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  #1  
Old 29-01-10, 22:19
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Default Road tax- will this work how I think it will?

Basically when I bought my car on the 25th? I had to tax it (I bought 6 months) so I lost a month near enough. I now have 5 months remaining on it.

It cost me £118.25 for the 6 months or for a year it was £215

But as of April 2010, it's going to be:

6 months- £134.75
12 months- £245.00

So what I was thinking was... at the end of March, if I cash in my tax disc, then buy 12 months tax at a cost of £215 for a year- I'll save a bit of money over the next year.

Am I missing anything? From what I'm aware- cashing in a tax disc you don't lose any money- or do you?

Yes I'm being tight, but I don't like throwing money away if I don't need to

Source of pricing
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  #2  
Old 29-01-10, 23:16
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Default Re: Road tax- will this work how I think it will?

The last two months of the tax disc you get no refund at all. I believe the percentage decreases monthly.

Dependant on when it runs out it might mean you dont pay the additional sum for 12 months tax, but you'll get hit with a higher amount the following year.

I can see my moderately economical 9-3 being £200 in the next 3 years for a years tax. I dont even want to consider the cost of the ST200 for 6 months tax, especially when I'll be paying a premium for a 6 month tax disc when I'll only use it for 3-4 months a year.
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Old 29-01-10, 23:32
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Default Re: Road tax- will this work how I think it will?

Oh right so this probably isn't worth me doing then.

Oh well worth a shot I spose lol.

I really can't believe what this country is coming to. Takes the p!ss tbh as the roads are full of pot-holes yet we pay through the nose for road tax.
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Old 31-01-10, 13:37
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Default Re: Road tax- will this work how I think it will?

its a big con aint it thats why im not going over 1999 when i buy a car
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Old 31-01-10, 17:19
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Default Re: Road tax- will this work how I think it will?

damn right it is. My mate's paying over £400/ year for his scooby.

My old Vectra was registered just days before the high tax bracket kicks in- should of stuck with that lol.
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Old 31-01-10, 21:07
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Default Re: Road tax- will this work how I think it will?

i have cashed in tax alot over the past 8 years on a 6 months disc you lose 10% of the original price as an "ADMIN CHARGE"

so from yours you will get
£70.92 back
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  #7  
Old 31-01-10, 21:10
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Default Re: Road tax- will this work how I think it will?

Quote:
Originally Posted by busby330 View Post
i have cashed in tax alot over the past 8 years on a 6 months disc you lose 10% of the original price as an "ADMIN CHARGE"

so from yours you will get
£70.92 back
You mean if I were to cash it in now mate?

I'd want to keep this one until the month before they put the prices up, then cash it in and buy 12 months if you see what I mean.
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Old 31-01-10, 21:13
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Default Re: Road tax- will this work how I think it will?

TBH mat you would lose FEBS tax anyway. if you wanted refund for 4 months (i.e end of feb) you would need to send it in around the 21st of FEB.
The refund i quoted up there was for the 4 months. When you buy a 6 Month disk you pay an extra ten percent which they wont refund. they will pay for EVERY complete month left to run on the disk. so sending in the disk on the 21st allows 7 days for them to recieve the disk which would mean you had april, may, june and july left to run. which you would recieve £70.92
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  #9  
Old 31-01-10, 21:14
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Default Re: Road tax- will this work how I think it will?

Quote:
The amount you’ll be refunded

A refund is paid for each full month left to run on the tax disc at the time you apply. For example, if your tax disc expires at the end of September and you apply during July you'll receive a refund for two months – August and September.

If you have a six-month tax disc you paid an extra ten per cent handling charge when you bought it. This is not included as part of your refund.

If you don’t have a tax disc to send back, an administration fee of £7 will be taken away from the amount refunded to you. The refund will be made payable to the person named on the application form. The name should match exactly what’s on the vehicle registration certificate.

A refund can not be backdated.
TAKEN FROM DVLA OWN WEBSITE. (and just done my step fathers tax refund for him)
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  #10  
Old 31-01-10, 21:31
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Default Re: Road tax- will this work how I think it will?

Quote:
Originally Posted by busby330 View Post
TAKEN FROM DVLA OWN WEBSITE. (and just done my step fathers tax refund for him)
Cheers mate.

Think I'll give this a miss.. for what it's worth eh.

Robbing arseholes they are.

I already paid silly money for 5 months tax as I had to tax it on the 25th so I could drive the car home, so there was a month lost right away.

The joys of motoring lol
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