Sorn/Tax Now in March

Sorn/Tax Now in March

Author
Discussion

jonny finance

Original Poster:

955 posts

218 months

Monday 3rd March
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Just a thought. Like many, my car is put away before winter and resurfaces when Spring is upon us.
Being careful with my hard earned credit, I Sorn for this period and re tax April/May time.
There are some massive road fund license tax hikes imminent from 1st April - I’ve re taxed a bit early, still at current rates.
Not sure what the car will cost to tax next month but surely this might be one of my smarter moves..

Just thought I’d share with my fellow Porsche comrades



MannyLon

1,986 posts

218 months

Monday 3rd March
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Thought the tax increase was for new cars?

TDT

5,791 posts

131 months

Monday 3rd March
quotequote all
MannyLon said:
Thought the tax increase was for new cars?
It is only for new cars and all EVs that were previously exempt

coffeekid

81 posts

133 months

Monday 3rd March
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Its up £5 from £190 to £195 and the expensive car supplement is up from £410 to £425

GT_cars

34 posts

1 month

Monday 3rd March
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All cars are up but mine is going from £600 to £620.

So to guess I would say a £20 across the board rise PA on petrol cars under 5 years old but over £40k

EV cars was £10, now will be £195 these will also have the £420 added for being over £40k.

what is annoying is between March 2001 and April 2017 a high co2 car will be £735. But a 2018 v12 Lambo hi co2 car will be £195 lol that's madness.
I think all other cars are just up a fiver PA.

Discombobulate

5,412 posts

198 months

Monday 3rd March
quotequote all
GT_cars said:
All cars are up but mine is going from £600 to £620.

So to guess I would say a £20 across the board rise PA on petrol cars under 5 years old but over £40k

EV cars was £10, now will be £195 these will also have the £420 added for being over £40k.

what is annoying is between March 2001 and April 2017 a high co2 car will be £735. But a 2018 v12 Lambo hi co2 car will be £195 lol that's madness.
I think all other cars are just up a fiver PA.
EVs were free to tax, not £10. And over the over £40k premium only applies to new EVs post the changes next month.

JurassicGTS

1,774 posts

207 months

Monday 3rd March
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Just re-taxed our EV even though it had 5 months still to go, so now have 12 months on zero rate biggrin:

jonny finance

Original Poster:

955 posts

218 months

Monday 3rd March
quotequote all
If one was really clever. Sorn, wait 4 days and re tax..
The info out there regarding new car rates is reasonably straight forward, albeit eye watering in lots of cases.
Just can’t seem to nail down the increases for cars which are already registered along with the age brackets??

Discombobulate

5,412 posts

198 months

Monday 3rd March
quotequote all
jonny finance said:
If one was really clever. Sorn, wait 4 days and re tax..
The info out there regarding new car rates is reasonably straight forward, albeit eye watering in lots of cases.
Just can’t seem to nail down the increases for cars which are already registered along with the age brackets??
If you have an EV and want to get an extra year of no VED, then just re-tax. No need to SORN first. You can do the same with all cars, but you may well lose the month you are in so negate any saving.

coffeekid

81 posts

133 months

Monday 3rd March
quotequote all
jonny finance said:
If one was really clever. Sorn, wait 4 days and re tax..
The info out there regarding new car rates is reasonably straight forward, albeit eye watering in lots of cases.
Just can’t seem to nail down the increases for cars which are already registered along with the age brackets??
All relatively small rises for cars already registered

Nuttcase

516 posts

132 months

Monday 3rd March
quotequote all
GT_cars said:
All cars are up but mine is going from £600 to £620.

So to guess I would say a £20 across the board rise PA on petrol cars under 5 years old but over £40k

EV cars was £10, now will be £195 these will also have the £420 added for being over £40k.

what is annoying is between March 2001 and April 2017 a high co2 car will be £735. But a 2018 v12 Lambo hi co2 car will be £195 lol that's madness.
I think all other cars are just up a fiver PA.
True but you would have paid a ~£2k first year tax on a 2017+ supercar and also the premium for cars costing over £40k for the next 5 years which I think was ~ £400 PA at the time.

jcosh

1,231 posts

244 months

Monday 3rd March
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My 2017 911 is currently something like £16 per month. Not worth putting on SORN. Not sure it will go up a bit.

woodysnr

1,089 posts

240 months

Tuesday 4th March
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Just watch about doing a sorn short term, if you do you have to wait a full 5 working days before you can re tax or go to PO and do it .