facilitate administrative procedures related to the registration of ownership and use rights of assets.

(Article 11 of Decree 10/2022/ND-CP)

Source: https://baoquocte.vn/le-phi-truoc-ba-o-to-2024-khi-nao-phai-nop-cach-tinh-the-nao-256665.html