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VED and fuel tax raised approximately £32 billion in 2009, a further £4 billion was raised from the value added tax on fuel purchases. Motoring-related taxes for fiscal year 2011/12, including fuel duties and VED, are estimated to amount to more than £38 billion, representing almost 7% of total UK taxation. [1]
From 2010 a new first year rate is to be introduced – dubbed a showroom tax. This new tax was announced in the 2008 budget, and the level of tax payable will be based on the vehicle excise duty band, ranging from £0 for vehicles in the lower bands, up to £950 for vehicles in the highest band. [40] [41]
The agency issues driving licences, organises collection of vehicle excise duty (also known as road tax [1] and road fund licence) and sells personalised registrations. The DVLA is an executive agency of the Department for Transport. The current Chief Executive of the agency is Julie (Karen) Lennard. [2]
In the UK the document is the V5C, also commonly called the "log book". [2] The document is issued by the DVLA and tracks the registered keeper of the vehicle. When a vehicle is transferred, exported, scrapped or had major modification (new engine, chassis or factors affecting the taxation class) the form is returned to the DVLA with details of the required changes, who then issue a new ...
Black number plates with white or silver characters are permitted on older vehicles, if registered under the Historic Vehicle taxation class and constructed prior to 1973 (subsequently amended to those constructed prior to 1980). This vehicle was registered in Truro. The front plate of a vehicle registered in County Down issued prior to 2021.
Vehicle registration tax (Ireland) Vignette (road tax) W. Wheel tax This page was last edited on 21 August 2023, at 16:58 (UTC). Text is available under the ...
The Vehicle first registration fee is the fee charged by the Government of the United Kingdom to register a vehicle for the first time with the DVLA. The applicable fee was £38.00 in 2006. [1] Since 2008, the applicable fee has been £55.00.
From 1 October 2014, it is no longer a legal requirement to display a vehicle excise licence (tax disc) on a vehicle. [5] This has come about because the whole VED process can now be administered electronically and alongside the MID, doing away with the expense, to the UK Government, of issuing paper discs.