ROAD Tax 2017

Author
Discussion

SBN

Original Poster:

1,025 posts

152 months

Sunday 2nd August 2015
quotequote all
Trying to work out if my new car i will be ordering shortly will be exempt from the £310 in 2017.

Current car value on the road is £39,255

However once i start adding options it ends up around £46k

Does anyone know how the government will calculate this... will it be just on the OTR price or the final price with all the options added?

McSam

6,753 posts

175 months

Sunday 2nd August 2015
quotequote all
I like your title hehe

It doesn't seem to be completely clear yet, I haven't seen any more detail than newspapers have quoted from the Budget itself. However, it does seem to talk about "list price", implying it's before options.

If it were me, I would calculate it by the actual price invoiced by the dealer, but I suppose this could be complicated to implement.

TheAngryDog

12,406 posts

209 months

Sunday 2nd August 2015
quotequote all
Cars are not going to be retrospectively taxed, it will only apply from 2017 onwards. Current tax bands will remain the same

johnoz

1,016 posts

192 months

Sunday 2nd August 2015
quotequote all
McSam said:
I like your title hehe

It doesn't seem to be completely clear yet, I haven't seen any more detail than newspapers have quoted from the Budget itself. However, it does seem to talk about "list price", implying it's before options.

If it were me, I would calculate it by the actual price invoiced by the dealer, but I suppose this could be complicated to implement.
Road tax is back
The Chancellor has announced that the money raised from these VED payments will actually be put into a road fund to repair the nation’s roads. That means we’ll be able to go back to giving Vehicle Excise Duty its old-fashioned name: road tax.

- See more at: https://www.carwow.co.uk/blog/ved-road-tax-from-20...

SBN

Original Poster:

1,025 posts

152 months

Sunday 2nd August 2015
quotequote all
TheAngryDog said:
Cars are not going to be retrospectively taxed, it will only apply from 2017 onwards. Current tax bands will remain the same
Not sure this is true ?

I thought it was changing for everyone

DuraAce

4,240 posts

160 months

Sunday 2nd August 2015
quotequote all
SBN said:
Not sure this is true ?

I thought it was changing for everyone
It's true. New cars only. Older cars stay as they are (until they start increasing them as well!)

anonymous-user

54 months

Sunday 2nd August 2015
quotequote all
Correct, the rates are not retrospective.

SBN

Original Poster:

1,025 posts

152 months

Sunday 2nd August 2015
quotequote all
ok thats great news... so it only applies to new cars purchased after April 1st 2017?

snoopy25

1,865 posts

120 months

Sunday 2nd August 2015
quotequote all
SBN said:
ok thats great news... so it only applies to new cars purchased after April 1st 2017?
Yes

2 sMoKiN bArReLs

30,254 posts

235 months

Sunday 2nd August 2015
quotequote all
hehe You are spending £46k on a car and are concerned about £310 rfl? yikes

snoopy25

1,865 posts

120 months

Sunday 2nd August 2015
quotequote all
2 sMoKiN bArReLs said:
hehe You are spending £46k on a car and are concerned about £310 rfl? yikes
I was thinking that as well hehe

McSam

6,753 posts

175 months

Sunday 2nd August 2015
quotequote all
Oh, I didn't realise you were ordering the car before the new laws come into effect. As above (and with all the previous changes to VED) it will only be applied to cars registered after its introduction.

CorvetteConvert

7,897 posts

214 months

Sunday 2nd August 2015
quotequote all
Meanwhile millions of harder-up (especially young) people who buy cars smaller and slower than they really want to get a £20 or even zero road tax bill will now pay £140, the same as a Subaru Sti. Typical of Tory thinking.

DJP

1,198 posts

179 months

Sunday 2nd August 2015
quotequote all
CorvetteConvert said:
Meanwhile millions of harder-up (especially young) people who buy cars smaller and slower than they really want to get a £20 or even zero road tax bill will now pay £140, the same as a Subaru Sti. Typical of Tory thinking.
Everyone pays for what everyone uses.

Why should the vehicle make any difference to the tax price?

(Although it should all be on fuel anyway).

McSam

6,753 posts

175 months

Sunday 2nd August 2015
quotequote all
johnoz said:
Road tax is back
The Chancellor has announced that the money raised from these VED payments will actually be put into a road fund to repair the nation’s roads. That means we’ll be able to go back to giving Vehicle Excise Duty its old-fashioned name: road tax.

- See more at: https://www.carwow.co.uk/blog/ved-road-tax-from-20...
Thanks, but that doesn't answer the question of how a "cost" of £40k is defined - list price, or as specified.

Negative Creep

24,979 posts

227 months

Sunday 2nd August 2015
quotequote all
johnoz said:
McSam said:
I like your title hehe

It doesn't seem to be completely clear yet, I haven't seen any more detail than newspapers have quoted from the Budget itself. However, it does seem to talk about "list price", implying it's before options.

If it were me, I would calculate it by the actual price invoiced by the dealer, but I suppose this could be complicated to implement.
Road tax is back
The Chancellor has announced that the money raised from these VED payments will actually be put into a road fund to repair the nation’s roads. That means we’ll be able to go back to giving Vehicle Excise Duty its old-fashioned name: road tax.

- See more at: https://www.carwow.co.uk/blog/ved-road-tax-from-20...
Does that mean people cn no longer bring up that dull technicality on every thread? Awesome!

Ian Geary

4,487 posts

192 months

Sunday 2nd August 2015
quotequote all
Negative Creep said:
Does that mean people can no longer bring up that dull technicality on every thread? Awesome!
And if the Government brings back the "fast" and "slow" lanes, the post count on here would drop by about 50%!

HTP99

22,548 posts

140 months

Sunday 2nd August 2015
quotequote all
CorvetteConvert said:
Meanwhile millions of harder-up (especially young) people who buy cars smaller and slower than they really want to get a £20 or even zero road tax bill will now pay £140, the same as a Subaru Sti. Typical of Tory thinking.
Can't be too hard up if you can afford a new car, even if it is a £6995 C1 and tbh in my experience the majority of car buyers dont actively seek out a £nil or £20 rfl banding car and anyway whats another £100 odd spread out over the year.

daemon

35,818 posts

197 months

Sunday 2nd August 2015
quotequote all
CorvetteConvert said:
Meanwhile millions of harder-up (especially young) people who buy cars smaller and slower than they really want to get a £20 or even zero road tax bill will now pay £140, the same as a Subaru Sti. Typical of Tory thinking.
Hard up, but can afford a brand new car?

Bit of a first world definition of hard up.

Matt UK

17,696 posts

200 months

Sunday 2nd August 2015
quotequote all
McSam said:
Thanks, but that doesn't answer the question of how a "cost" of £40k is defined - list price, or as specified.
Wouldn't be surprised if they use the company car P11D route, whereby you get your own personal taxation rate based on the RSP of the vehicle plus any options.