T - Tax

Monday, June 05, 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.