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F1 Tax to be 'cut', by 1 day !

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  • F1 Tax to be 'cut', by 1 day !

    Some common sense at last coming out of Singapore, but they can't bring themselves to scrap it completely, yet.


    SINGAPORE: A special levy imposed on hotels during the Singapore Formula One (F1) season will be cut this year due to the current economic downturn.

    The Singapore Tourism Board (STB) said on Friday the levy will be in place for four days this year, from September 24 to 27.

    Last year, during the inaugural race, the levy was in place for five days.

    However, the quantum of the tax will remain unchanged.

    Trackside hotels have to pay a 30 per cent levy on their total revenues from rooms, while other hotels have to fork out 20 per cent.

    STB said it made the decision to grant a one-night concession following consultations with the Singapore Hotel Association.

    It added that last year's night race attracted more than 40,000 overseas visitors and generated S$168 million in tourism receipts.

    http://www.channelnewsasia.com/stori...413488/1/.html

  • #2
    i am booked for 3 paid nights at the st. regis at 399SGD/night.... quite happy with the rate, considering they wanted 2800SGD/night last year. any advice on where to get good tickets for the race would be appreciated.

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    • #3
      Tickets here: http://www.singaporegp.sg/

      They go onsale today

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      • #4
        Originally posted by 9V-JKL View Post
        Tickets here: http://www.singaporegp.sg/

        They go onsale today
        wow, talk about good luck...i just made my reservation this morning.

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        • #5
          Good for you Where are you booked?

          For anyone else reading, early bird prices are valid till 19/Apr. Discounts vary but up to 15%

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          • #6
            any advice on those who have been to last years, with respect to best place on the track to look for tickets. thank you in advance.

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            • #7
              Originally posted by 9V-JKL View Post
              Good for you Where are you booked?

              For anyone else reading, early bird prices are valid till 19/Apr. Discounts vary but up to 15%
              sorry for the confusion, i meant i made my St. Regis reservation this morning.

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              • #8
                If money no object, then either T1 or T2. Else, Connaught

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                • #9
                  I would definitely not pay a premium for Pit Grandstand. You might see some action at the start, plus see some pit activity, but otherwise the cars just fly past at full speed.

                  Echoing 9V-JKL, T1/2.

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