Otodiva – Starting January 2025, The government will implement a regional tax opportunity policy, replacing the provincial tax revenue sharing mechanism such as Motor Vehicle Tax (PKB) and Motor Vehicle Title Transfer Fees (BBNKB). This policy is contained in Law no. 1 Year 2022 concerning Financial Relations Between the Central Government and Regional Governments (HKPD).
According to Art 191 verse (1) UU HKPD, PKB and BBNKB opsen rates are set at 66% of the amount of tax payable. The impact, The price of new motorbikes will increase quite significantly.
Impact of Tax Option on Motorcycle Prices
Chairman of Commercial Affairs of the Bicycle Industry Association Indonesian Motorcycle (AISI), Sigit Kumala, revealed that this policy has the potential to increase the price of new motorbikes by between Rp 800 thousand to Rp 2 million, depending on the type of motorbike.
“Konsumen sepeda motor sangat sensitif terhadap kenaikan harga. Tax opportunities can increase the price of entry level motorbikes by more than Rp 800 thousand, while mid-high segment motorbikes can increase to Rp 2 million,” jelas Sigit.
This increase is equivalent to 5%-7% from the on-road price of a new motorbike, which is two to three times greater than annual inflation. The impact, consumer purchasing power can be depressed.
Decreased Sales Potential
AISI recorded domestic motorbike sales for the January-November period 2024 reach 5,9 million units, grows thin 2,06% compared to last year. Initially, The association is optimistic that the motorbike market 2025 can break through the numbers 6,4 million up 6,7 million units.
However, with this tax opportunity, Sigit predicts that the market could actually fall by up to 20%.
“Sepeda motor adalah alat transportasi produktif yang sangat dibutuhkan masyarakat. If prices rise significantly, demand must be depressed,"He added.
The tax option policy which will take effect immediately will have an impact on the price of new motorbikes, affecting people's purchasing power and sales potential in the automotive industry. Anticipatory steps from the government and industry players are needed so that the market remains stable amidst the existing economic challenges.
