No, not VED, but the tax that got added to VAT when that was introduced and was necessary to make up the shortfall after purchase tax.
I assume it still exists, but can anyone confirm? Googling just produces references to other sorts of taxation, but I can't imagine it's been dropped. Has it had a name change and is it still around 10%?
Edited by Pugugly on 09/12/2009 at 10:38
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Thank you, chaps - I stand corrected. I recall an argument over certain vehicles (e.g. motor caravans) attracting 'car tax' when they weren't cars, but that must have been over ten years ago. How time flies...
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I seem to recall it was abolished about the same time as Catalytic converters/Unleaded became compulsory (around 1992 ?) as the 'industry' howled about the need to raise every car by £800 or so for the new technology.
Funnily enough as the tax (10%) was removed most manufacturers bumped their prices 5-10% citing 'the weakness of the pound' as the reason.
Parallels nicely with the fat increases in list prices coinciding with the £2000 scrappage deals.
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That might explain why I thought it still existed. I'm sure I'd have noticed if prices had gone down! Good to see that the ratchet principle is still alive and well...
BTW, do you think if I found an old VW 411 (which had a separate, petrol-fired heater) it would qualify for both car and boiler scrappage?
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