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+--- Thread: The 2017 Spring Budget (the Fazer-related bits) (/showthread.php?tid=77606)
The 2017 Spring Budget (the Fazer-related bits) - Fazerider - 08-03-17
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%.
Re: The 2017 Spring Budget (the Fazer-related bits) - celticdog - 08-03-17
(08-03-17, 03:25 PM)Fazerider link Wrote: 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!
Re: The 2017 Spring Budget (the Fazer-related bits) - andybesy - 08-03-17
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
Re: The 2017 Spring Budget (the Fazer-related bits) - Grayo - 08-03-17
(08-03-17, 03:25 PM)Fazerider link Wrote: 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".And they wonder why so many youngsters are caught driving without Insurance.
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%.
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.
Re: The 2017 Spring Budget (the Fazer-related bits) - fazersharp - 08-03-17
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.
Re: The 2017 Spring Budget (the Fazer-related bits) - KENT62 - 09-03-17
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????
Re: The 2017 Spring Budget (the Fazer-related bits) - crickleymal - 09-03-17
(08-03-17, 03:58 PM)Grayo link Wrote: And they wonder why so many youngsters are caught driving without Insurance.Ain't that the truth.
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.