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In the United Kingdom it is a requirement to pay Vehicle Excise Duty (VED), which is commonly called road tax or vehicle tax, this is paid annually to the government for a vehicle licence. [36] Previously, vehicle licences in the form of paper tax discs were required to be displayed on vehicles, and this licence would remain valid until its ...
The vehicle registration plates of Cyprus are composed of three letters and three digits (e.g. ABC 123). A simple incremental numbering system is used; numbers run from 001 to 999 per letter sequence (alphabetic), so that, for example, the plate to be issued after MAA 999 would be MAB 001. However, registrants may be allowed to choose a number ...
A Cyprus licence is valid in all EU member states. They are printed on paper but new licences are now plastic credit card style, show the holder's photograph and have the standard EU vehicle categories and EU logo. Offences such as speeding and drink driving are strictly policed and penalty points can be imposed on driving licences when caught.
According to 2002 statistics, the road network in the Republic of Cyprus-administered areas of Cyprus consists of about 7,206 km of paved and 4,387 km of unpaved roads. Although the first motorway in Cyprus, A1 , was completed as recently as October 1985, the country already has the most motorway km per capita (36.8 km /100,000 inhabitants ...
Driving licence in Northern Cyprus is the official document issued in Turkish Republic of Northern Cyprus to authorise its holder to operate various types of motor vehicle on public roads. Obtaining a licence
Taxes in Cyprus are levied by both the central and local governments. Tax revenue stood at 39.2% of GDP in 2012. [1] The most important revenue sources are the income tax, social security, value-added tax and corporate tax, and are all collected by the central government. Income tax is levied on a progressive rate.
The exemption from the registration tax ended on January 1, 2014, and thereafter, all-electric vehicles pay a 4% registration fee and plug-in hybrids a 7% fee. [ 137 ] In addition, the national government offers through the Ministry of Infrastructure and the Environment a €3,000 subsidy on the purchase of all-electric taxis or delivery vans.
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]