Has anybody else noticed how most colleagues / friends have no idea there family vehicles are going to cost more to tax in many cases.
I run 2 cars on a strict budget. Neccesity means i buy 6 months tax each time. In an age where most people pay there insurance monthly, possibly buy the car and pay monthly, the need to buy a tax disc once the rises impact out of ones spare cash in a single month is going to be increasingly difficult. Appreciate what has already been said about it being a relatively small expense in overall motoring terms but a significant monthly hurdle to encounter once or twice a year.
Appreciate this subject has been discussed at length already but the paying for same only touched on.
An arrangement to pay VED monthly would be useful, but expensive to put in place one assumes.
My Xsara Picasso 1.8 perhaps is a s typical family car as one will find but i believe it's emissions of 187 in the new banding will suffer quite a jump.
Your comments most welcome
Mark W
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I guess one of the problems is that of having the VED disk and then stopping the payments so some measure would have to be brought in to handle that. Maybe they could do a system like the TV licence stamps where you save for it before you get it.
Doesn't help when what you are saving for changed price along the way.
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"Maybe they could do a system like the TV licence stamps where you save for it before you get it."
These used to be available but I doubt you can find a a Post Office now to actually sell you them!
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Perhaps if Government introduced monthly payments, they could be accused of being `two faced` and after the money, rather than trying to tax big emission motors off the road?
You have to imaging a big drum being banged as a new large `A` booms down the outer lane of the motorway.
In the new scheme of things its allegedly not intended that a poor family Joe can impede its progress by paying Monthly to have the same `rights`of running an large older vehicle as (for example) a low mileage retirement car.
I`m surprised more older people people don`t protest by buying disability scooters as alternative local transport and a means of bucking the system and blocking town centre roads.
A sort of, `You bring the big A with its banging drum into the City centre, but it has to wait and follow me`
Its not necessarily the actual cost of the tax either. The sense of injustice must surely be `forcing` people to buy economical, low VED cars just to avoid `giving money away`.
Regards
Edited by oilrag on 06/05/2008 at 16:14
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Monthly payments.
Swansea could not cope.. and imagine the fun with police traffic.
you're not taxed... oh yes I am... oh no you're not...
An admininsitrative nightmare...
And imagine if your MOT runs out...to retax, renew your MOT first...
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Put the money aside each month or make sure your monthly budget has an allowance of 1/12th of the annual cost. If you buy 12 months at a time then you'll only be short once a year instead of twice :-)
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You do have a fair point. Once VED begins to represent one of the bigger yearly outlays fo a car, even more people will be forced to pay by installments, in a council tax kind of way. If you have a direct debit set up for VED, then plod should have an easier time of it too.
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Put the money aside each month ..........
Exactly. I do this for all "once a year" expenses. I put the money into an account which pays interest.
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I put the money into an account which pays interest. >>
And that's a lot better than saving stamps which is giving someone else an interest-free loan.
I know it's an old chestnut and oil prices are very jittery, but wouldn't petrol duty in some revised form be a better way of dealing with this than the complexities and approximations of VED? It does come down to pay to pollute as you go, and the less you drive and pollute, the less you pay.
Brown and Darling could retain their showroom tax for the guzzlers if they felt they had to display further environmental credentials.
What do other countries do by way of VED?
(Not too political is it? as Ben Elton used to say in the days when he wore sparkly suits.)
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The fuel bill for my car alone was £4000 last year despite the fact that it averages 45mpg. This year it will top £5200 to cover the same distance in the same car. My journeys are not discretionary, they are necessary for me to conduct my business. Please don't suggest any more duty on fuel !
:-((
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Probably a silly question, but if you use fuel as a business expense, arent there any tax allowances arising from that? Come to think of it is there a system to book electric usage as a business expense - they are both fuel.
If VED was put on fuel, those that lived in the sticks would claim that they are being unfairly dealt with.
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I'm not sure what "in the sticks" means these days. I live on the outskirts of a town, but the public transport system is not good so the car gets used.
There is tax relief for business expenditure. With a basic rate of 20%, you get back 20% of any increase effectively.
Easier to police because there isn't anything to police.
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