Only 15% of new cars get green tax break

File photo showing cars along One Marina Boulevard on March 22, 2016.
File photo showing cars along One Marina Boulevard on March 22, 2016.PHOTO: ST FILE

811 of 5,270 cars registered in first month of new scheme qualify for $10,000 rebate

Only 15 per cent of new cars qualify for tax rebates under the Vehicular Emissions Scheme (VES), which kicked in in July.

This compares with around 60 per cent when the preceding scheme was introduced four years ago.

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A version of this article appeared in the print edition of The Straits Times on September 22, 2018, with the headline 'Only 15% of new cars get green tax break'. Print Edition | Subscribe