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Donors need to fulfil certain post-donation requirements to qualify for the tax deduction, [1] such as obtaining a written acknowledgment of the car's subsequent sale by the charity, [2] and itemizing tax returns instead of taking the standard deduction.
Vehicle registration plates (commonly referred to as "number plates" in British English) are the alphanumeric plates used to display the registration mark of a vehicle, and have existed in the United Kingdom since 1904. It is compulsory for motor vehicles used on public roads to display vehicle registration plates, with the exception of ...
Motoring taxation in the United Kingdom consists primarily of vehicle excise duty (commonly known as VED, vehicle tax, car tax, and road tax), which is levied on vehicles registered in the UK, and hydrocarbon oil duty (normally referred to as fuel tax), which is levied on the fuel used by motor vehicles.
Tax revenues as a percentage of GDP for the UK in comparison to the OECD and the EU 15. In 1971, the top rate of income tax on earned income was cut to 75%. A surcharge of 15% on investment income kept the overall top rate on that income at 90%. In 1974 the top tax rate on earned income was again raised, to 83%.
It is a legal requirement in the UK for most types of motor vehicle to be registered if they are to be used on the public road. [1] All new and imported vehicles are required to be entered onto the register, which is administered by the Driver and Vehicle Licensing Agency (DVLA) in Great Britain and by Driver & Vehicle Agency (DVA) in Northern ...
Vehicle registration plates of the United Kingdom, Crown dependencies and overseas territories include: Vehicle registration plates of the United Kingdom; Vehicle registration plates of Northern Ireland; Vehicle registration plates of the Isle of Man; Vehicle registration plates of Jersey; Vehicle registration plates of the Bailiwick of Guernsey
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]
His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.