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New Tax Rules


tanithvosloo

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It does mean that when buying a 17 plated car (in the distant future obv) you would need to find out the date of first reg to work out its tax rate because the rules come in on 1/4/17 but the reg starts on 1/3/17. If only there was a small piece of paper in the corner of the windscreen with the cost and expiry date written on it....

 

 

Also, Hybrids still zero rated. Why?

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It does mean that when buying a 17 plated car (in the distant future obv) you would need to find out the date of first reg to work out its tax rate because the rules come in on 1/4/17 but the reg starts on 1/3/17. If only there was a small piece of paper in the corner of the windscreen with the cost and expiry date written on it....

 

 

Also, Hybrids still zero rated. Why?

Just look for a 67 plate onwards chap!
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Only £5 difference for the 2WD (I think mine is going to be registered just before the cut off)

 

We all want the 4wd version surely? Of course due to lower road tax people will be trying to flog them for a couple of hundred quid more wiping out any tax savings for years. 

 

VED has much more of an effect on the people of this good parish due to multiple car ownership. For people buying new cars if can't make much difference as it'll generally be less than one of their monthly PCP payments anyway, before fuel, insurance, tyres etc...

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Tenuous connection, I know . But have we got to the stage where some 2006 cars cost more to tax than they're worth yet?

This morning I dropped MrsN's Freelander at autoelectrician to fix ( ha!) a couple of foibles, mentioned that we're getting it ready to sell and replace with a Cayenne. Turns out his daughter has got a 3.2 V6 she's selling , problem is it's a late 2006 56 plate , that means £515 a year tax. Difficult to justify when one six months older would be £295.

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Much fairer system all round, they know they messed up thanks to the recent slew of OMG DEESEL IS KILING POLER BARES articles. Although in fairness, no one could have predicted that a taxation system that massively favoured diesel would mean everyone went out an bough a diesel.

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As above, this won't affect me.

It does seem to imply that anyone who 'owns' a car that was £40k+ list price will pay a fortune for the first 3 years, though.

That isn't really fair if the car was discounted to say £35K when first registered, surely?

 

I wonder if we will see older (pre April '17) stuff become more sought after, and Joe Public wanting to hold onto his car, though?

We all know that most people think newer is better, but these are also the same people who often only ticked on a £10K+ new car to 'save' money on tax. :-)

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It is much easier to understand the Govt. press release than the hysterical guff the press trots out.

 

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https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/534511/ved-reform-briefing-for-motor-industry.pdf

 

Agreed. It has to be based on list price to avoid the wholesale fiddling that would go on about discounts otherwise. Same as the current company car tax regime.

 

Most people will pay £140 on their never ending rental cycle.

 

If you have a expensive egowagen on your PCP you'll pay £450. When the reaches 5 years old (and you'll be at least 2 PCP contracts on) it'll revert to £140.

 

If you have a "zero emissions" car it'll cost £0, unless the list price is over £40k when it'll be £310 for the first 5 years.

 

Buy a 5 year old car after April 2022 at it'll cost you £140 in road tax. 

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Tenuous connection, I know . But have we got to the stage where some 2006 cars cost more to tax than they're worth yet?

This morning I dropped MrsN's Freelander at autoelectrician to fix ( ha!) a couple of foibles, mentioned that we're getting it ready to sell and replace with a Cayenne. Turns out his daughter has got a 3.2 V6 she's selling , problem is it's a late 2006 56 plate , that means £515 a year tax. Difficult to justify when one six months older would be £295.

Believe it or not, even the bloody HSE auto Diesels in Freelander 1 go into £500 bracket, thought me eyes were deceiving me when i saw a then £475odd tax disc in the window of an HSE belonging to a colleague.

 

Yes in theory it all sounds good for future shiters who want something a bit juicier which at present only the brave will buy regd 06 on (i won't, just an't give the sods 500 knicker to piss up the wall), but we have got two problems.

 

Is anything made in 2017 still likely to be running in 12 years time, bearing in mind timing chains of cheese being just one improvement* they've made recently then effin electric parking brakes and everlasting* trick gearboxes etc, and if we can find one still going do we trust whichever scheming bleeder sits in the number 11 at the time not to shift the goal posts.

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