Motor Vehicles: Excise Duties
(asked on 21st January 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will make it his policy that motorists pay the same rate of vehicle tax whether or not they pay by direct debit in instalments.
This question was answered on 26th January 2015
Motorists paying VED annually pay the same rate of vehicle tax regardless of the means of payment. Motorists paying VED by monthly or six-monthly direct debit pay a 5% surcharge, compared to the 10% surcharge on six monthly VED payments. This means that no motorist faces an increased rate of VED as a result of choosing to pay by direct debit. Government has no plans for structural reform of VED this Parliament.
Motorists paying VED annually pay the same rate of vehicle tax regardless of the means of payment. Motorists paying VED by monthly or six-monthly direct debit pay a 5% surcharge, compared to the 10% surcharge on six monthly VED payments. This means that no motorist faces an increased rate of VED as a result of choosing to pay by direct debit. Government has no plans for structural reform of VED this Parliament.