How to Claim a Road Tax Refund
Car tax, road tax, Vehicle Excise Duty – it doesn’t matter what you call it, it’s still no fun forking out cash for it. The VED rules have been changing in recent years, partly because the whole motor industry’s moving into a strange new world of electric cars and hydrogen-powered engines. Every year, more environmentally friendly vehicles are taking to the streets, and the government’s looking for ways to encourage that trend.
What if you’re giving the road up altogether, though – or at least ditching your personal vehicle? Maybe you’re switching to a company car instead or exclusively using public transport. Is the tax you’ve already paid on your vehicle gone forever? Actually, no. In fact, you can claim tax back left on your vehicle when you scrap it or sell it on. It’s not even particularly difficult to do. There are very few hoops to jump through to get your money – and how often can you honestly say that about the tax system?