- Rwanda reintroduced VAT on hybrid vehicles to promote electric mobility.
- Hybrid vehicles will continue to benefit from import duty exemption of 25 percent.
- Hybrid vehicles will now be subject to an 18 percent VAT.
- Electric vehicles will remain fully exempted from VAT.
- Hybrid cars will pay a withholding tax of 5 percent.
- New hybrid cars with longer battery life will be subject to an age-based excise duty structure.
- Vehicles under three years old will pay 5 percent excise duty.
- Vehicles between four and seven years old will pay 10 percent excise duty.
- Vehicles eight years and older will pay 15 percent excise duty.
Source: newtimes.co.rw
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
