Rudders666
Torque Master
Hi all,
Just wondered what peoples thoughts were on the new tax rate that's coming in at the start of April.
If you buy a new car after said date you'll pay it's first years tax, depending on emissions, after which it will fall to a flat rate of £140 for everyone regardless of emissions.
Thinking about tempting the wife to buy a new car before it comes in. It doesn't do her any favours because her Fiesta 1.25 will go from £30/annually to £140/annually. Mine however will go from £210/annually down to £140/annually, which works out fine for me.
As an added bonus, if you go and buy a £40k+ vehicle you'll pay your first years tax(based on emissions)+VED(£140) for the first FIVE years of ownership!
Thoughts?
Just wondered what peoples thoughts were on the new tax rate that's coming in at the start of April.
If you buy a new car after said date you'll pay it's first years tax, depending on emissions, after which it will fall to a flat rate of £140 for everyone regardless of emissions.
Thinking about tempting the wife to buy a new car before it comes in. It doesn't do her any favours because her Fiesta 1.25 will go from £30/annually to £140/annually. Mine however will go from £210/annually down to £140/annually, which works out fine for me.
As an added bonus, if you go and buy a £40k+ vehicle you'll pay your first years tax(based on emissions)+VED(£140) for the first FIVE years of ownership!
Thoughts?