Government is planning to impose a 1000% tax on imported vehicles especially those that are five years or more. At the moment a new vehicle at major retail outlets are way beyond an ordinary middle income earner’s wages. The current tax regime for vehicles is 110% on any new or use imports. Currently the street of Port Moresby is being flooded with imported used vehicles that are ordered over the internet. This decision will deprive many citizens of affording a vehicle once more.
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