22-09-14, 06:06 PM
(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.