Motorhome and yacht owners reminded to pay vehicle and vessel tax
Chinese tax authorities have reminded owners of motorhomes and yachts to pay the vehicle and vessel tax (车船税). With the growing popularity of road tri...
Chinese tax authorities have reminded owners of motorhomes and yachts to pay the vehicle and vessel tax (车船税). With the growing popularity of road trips and water leisure, and the government's plan to boost these sectors, cases of incorrect or late tax payments have increased. The tax is levied annually on owners or managers of registered vehicles and vessels. Self-propelled motorhomes are taxed as passenger cars or buses depending on seat count and engine size, while towable caravans are taxed as trailers based on weight. Yachts are taxed per meter of hull length, ranging from 600 to 2000 yuan per meter. From January 1, 2027, tax incentives for energy-efficient and new energy vehicles will be abolished, affecting motorhomes. Owners are advised to file taxes independently, especially for caravans and yachts, which are not covered by insurance collection mechanisms.