DVLA manager explains the importance of taxing your vehicle ‘Millions’ of British motorists are owed hundreds of pounds from the Government due to a simple car tax policy. Drivers may be able to claim hundreds or thousands back from their road tax policy after selling their vehicles. After informing the DVLA that a model has been sold to a new owner, road users can apply for a car tax rebate and claim back months they had already paid. The most expensive car tax is around £2,605 per year meaning road users could be missing out on thousands of pounds worth of savings. Seven million cars changed hands last year meaning it is likely many were unaware of the rebate rules. Drivers may be liable for car tax refunds The news is likely to be a major boost to families as the cost-of-living crisis continues to bite the nation. Tim Alcock, spokesperson for LeaseCar.UK said: ‘Any driver who has recently sold their car after paying road tax will be eligible for a refund from the Government. ‘If you’ve paid your road tax for a whole year, yet sell the car after a couple of months – you will be eligible to receive most of the tax back into your bank account. ‘It’s important to note that the DVLA tax refund only applies for full months, so it’s best to apply for your refund straight away to avoid missing out on any cash.’ According to the DVLA, drivers can get money back if a model is sold or transferred to someone else. Drivers can get a rebate when they sell their cars SUBSCRIBE Invalid email We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info However, refunds may also be issued if a model is taken off the road as part of a Statutory Off Road Notification (SORN). Models that are written off after a crash, scrapped, stolen or exported out of the UK may also be liable for rebates. After informing the DVLA of the changes, officials will cancel your monthly direct debit automatically. However, drivers who pay upfront will be issued a cheque for the remaining months in full. The DVLA claims that the refund is calculated from the date they get sent all of your information meaning it is vital to act quickly. Trending
Britons told to act with ‘millions’ of drivers owed ‘thousands’ due to car tax rule
Sourceexpress.co.uk
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