Wednesday, 25 November 2020

Have you paid yours yet? 2.4% of vehicle owners have already paid their Marchamo

QCOSTARICA – According to the Instituto Nacional de Seguros (INS), in charge of collecing the annual circular permit, the Marchamo, only 2.4% of the owners of vehicles paid theirs during the first week of collection.

The INS press office said that up to Monday, October 9, at 10:30 am, a total 36,937 payments, for a total amount of ¢5.3 billion colones, were registered.

- Advertisement -

The numbers remain at similar figures to those of last year, when about 30,000 payments were also made in the first seven days of collection.

This year, for the 2021 Marchamo, there are 1,568,375 registered vehicles. The amount to pbe paid includes the vehicular property tax, the mandatory automobile insurance and other items minor, including traffic fines.

For the 2021 period, significant reductions are applied to property tax; a reduction of 50% on vehicles with a fiscaf or tax value of ¢7 million or less, 25% for vehicles with a fiscal value between ¢7million and ¢10 million, and 15% on vehicles with a fiscal value of between ¢10 million and ¢15 million. No reductions is applied to vehicles over the ¢15 million.

A smaller reduction, an average of 6%, is on the cost of the mandatory insurance.

- Advertisement -

The 2021 Marchamo is payable up to December 31, 2020, after which tacked on are late payment charges and interest. Also, not having the 2021 Marchamo paid, starting January 1, drivers are subject to sanctions that included a fine and/or have their license plates seized.

You can check online the amount to pay for your vehicle here.

- Advertisement -
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

2021 Marchamo collection is on!

QCOSTARICA - At 2:00 pm this Monday, the owners of more...

Ministry of Finance publishes update of list of tax value of vehicles

QCOSTARICA - The Ministerio de Hacienda (Ministry of Finance) published the...

MOST READ

Italy to start distributing Covid-19 vaccine at the end of January

(CNN) ROME - Italy wants to start distributing a Covid-19 vaccine at the end of January, Prime Minister Giuseppe Conte said Monday during an...

19 dead and 45 injured in traffic accident in Waslala, Matagalpa

TODAY NICARAGUA – The overturning of a truck left 16 people dead and 45 injured in the community of Ocote Tuma, in the municipality...

Bossa Nova’s birthplace closes due to Covid-19 in Brazil

(Prensa Latina) Casa Villarino, one of the cradles of the bossa nova music movement in Brazil, closed its bar and restaurant in Rio de...

Turrialba Volcano will once again amaze visitors with guided tours from sunrise

QCOSTARICA - With a string of walks that will begin at 5 am and will continue every hour until 10 am, in groups of...

Costa Rica in sugar war with Canada and Brazil

The Costa Rica government's ideological protectionism puts us in trouble and strains the business climate, as the government of Canada and Brazil have brought...

Costa Rican Betcris is Becoming the MLB Official Wagering Partner 

Major League Baseball (MLB) took a giant stride forward in its outreach to Latin American countries by signing Betcris, the sportsbook based out of...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.