Department of State GrowthTransport

Periodic Payments

Formula to calculate Fees, MAIB & Motor Tax for periods less than 12 months

Definition

Periodic Registration provides the option for registered operators to register vehicles for a period less than 12 months.

Light Vehicles can be registered for 6 or 12 months and Heavy vehicles can be registered for 3, 6 or 12 months. There are additional charges for registering vehicles for periods less than 12 months (see formula below).

The period of registration can be changed when the vehicle's registration falls due for renewal or is re-registered.

Periodic registration is not available to common expiry registration.


How to use the Periodic Payment Formula

Periodic payments are normally calculated automatically on our data base. The formula is complex. It is based on the number of days in any given 3 or 6 month period. Each component of the total registration cost is calculated separately.


Formulae to calculate periodic payments

Periodic payments are calculated using the following formulae:

(FL + RF + RSL to nearest 5 cents) + MAIBF + MTF + Administrative Fee $7.75 ($3.87 for pensioners) = SUB TOTAL

SUB-TOTAL + plate fee + premium duty ($20.00) + Inspection (if required) + market value duty*(if required) = TOTAL AMOUNT PAYABLE

*Market value duty is unique to each vehicle and is calculated on its market value.  Applicable only for registration issue, re-issue & registration transfers, (See Appendix A Duty Rates)


Detailed Fee Formulae

Registration, Road Safety Levy and Fire Levy

  • Fire levy - {N x (F/365*)} = FL
  • Reg fee - {N x (R/365*)} = RF
  • Road Safety levy - {N x (S/365*)} = RSL
  • Sub total (FL + RF + RSL)

Where:

  • N is the number of days in the period for which registration is sought. This total is determined by counting the first day of the registration period and including the last.
  • F is the Fire Levy fee for a period of 12 months.
  • R is the registration fee for a period of 12 months not including the Fire Levy.
  • S is the Road Safety Levy for a period of 12 months.
  • FL is the periodic Fire Levy fee.
  • RF is the periodic registration fee.
  • RSL is the periodic Road Safety levy.

* Divide by 366 if 29th February falls in period.


MAIB Premium

{N x (MAIB/365*)} = split + S% = MAIBF

Where:

  • N is the number of days in the period for which registration is sought. This total is determined by counting the first day of the registration period and including the last
  • MAIB is the MAIB premium for 12 months
  • Split is the calculated split of the MAIB premium
  • S is the surcharge % on the split MAIB premium - 3% for 6 monthly and 6% for 3 monthly
  • MAIBF is the periodic MAIB fee

* Divide by 366 if the 29th February falls in period.


Motor Tax

{N x (MT/365*)} = MTF

Where:

  • N is the number of days in the period for which registration is sought. This total is determined by counting the first day of the registration period and including the last
  • MT is the Motor tax fee for a registration period of 12 months
  • MTF is the periodic Motor tax fee.

Note:

  • MAIB Premium duty of $20.00 applies to ALL registration transactions including each periodic transaction.
  • days includes the day of expiry and not the day of issue
  • Plate/Inspection fee and premium duty ($20.00) cannot be rebated on a pro-rata basis.
  • Add the Administration Fee of $7.75 ($3.87 for pensioners) to the sub-total to all periodic payments.

*Divide by 366 if the 29th February falls in period.