8 Mr Chua Kheng Wee Louis asked the Minister for Transport with the increase of vehicle-related fees from 19 December 2022 (a) for each of the 25 raised fees, what are the respective dollar amount and percentage increases; and (b) what is the expected annual revenue increase arising from each fee increment.
Mr S Iswaran: Many of LTA’s vehicle-related fees have been unchanged over many years. The 25 fees have not been increased in at least five years, and in some cases more than 10 years. However, operational requirements, such as enhancing data security measures, have increased. Fees therefore have to be adjusted to ensure that we are able to recover the administrative costs of providing these services.
The full list of services with adjusted fees is available on OneMotoring. The dollar increases range from $1.07 to $130, with most fees experiencing about a 10% to 40% increase, depending on the base rate of the fee. The details are as follows.
The fees collected are to cover the higher administrative costs of providing these services, which would otherwise be borne by taxpayers.
Ministry of National Development
10 January 2023