Which Vehicles Are Exempt from Purchase Tax in 2021?
3 Answers
In 2021, new energy vehicles are exempt from purchase tax, including pure electric vehicles, plug-in hybrid (including range-extended) vehicles, and fuel cell vehicles. Fuel-powered vehicles do not enjoy any purchase tax reduction policies: From October 1, 2015, to December 31, 2017, a policy was implemented to halve the purchase tax for passenger vehicles with a displacement of 1.6 liters or below. After January 1, 2018, the purchase tax was restored to the statutory rate of 10%. Vehicle Purchase Tax: Vehicle purchase tax refers to the tax levied when purchasing a vehicle. The tax amount is 10% of the vehicle's selling price (excluding tax). The taxpayers of vehicle purchase tax are units and individuals who acquire taxable vehicles (including through purchase, import, self-production, gift, award, or other means) for personal use. The tax rate is 10%. In addition to cars, motorcycles, electric vehicles, trailers, and agricultural transport vehicles are also subject to vehicle purchase tax.
Having worked in the field for a long time, I'm quite familiar with automotive policies. In 2021, the vehicles exempt from purchase tax mainly include specific types, with new energy vehicles taking the lion's share—such as pure electric cars and plug-in hybrids. This is a benefit provided by the state to encourage eco-friendly transportation. Vehicles of foreign missions in China are also exempt, which is an international privilege. Specially modified vehicles for the disabled can be tax-exempt after approval, helping those with mobility challenges. Additionally, some public service vehicles like police cars or fire trucks are eligible for exemption. The exemption can save thousands to tens of thousands of yuan; a friend of mine saved over 8,000 yuan last year by buying a new energy vehicle. It's best to confirm the details with the dealer before purchasing. These policies are quite considerate, both saving money and supporting green transportation.
Hi, I often pay attention to eco-friendly cars. In 2021, the most eye-catching tax-exempt vehicles were new energy vehicles, such as electric or hybrid cars, as low-carbon policies exempt them from purchase taxes, making them super eco-friendly and cost-effective. Tax exemption for foreign embassy vehicles is a common practice; vehicles for the disabled can be exempted upon approval, facilitating travel for special groups. This policy is fantastic when considering buying a new energy vehicle, as it can save a significant amount in taxes, averaging around ten thousand yuan. A reminder to everyone: don’t overlook the tax exemption opportunity when checking policies before buying a car. With the rapid advancement of new energy technology, driving is now smoother and more economical.
