We use cookies on whatcar.com to improve your browsing experience and to provide you with relevant content and advertising, by continuing to use our site you agree to this. Please see our privacy policy for more details. Continue

T - Tax

05 June 2006

Tax - All vehicles used or kept on the roads must have a valid tax disc. (See Road tax.) Company drivers also face benefit-in-kind taxation. (See also Company cars/tax.)

Tax also accounts for more then 70% of the price of each litre of fuel you buy. VAT is also payable on new car purchases at the standard rate of 17.5%.

Glossary

Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.

Haymarket Logo What Car? is brought to you by Haymarket Consumer Media
What Car? is part of Haymarket Motoring
© Haymarket Media Group 2014