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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%.


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

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