Monday, 11 May 2015

Road Tax - changes to the rules when you buy or sell a car, motorbike or other vehicle

Following a recent change to the rules, now when a vehicle is sold, the road tax is immediately terminated. The new owner must buy road tax for the vehicle immediately, or risk being clamped and/or fined. This is the case also for couples who transfer ownership of a vehicle between them, but several people have already been caught out by this change. 
The fine/release fee of £200 (halved if you pay within 24 hours) does not include a fee for storage nor a surety (deposit) of £160 for a car or motorcycle, should the vehicle have been removed to a car pound. 

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