Gambit
RMS Regular
- Messages
- 13,689
- Location
- where the sun always rises
I was under the impression that you get 5% discount compared to paying 6 monthly but still not as cheap as paying 12 months in one go.
I can live with that.
pulled from here:- http://www.theaa.com/motoring_advice/car-buyers-guide/cbg_roadtax.html
Budget 2014
It was announced in the Budget that Vehicle Excise Duty Rates will increase by RPI indexation. The new rates are shown in the table.
In addition the Chancellor announced the introduction of a rolling 40 year VED exemption for classic vehicles from 1 April 2014.
The Chancellor also confirmed the introduction of legislation to allow motorists to pay VED from 1 October 2014 by direct debit annually, biannually or monthly with a 5% surcharge for biannual and monthly payments.