Related Questions
- How will Preferential Additional Registration Fee (PARF) rebates be computed for cars under the Vehicular Emissions Scheme (VES)? Will the VES surcharge be taken into consideration in the computation of PARF rebates?
- Is there a minimum Additional Registration Fee (ARF) payable for cars under the CEVS?
- What is omv and arf value? What does it mean if both of their values are the same? If i plan to buy a second hand car which is 8 or 9 years old, how do i calculate how much will i get after scraping at the end of 10 years?
- How much is the PARF rebate(s) upon deregistration?
- How is the Off-Peak car rebate calculated?
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1 Answer
The Additional Registration Fee (ARF) is a tax imposed upon registration of a vehicle. It is calculated based on a percentage of the Open Market Value (OMV) of the vehicle.
The ARF determines your PARF rebate which is a component of your de-registration value.