High Rate Road Tax

[Danm1les]

Hoping someone will be able to help, I have never purchased a car before that has fallen into the newer rules of car tax, over £40k and there is a £500ish surcharge.

The car was registered 08/06/2018, if the car is not taxed for a couple of weeks, can the higher rate of tax be avoided? Or if I tax it monthly will I pay 1 month of higher tax and it will go back down again?

[jjr1]

You appear to have not understood how the luxury tax rules work either. It is 5 years after the initial first year. Your car won't be exempt until June 2024.

[Danm1les]

I haven't understood it at all! Ah ok, thats it fine.

I didn't want to pay a years worth of the higher rate when it is about to end

[sunnyb13]

whats the reg number?

Its 5 years from the second time the car is taxed btw.

[Danm1les]

sunnyb13 said:

whats the reg number?

Its 5 years from the second time the car is taxed btw.

HJ18 ZFH

[sunnyb13]

Danm1les said:

sunnyb13 said:

whats the reg number?

Its 5 years from the second time the car is taxed btw.

HJ18 ZFH

Looks like a good purchase - well specced. Approved used from Sytner maidenhead.

Your 'luxury tax' would end 31st May 2024.

[AlwynMike]

Tax it from 1st June. Before that, you'll be paying a full month for the last few days of this month.
If you don't pick it up / tax it until 1st July, your yearly rate will be less as the June 24 month will be at the standard rate, and it seems that is something the DVLA computer can cope with.

[Danm1les]

sunnyb13 said:

Looks like a good purchase - well specced. Approved used from Sytner maidenhead.

Your 'luxury tax' would end 31st May 2024.

Thanks!

How did you check that from the reg?

[sunnyb13]

Danm1les said:

sunnyb13 said:

Looks like a good purchase - well specced. Approved used from Sytner maidenhead.

Your 'luxury tax' would end 31st May 2024.

Thanks!

How did you check that from the reg?

for general public - you can simply get the date from gov.uk by putting in a registration
https://vehicleenquiry.service.gov.uk/

In terms of the car specs etc - that be being nosy on some software :-)

[PBCD]

jjr1 said:

You appear to have not understood how the luxury tax rules work either. It is 5 years after the initial first year...

Out of curiosity, does the 'luxury tax' only apply to ICE vehicles, or are new EVs over £40k affected too?

[Puzzles]

EVs are included

[sunnyb13]

Puzzles said:

EVs are included

no they are exempt until April 2025.

[Puzzles]

Yes I sorry I meant going forward.

[Vipers]

sunnyb13 said:

Danm1les said:

sunnyb13 said:

whats the reg number?

Its 5 years from the second time the car is taxed btw.

HJ18 ZFH

Looks like a good purchase - well specced. Approved used from Sytner maidenhead.

Your 'luxury tax' would end 31st May 2024.

Extra surcharge is £390.00

[Vipers]

Danm1les said:

sunnyb13 said:

Looks like a good purchase - well specced. Approved used from Sytner maidenhead.

Your 'luxury tax' would end 31st May 2024.

Thanks!

How did you check that from the reg?

You also use checkcardetails.co.uk which also shows MOT results.

[AlwynMike]

I thought the last time BMW put a 600cc engine in a car, it was a bubble car. Oh.....

[Vipers]

AlwynMike said:

I thought the last time BMW put a 600cc engine in a car, it was a bubble car. Oh.....

Odd, a car check comes up with 600, yet a brochure says 650.

But your right, also called BMW Isetta 600, (582cc), in production until 59, and tad over 34k made.

[PBCD]

sunnyb13 said:

Puzzles said:

EVs are included

no they are exempt until April 2025.

Thanks for clarifying.

So anyone planning to buy a £41k+ EV (which let's face it is what most of
the half decent ones cost these days!) needs to purchase it by March 31st
2025 at the latest to save themselves over £2500 in 'supplemental' VED...

[Discombobulate]

Puzzles said:

EVs are included

Only new ones from 2025 pay the "luxury VED" premium. It is not backdated on existing EVs, which just pay standard rate whatever their value.