Well the road tax is due on the MT, £44 for 6 months or £80 for the year. So that works out at 10% intrest if you pay it in 2 installments, erm no that would be the case if you got the tax now and paid for it in 12 months time, what you are doing is paying £44 now (borrowing £36 for 6 months) so now the rate has gone up to 44.5%, arr but there's the extra cost involved in.......... not printing two tax discs not posting two envelopes ........just an electronic transfer which costs about the same as a text does.
I think the rate should be £40 and £80 but then who would pay for the full year? I'm paying the full amount as I get about 1.5% on my savings.
I bought mine on Sunday morning online and thought 10% extra for the year was a bit steep. Instead I did a 6 month one so I could ride the bike and plan to go to the monthly payment once that runs out.
Another ex-Fazer rider that is a foccer again
22-09-14, 05:37 PM
(This post was last modified: 22-09-14, 05:40 PM by BBROWN1664.)
yes they will be charging for monthly payments but it is meant to be less than the 6 month increase and you don't need to remember to renew it every year as it keeps rolling on as long as you have MOT and insurance..
Another ex-Fazer rider that is a foccer again
(22-09-14, 02:26 PM)chaz link Wrote: Well the road tax is due on the MT, £44 for 6 months or £80 for the year. So that works out at 10% intrest if you pay it in 2 installments, erm no that would be the case if you got the tax now and paid for it in 12 months time, what you are doing is paying £44 now (borrowing £36 for 6 months) so now the rate has gone up to 44.5%, arr but there's the extra cost involved in.......... not printing two tax discs not posting two envelopes ........just an electronic transfer which costs about the same as a text does.
I think the rate should be £40 and £80 but then who would pay for the full year? I'm paying the full amount as I get about 1.5% on my savings.
Mate ---- you should be in number 11
I don't do rain or threat there of. dry rider only with no shame.
Joerock............. if you tax it for 6 months you pay £44 now so you defer payment of the rest of the £80 for 6 months that = £36 you then pay another £44 so you have paid £8 extra to "borrow" £36 for 6 months, it's as clear as a foggy night?
If you can afford to own and ride a bike then you can afford to tax it.
Accountant perchance? :lol
More people are born because of alcohol than will ever die from it.
23-09-14, 08:37 AM
(This post was last modified: 23-09-14, 08:40 AM by fazersharp.)
Per mile my bike costs me more than doubble to tax than my car does due to the milage done on the bike, so I would prefer the tax to be on the fuel,but then you end up paying tax to cut your grass so that can of petrol is now a can of worms :z
I don't do rain or threat there of. dry rider only with no shame.
Cage: 5 years old 1100cc VED £30 per annum Average mpg 55. Annual mileage 8000
Bike : 11 years old 600cc VED £58 " " " " 55 " " 3000
Surely the only fair way would be to tax vehicle use-the more you drive/ride the more you wear the road out! :lol This myth of "Road Tax" persists- its a vehicle tax since none of it is used to maintain the roads. The simplest way to achieve this would be extra duty on fuel-the more you drive-the more you pay. This in turn might encourage some drivers to rethink their car use-my own particular pet hate is the school run drivers who cause chaos around the local schools each weekday morning/afternoon in their whopping great kiddie carriers. Dont any kids walk anywhere anymore?
:agree
Add the duty to fuel. That way I would not have to pay when the vehicles are not being used. At the moment in my house we have the following:
My car - Used 4-5 times a week at the moment but paying £250 (ish) a year for tax so I can park it in the road.
My van - Used once a week on average but paying £250 (ish) a year for tax so I can park it in the road.
My bike - used once a month on average but paying £80 a year
Wifes car - used daily paying £200 ish a year
Sons car - Used fec all as he is at university but paying £250 (ish) a year for tax so I can park it in the road.
Sons bike - will probably get SORN when it runs out as he is away at Uni and we keep it off road.
Other years I will do 20,000 business miles and accept I would pay more for tax but the fairest way is to pay as you use. The government made a big thing about car tax being related to emissions. Fuel consumption is directly related too really. The more fuel you use, the more you pay.
Another ex-Fazer rider that is a foccer again
At the end of the day it is down to the individual how many miles he/she does on a bike. Perhaps seasonal bikes used say below 2k miles a year should attract a enhanced 'luxury' tax.
As for the original post I tend to think of tax being 88 quid a yr and I get 10% multi buy purchase discount
Women have chocolate men have bikes.....
including ones who like chocolate....
(23-09-14, 10:53 AM)midden link Wrote: . Perhaps seasonal bikes used say below 2k miles a year should attract a enhanced 'luxury' tax.
:nana
I don't do rain or threat there of. dry rider only with no shame.
![[Image: 242673.png]](http://badges.fuelly.com/images/smallsig-uk/242673.png)
![[Image: 174802.png]](http://badges.fuelly.com/images/smallsig-uk/174802.png)