How quick/easy is it to remove tax?

Shawn_Dark

I am just wondering if anyone has experience of claiming tax back when selling their car?

I am most likely going to tax the car tomorrow but I am wondering how quickly/easily I can claim my car tax back if I sell it in a week or so?

forgotmyname

Send the disc back to the DVLA with the appropriate form. V14 ?

Shawn_Dark

Okay but if I sell the car, do I simply keep the tax disc and tell the person to tax it themselves?

If so, what happens if they go to the post office and apply for tax before I have applied for a refund? Would be told that the vehicle is already taxed? Or do they simply buy it (i.e. the car is taxed twice) and then I apply for my refund which I get back eventually?

Nebulous2

In my experience the cost of the tax is generally factored into the sale. A car with a long tax remaining would fetch more. If I was buying a car privately I'd be making a lower offer if the current owner said he was retaining the tax disk.

That could be different for a garage however, a friend recently agreed a deal to exchange his car and asked if he could keep the tax disk. The answer was 'Of course you can!' This led me to suspect that he didn't get a very good deal in the first place.

Hintza

Sell the car with VED attached, why mess around.

AdrianC

You can only buy complete months, and you can only refund totally unused months.

So if you buy a tax disc tomorrow, it'll expire 31/3. (Yes, I'm assuming full year - remember that there's a 10% premium on 6 month discs that you don't get refunded) You can only buy a disc starting "next month" in the last two days of the month, if it's coming off SORN rather than a renewal.
If you fill in the refund form the day after, you'll have a refund of May onwards - so one month will be "spent".

The effective refund date is the form date, not the receipt/processing date, so if you post it on the last day of April, you'll get May's tax refunded. I've previously posted them back from abroad (outside Europe) on the last day of the month and still had the refund from posting date.

The form you need is V14 - https://www.gov.uk/apply-for-tax-disc-refund-form-v14

Abu_Yoosha wrote: »

Okay but if I sell the car, do I simply keep the tax disc and tell the person to tax it themselves?

Send it off ASAP, because the refund goes to the registered keeper.

If so, what happens if they go to the post office and apply for tax before I have applied for a refund? Would be told that the vehicle is already taxed?

Yes. It's not "untaxed" (SORNed) until the refund's processed. How could it be? DVLA only know that you're cashing the tax in once they process it.

Norman_Castle

Offer the tax on the car to the buyer at its remaining value. If they don't want it, reclaim it.

SaulGone

Why would you want to claim the tax back? You will get more for the car with it in place. The tax is not registered in your name so I personally would sell it with the car.

If however, you do wish to keep it, I would declare the car SORN BEFORE selling it and get the tax refund that way. At least then you don't have to worry about the new owner taxing the car before you have had it refunded.

redux

AdrianC wrote: »

You can only buy complete months, and you can only refund totally unused months.

So if you buy a tax disc tomorrow, it'll expire 31/3. (Yes, I'm assuming full year - remember that there's a 10% premium on 6 month discs that you don't get refunded)

Yes, this means it's even less worth buying then getting a refund soon after if it's only a 6 month disc.

6 month disc costs 6.6 months

refund is for 5 months

so about 2 weeks worth of tax disc use costs almost a sixth of a year (1.6 months)

Rover_Driver

AdrianC wrote: »

Send it off ASAP, because the refund goes to the registered keeper.

The current or last registered keeper can apply for a refund.

Shawn_Dark

Have decided to keep the car after yet another time waster called to say they cant make it.

Not really suitable for us anymore but it will have to do till we can save up the money for what we want.

At £1200 with a full MOT people wanted it for £1100 with 6 months tax (go figure).

Many thanks all.