VED additional rate when buying used
Discussion
dave_s13 said:
I got caught out by this last week as I had no idea about the 40k+ thing.
Paid for car, signed stuff, salesman went to tax it, will you be paying the £465 monthly or annually sir? Wtf....I was expecting £150!
But £45k, for a ford galaxy!?
Well you paid it!Paid for car, signed stuff, salesman went to tax it, will you be paying the £465 monthly or annually sir? Wtf....I was expecting £150!
But £45k, for a ford galaxy!?
Mustang V8 maybe, but Galaxy no way!
Thread resurrection!
Not quite clear on this...
If I buy a car that was £40k+ when new, and thus incurs the additional rate until it's six years old, and I buy it at five and a half years old, will the taxman stiff me for the additional rate for the whole 12 months that I tax it for when I buy it, or just for half of that time as it'll reach its sixth birthday six months after I buy it?
Not quite clear on this...
If I buy a car that was £40k+ when new, and thus incurs the additional rate until it's six years old, and I buy it at five and a half years old, will the taxman stiff me for the additional rate for the whole 12 months that I tax it for when I buy it, or just for half of that time as it'll reach its sixth birthday six months after I buy it?
MitchT said:
Thread resurrection!
Not quite clear on this...
If I buy a car that was £40k+ when new, and thus incurs the additional rate until it's six years old, and I buy it at five and a half years old, will the taxman stiff me for the additional rate for the whole 12 months that I tax it for when I buy it, or just for half of that time as it'll reach its sixth birthday six months after I buy it?
I expect the DVLA would stick to the strict time line, which is 5 years. Would the difference between 6 months and 12 months additional VED affect your choice?Not quite clear on this...
If I buy a car that was £40k+ when new, and thus incurs the additional rate until it's six years old, and I buy it at five and a half years old, will the taxman stiff me for the additional rate for the whole 12 months that I tax it for when I buy it, or just for half of that time as it'll reach its sixth birthday six months after I buy it?
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