What does vehicle and vessel usage tax mean?
2 Answers
Vehicle and vessel tax is a usage behavior tax levied on vehicles driving on public roads and vessels navigating domestic rivers, lakes, or territorial ports, calculated based on their type, tonnage, and prescribed tax rates. Starting from July 1, 2007, vehicle owners are required to pay the vehicle and vessel tax when purchasing compulsory traffic insurance. The following are the consequences of not paying the vehicle and vessel tax: 1. Failed annual inspection: During the vehicle annual inspection, the payment status of the vehicle and vessel tax will be checked. If it is found unpaid, the vehicle owner will be ordered to pay the tax before the vehicle can pass the annual inspection. 2. Insurance becomes invalid: The vehicle and vessel tax is linked to insurance and annual inspection. If the tax is not paid, the vehicle cannot pass the annual inspection, which will result in the insurance becoming invalid. 3. Accumulated late fees: If the vehicle and vessel tax is overdue, late fees will be incurred. A late fee of 0.05% per day will be charged from the date of tax default, and the late fees and penalties will be calculated starting from January 1 of the following year. That is: Vehicle and vessel tax late fee = annual tax payable * (5/10000) * number of days overdue.
The vehicle and vessel tax is an annual fee we have to pay, specifically targeting the ownership or usage rights of vehicles and ships. When I first bought my car, I didn't quite understand this thing either, but I got it after checking some information. Simply put, if you drive on the road, you have to pay—the government uses it to maintain roads, bridges, and such. The calculation is based on the vehicle type. For example, my 1.6L family car costs about 300 yuan per year. If you forget to pay, not only will you face fines if checked on the road, but your insurance will also be affected—totally not worth it. I once paid late and had to pay a late fee, so now I always set automatic reminders. Nowadays, many places support online payments, saving a lot of time. I think this is a responsibility for car owners—don't find it troublesome, just handle it on time, as it relates to public safety and services. Keep this in mind, and life will be much easier.
