Date: 18-11-17  Time: 14:03 PM

Author Topic: The 2017 Spring Budget (the Fazer-related bits)  (Read 339 times)

Fazerider

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The 2017 Spring Budget (the Fazer-related bits)
« on: 08 March 2017, 02:25:56 PM »

Since it normally never makes the headlines… or even the Chancellor's speech, here are the changes to "road tax" from 1st April as dug out from "Annex A".


Vehicle Excise Duty (401cc to 600cc) up from £60 to £62.
Vehicle Excise Duty (over 600cc) up from £82 to £85.


And, to keep the inflationary theme going, Insurance Premium Tax goes up from 10% to 12%.

celticdog

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #1 on: 08 March 2017, 02:39:06 PM »

Since it normally never makes the headlines… or even the Chancellor's speech, here are the changes to "road tax" from 1st April as dug out from "Annex A".


Vehicle Excise Duty (401cc to 600cc) up from £60 to £62.
Vehicle Excise Duty (over 600cc) up from £82 to £85.


And, to keep the inflationary theme going, Insurance Premium Tax goes up from 10% to 12%.

The Ba5tards!
Treat everything in life the way a dog would- if you can't eat it or foc it, forget it.

andybesy

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #2 on: 08 March 2017, 02:49:27 PM »
The insurance premium tax is going up again and again. Only a couple of years ago it was 6% - now 12%.

I don't think VAT is charged on insurance and so I wonder if they intend to steadily increase to match the VAT rate?

It has a big impact on home insurance too, and other instance products which affect small businesses in particular.

Andy

« Last Edit: 08 March 2017, 02:50:05 PM by andybesy »

Grayo

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #3 on: 08 March 2017, 02:58:50 PM »

Since it normally never makes the headlines… or even the Chancellor's speech, here are the changes to "road tax" from 1st April as dug out from "Annex A".


Vehicle Excise Duty (401cc to 600cc) up from £60 to £62.
Vehicle Excise Duty (over 600cc) up from £82 to £85.


And, to keep the inflationary theme going, Insurance Premium Tax goes up from 10% to 12%.
And they wonder why so many youngsters are caught driving without Insurance.


Because the fines (if you happen to get caught by our ever declining Traffic Police) are less than the extortionate policies and Premium Tax that you keep loading on them you fecking clueless numpties, that's why !!


Rant over.



I could change my opinion, but then we'd both be wrong.

fazersharp

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #4 on: 08 March 2017, 03:12:55 PM »
Lesson learnt for everyone.
Don't ever be fooled or fobbed off when the government of the day says "oh it will only be a 2-4" or whatever % tax when it is introduced so that the stupid public don't kick-off. But once a tax has been implemented it will only ever increase.   
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KENT62

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #5 on: 09 March 2017, 08:19:03 AM »
Unreal.  Given that bikes damage the roads less than cars and are subject to all new emission controls, what aren't they zero rated like some cars????
Laziness leads to efficiency!

crickleymal

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Re: The 2017 Spring Budget (the Fazer-related bits)
« Reply #6 on: 09 March 2017, 12:18:17 PM »

And they wonder why so many youngsters are caught driving without Insurance.


Because the fines (if you happen to get caught by our ever declining Traffic Police) are less than the extortionate policies and Premium Tax that you keep loading on them you fecking clueless numpties, that's why !!


Rant over.
Ain't that the truth.
Malc

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