Taxing a vehicle as a trader

glentoran99

If its any help you can now register new keeper online and you'll get the new log book in a few days

arcon5

glentoran99 wrote: »

If its any help you can now register new keeper online and you'll get the new log book in a few days

A few days? Is that really all it takes now?

arcon5

arcon5 wrote: »

Can't you just use the document ref code on the green slip, then not send the log book to the dvla. It'll be marked as taxed and when its sold fill in the log book and send it off with the new buyers details.

Going back to my previous suggestion....

What happens if op uses the greenslip (V5C/2) to take it, then doesn't send in the log book with new owners details?
What happens if say they haven't received it still after a month.

My thoughts are can op get round it by using the v5c/2 code, then a month later send the log book in when sold so the buyer then uses the code again

glentoran99

arcon5 wrote: »

A few days? Is that really all it takes now?

Yep, did mine online on the Friday and had a new log book by the following thursday

glentoran99

https://www.gov.uk/sold-bought-vehicle

glentoran99

arcon5 wrote: »

Going back to my previous suggestion....

What happens if op uses the greenslip (V5C/2) to take it, then doesn't send in the log book with new owners details?
What happens if say they haven't received it still after a month.

My thoughts are can op get round it by using the v5c/2 code, then a month later send the log book in when sold so the buyer then uses the code again

I wouldn't have thought you could use the same new keeper slip twice to tax a vehicle

AdrianC

glentoran99 wrote: »

Which I imagine is why the OP was asking how he can tax it as a trader

And you've just quoted the answer.

He can't, because he doesn't need to.
It's either in the trade, so doesn't need taxing, or it should be registered.

EcoR1

AdrianC wrote: »

And you've just quoted the answer.

He can't, because he doesn't need to.
It's either in the trade, so doesn't need taxing, or it should be registered.

That really is the long and short of it. If it's to be used for anything other than trade purposes it needs to be registered to the trader and taxed accordingly.

bigjl

Sounds like the OP is a small time trader.

Simplest solution is to put the car into the companies trading name if he wants to avoid having the vehicle in his spouses name.

arcon5

bigjl wrote: »

Sounds like the OP is a small time trader.

Simplest solution is to put the car into the companies trading name if he wants to avoid having the vehicle in his spouses name.

How would that change things? It wouldn't need to be in the spouses name anyway, op could register it and tax it himself. He's asking how he can use the yellow slip thing to keep hold of the log book and tax it without having to wait for a new logbook.