Singapore’s Land Transport Authority (LTA) yesterday (Oct 30) announced that the government will be increasing road taxes of Electronic Road Pricing (ERP) by 50% at the Kallang-Paya Lebar Expressway (KPE) and the Pan-Island Expressway (PIE).
The rates were increased 50% from S$2 to S$3 each time a vehicle pass through the ERP gantry points at KPE, and a new S$1 charge at PIE.
ERP increase
The new tax increase is estimated to net the government a further S$18,000 profit a day, or S$6.5 million a year.
Cost of living is now pressured upwards further following a 30% water price increase, electricity tariff increase and cross-border tariff increase this year.