Question about tax/sorn
Options
My motorbike is a hobby but not one I do all year round. I passed my test in March last year and rode on sunny weekends, my last ride was mid October. As a new rider I’m happy being a fair weather one and accept that to be able to enjoy the sunny days, I need to pay for the cold rainy ones too.
However I’m also an MSE forum member. So where I can save money I’d like to. I can’t save on MOT, and I already do comparisons for insurance, do our own servicing etc. The only place I can see I could save some money is tax. Admittedly it’s not going to be a huge saving, but last year I paid for 3 months of tax when the bike just sat in the garage.
I’ve just had the renewal through, so it’s got me thinking. Cash flow isn’t a problem so I usually take the cheapest overall option (pay off in one go by card). I have never sorn a vehicle before but I’m tempted. Tempted to pay a year of tax (on credit card now that we can- cashback!) and then sorn it Nov- Feb. Is this do-able? Can you sorn a vehical for only 3 months? If so do you get 3 months refunded if you’ve paid it all in advance?
Does anyone else do this?
Thanks for your thoughts.
However I’m also an MSE forum member. So where I can save money I’d like to. I can’t save on MOT, and I already do comparisons for insurance, do our own servicing etc. The only place I can see I could save some money is tax. Admittedly it’s not going to be a huge saving, but last year I paid for 3 months of tax when the bike just sat in the garage.
I’ve just had the renewal through, so it’s got me thinking. Cash flow isn’t a problem so I usually take the cheapest overall option (pay off in one go by card). I have never sorn a vehicle before but I’m tempted. Tempted to pay a year of tax (on credit card now that we can- cashback!) and then sorn it Nov- Feb. Is this do-able? Can you sorn a vehical for only 3 months? If so do you get 3 months refunded if you’ve paid it all in advance?
Does anyone else do this?
Thanks for your thoughts.
0
Comments
-
Yes that's the way to do it.
You only get full month's refunded0
This discussion has been closed.
Categories
- All Categories
- 343.6K Banking & Borrowing
- 250.2K Reduce Debt & Boost Income
- 449.9K Spending & Discounts
- 235.7K Work, Benefits & Business
- 608.7K Mortgages, Homes & Bills
- 173.3K Life & Family
- 248.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards