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New VED rules, current expiry 30/09

I have two VED reminders for vehicles with expiry on 30/09.


I could pay the £400 on 30/09/14 to tax them both until 30/09/2015; but as from 1st October I don't need a disc, and there will be other payment options.

Now I suspect there's something in the regs that I've not spotted yet, but what's to stop me doing the following:
  1. Declaring both vehicles SORN on 30th September
  2. Parking them both off road for a couple of days
  3. Applying for 12 months' VED to run from 01/10/14 to 30/09/15 on 2nd October
  4. Paying for both of them via 12 months' Direct Debit?
NB: I have read the rules, but I accept I may have missed something. Just wondered if anyone has already considered this and knows the definitive answer.

Comments

  • forgotmyname
    forgotmyname Posts: 33,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No other payment options yet.. At least another month from info on another thread.
    Censorship Reigns Supreme in Troll City...

  • No other payment options yet.. At least another month from info on another thread.

    !!!!!!. Oh well, hand in pocket then.


    How very convenient for them, eh?
  • !!!!!!. Oh well, hand in pocket then.

    Like it has been for the last 20+ years !!!
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
  • Foxy-Stoat wrote: »
    Like it has been for the last 20+ years !!!

    Yep, sadly.
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You could spread the cost by buying 6 months.
  • Herzlos
    Herzlos Posts: 16,341 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    That's not spreading the cost though. I imagine the monthly DD option will be more expensive than buying annually in any case.
  • BenL
    BenL Posts: 3,189 Forumite
    Herzlos wrote: »
    That's not spreading the cost though. I imagine the monthly DD option will be more expensive than buying annually in any case.


    5% surcharge for monthly DD I believe compared to a paid in full annual VED.
    I beep for Robins - Beep Beep
    & Choo Choo for trains!!
  • You could spread the cost by buying 6 months.

    I could, but that's only spreading the cost over 2 payments at a 10% premium, as opposed to over 12 payments at a premium of 5%, which would, of course, be more MSE.


    I can happily afford to tax them both for 12 months anyway, I just wondered if I could just move the £500-odd into my savings and pay for the VED over 12 months DD. Since I can't, I may as well just buy the VED outright and worry about it next year.

    Case closed.
This discussion has been closed.
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