UK 2014 Budget - Vehicle Excise Duty

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macplaxton
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Joined: 09 Feb 2008 02:29 am

UK 2014 Budget - Vehicle Excise Duty

Post by macplaxton » 19 Mar 2014 09:57 pm

The UK Budget 2014 document wrote:2.152 Vehicle Excise Duty (VED) rates and bands – VED rates for cars, motorcycles and the main rates for vans will increase by RPI from 1 April 2014. (Finance Bill 2014)

2.153 VED: classic vehicle exemption – The government will introduce a rolling 40 year VED exemption for classic vehicles from 1 April 2014. (Finance Bill 2014 and future Finance Bills) (39)

2.154 VED administrative simplification – As announced at Autumn Statement 2013, the government will introduce legislation to reduce tax administration costs and burdens by making the following changes with effect from 1 October 2014:
  • motorists will be able to pay their VED by direct debit annually, biannually or monthly, should they wish to do so. A 5% surcharge will apply to biannual and monthly payments (Finance Bill 2014) (c)
  • a paper tax disc will no longer be issued and required to be displayed on a vehicle windscreen (Finance Bill 2014)
I'll find the VED rates tables when they've published new ones. RPI is about 3%, so expect another fiver or tenner on the annual bill.
72 DAF 44 Estate 78 Volvo 343DL Black BeautyImageImage
82 Volvo 343DL CVTImageImage 88 Volvo 340DL Diesel

Ride_on
Posts: 2262
Joined: 26 May 2009 05:34 pm
Location: Belfast, N. Ireland

Re: UK 2014 Budget - Vehicle Excise Duty

Post by Ride_on » 21 Mar 2014 12:56 am

This is road tax? So no exemption for the 300s for a few years yet?
1980 345 DL_______1987 360 GLE (project car restored to GLT spec and B230FT'd)
1984 360 GLT______1987 360 GLT
1983 360 GLS______1989 360 GLE
1985 340 GL_______1986 340 1.4
1985 360 GLS______1995 940 SE 2.3 Turbo Estate (daily)
1987 340 GL 1.7

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Chris_C
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Posts: 9600
Joined: 18 Jun 2004 11:53 pm
Location: South Coast, UK

Re: UK 2014 Budget - Vehicle Excise Duty

Post by Chris_C » 21 Mar 2014 01:21 am

The 76's will be in 2 years!
'89(G) 340 GLE B172k
'03 S60 D5 SE, '91 (J) MX5, 1954 Cyclemaster
Ex:
'89(F) 340 GL F7R (ex B172k) - Fake -> SBKV 300 Runner Up 08, 12; '91(H) 340 GL B14.4E - Kar; '88(F) 360 GLT B200E - Jet -> BKV 300 Runner Up 09; '89(G) 360 GLT B200E - Beast

macplaxton
Posts: 3283
Joined: 09 Feb 2008 02:29 am

Re: UK 2014 Budget - Vehicle Excise Duty

Post by macplaxton » 27 Mar 2014 12:52 am

Here's the new PLG rates from 01/04/2014:

Image
72 DAF 44 Estate 78 Volvo 343DL Black BeautyImageImage
82 Volvo 343DL CVTImageImage 88 Volvo 340DL Diesel

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Hell Driver
Posts: 1415
Joined: 18 Aug 2009 09:58 pm
Location: Doncaster UK

Re: UK 2014 Budget - Vehicle Excise Duty

Post by Hell Driver » 27 Mar 2014 01:05 am

Will be taxing the GL on the 1st. Thought about doing it a week ago but the £5 saved will be more than wasted on the 3/4 of a month tax now gone :(

At least I'll get half back when I cash it in later in the year :D

Although................I might get a 6 months for the first time ever and save the last ever disc it has!!!! Might as well as I end up wasting money on registered post getting the disc back to the DVLA as I can't trust the Post Office to do the job properly without.

Wait a half a mo...£23 extra for 6 months...maybe not!.

The last discs issued will expire on September 30th 2015 then?
360 GLE Saloon (D 86)
360 GLS (A 84)
343 DL (W 80) :-)
340 GL 1.7 (G 89)
360 GLS (Y 83)
440 Turbo (J 92)
Transit Tipper 125 T350 (02)Alive Again!
Transit Tipper Smiley face Q reg
Mitsubishi Colt 1.1 (54)
R.I.P. 77 343 DL vario :-(

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