Anyone know whether this affects Fabias :

BBC :

Vehicles in band B will see VED cut by 30%.

BBC NEWS | Business | Q&A: What the Budget means to you

Sadly not all 1.2 & 1.4's Incl TDI's & 1.9TDI's are band C.

Not for a car registered before March 2001 I'm afraid.....

Chris

My Fabia 1.4 8v MPI is in band F fer gawds sake - supposed to be the same engine as me Felly was, but paying 85 quid for 6 months not 55 like i was. :(

is band c staying the same £110?

thats how I read it to be?

As I understand it B is going down 30% and F is going up 30% (this year). No other changes....

Chris

Fuel tax up 2p in October! :eek:

As I understand it B is going down 30% and F is going up 30% (this year). No other changes....

Chris

Thought it was only highest band that was going up (G

Thought it was only highest band that was going up (G

My Fabia 1.4 8v MPI is in band F fer gawds sake - supposed to be the same engine as me Felly was, but paying 85 quid for 6 months not 55 like i was. :(

Is it an Auto? I pay

Ah could be - thought I heard him say F, but it just says "highest polluters". Fingers crossed, it's just G then

Chris

I think Band F is going up by

http://www.whatcar.com/news-article.aspx?NA=224898

Hmm...it looks like everyone is being clobbered after all......

I think Band F is going up by

Its not as simple as that - You need to take into account lost nterest during those six months that the treasury has to subsidise

Its not as simple as that - You need to take into account lost nterest during those six months that the treasury has to subsidise

Interest less tax:rofl:

Its not as simple as that - You need to take into account lost nterest during those six months that the treasury has to subsidise

Well ok then lets look at the following:

Pre 2001 >1.6ltr =

Well ok then lets look at the following:

Pre 2001 >1.6ltr = £175 for 12 months and 6 months is £96.35

So if you had 2 lots of 6 months then the annual road tax cost would be £192.50 and therefore the APR of buying two lots of 6 months is 10%

A vRS 12 months will cost £110 and 6 months costs £60.50 so buying 2 lots of 6 months would cost £121 and therefore the APR of buying two lots of 6 months is again 10%

Now if your a 20% tax rate payer then you will need an investment to earn you 12.5% or a 40% tax rate payer you will need an investment to earn you 16.67%.

So really anyone in their right mind unless they can get such returns (RISK FREE) then buying the 12 months in one go is a no brainer.

Only a dumb *** would want to pay more tax than really necessary. Unless you enjoy sharing a bed with G Brown? :rofl:

I think you are being slightly harsh. I think some people can't afford to pay so much money in one go and prefer to do it in half installments sort of speak. They may prefer to pay it outright but just can't. It does not make them dumb at all.

Infact it's best to balance out cash flow and split the costs out over longer periods than in one large sum if your income is not so large and have difficulties keeping out of the red each month.

I think possibly they should bring in a scheme where you can pay monthly by direct debit.

Obviously some people would not bother like they do with the 6 month tax but every little helps the people who can't afford the large cash installment

That's the only reason I do it in 6 months chunks. It's rare I've got £120 just kicking about, especially saving up for a wedding and all. £60 is much easier to swallow even if it comes round again faster. Having said that my last car was a 1993 and cost me £97 for 6 months.....hmmm.....

Only a dumb *** would want to pay more tax than really necessary. Unless you enjoy sharing a bed with G Brown?

Not the best of decisions that statement was it!!

Ok well if you think £110 is too much in one go set up a standing order into a car savings (any internet savings account) paying in £10per month then every year you already have the cash and will have a little bit of interest.

This can also be applied to insurance MOT etc.

I.e. for me personally (even though I can easliy afford it) every month I have a standing order set up for £70.

This breaks down as follows - £15 road tax, £30 ins, £5 RAC and the remaining £20 to pay for the MOT and any repairs which are needed each year.

Even if I dont have any repairs I dont reduce the following years monthly payment I maintain it.

And this technique should be applied to every costs you have

lost nterest

- Well I have

I care little how any of you spend your cash in fact the more you end up paying in tax then clearly overall that means the increase for me will be less so thanks again for paying my tax for me keep it up.

While your at it pay your credit cards off at min 3% of balance go on then I can enjoy shifting from 0% deal to 0% deal as your payment style is effectively paying the credit card companys enough to offer the 0% deals to me Go on you know you want to.

lol @ the dumb ***

I care little how any of you spend your cash in fact the more you end up paying in tax then clearly overall that means the increase for me will be less so thanks again for paying my tax for me keep it up.

While your at it pay your credit cards off at min 3% of balance go on then I can enjoy shifting from 0% deal to 0% deal as your payment style is effectively paying the credit card companys enough to offer the 0% deals to me Go on you know you want to.

lol @ the dumb ***

Get a grip, just because someone pays a few quid more tax than you doesn't affect what you pay, it gets wasted by the Government and I would like to know how many credit card companies actually give 0% now, I thought the majority of them changed to 2% Balance transfers. But I don't have a credit card, so I wouldn't know.

You say you can easily aford it, well this must mean you earn a fair bit, therefore, you are paying more tax than other people, therefore, subsidising them.

Putting money into an internet savings account actually incurrs interest and tax, so my advice is put it in an ISA and pay NO TAX at all!!!

Actually shifting from deal to deal will affect your credit rating after to many transfers.

I'm self enployed and I pay a damn site less tax than people on PAYE, so I am being subsidiesd by them.

No need to take the **** out of the so called dumb, now is there?

Get a grip, just because someone pays a few quid more tax than you doesn't affect what you pay, it gets wasted by the Government and I would like to know how many credit card companies actually give 0% now, I thought the majority of them changed to 2% Balance transfers. But I don't have a credit card, so I wouldn't know.

You say you can easily aford it, well this must mean you earn a fair bit, therefore, you are paying more tax than other people, therefore, subsidising them.

Putting money into an internet savings account actually incurrs interest and tax, so my advice is put it in an ISA and pay NO TAX at all!!!

Actually shifting from deal to deal will affect your credit rating after to many transfers.

I'm self enployed and I pay a damn site less tax than people on PAYE, so I am being subsidiesd by them.

No need to take the **** out of the so called dumb, now is there?

I guess after the tax rise yesterday for you (small comp/self employed) your not too happy.

With regard to the put it into a savings account - well Im taking it for granted that everyone here has already used up their noe