VED Hike Reversed

RowenaBCAMC
RowenaBCAMC Forum Participant Posts: 1,732 Participant
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edited March 2020 in Motorhomes #1

The VED hike has been reversed in the latest Budget as the chancellor confirms that the tax rise on new motorhomes will be reversed from 12 March 2020...

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  • Tinwheeler
    Tinwheeler Forum Participant Trusted Posts: 23,648
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    edited March 2020 #2

    Yee-ha!

    I believe the club played a part in the consultation exercise so well done all those who helped bring about the reversal. πŸ‘πŸ»πŸ‘πŸ»πŸ‘πŸ»

  • ABM
    ABM Forum Participant Posts: 14,578 Participant
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    edited March 2020 #3

    + 1  here TW !!

    Don't think I'll be going out buying a replacement motor tho' --  'Cos I've just received my Council Theft Bill.

     

     

    P.S. / Edit

     that should, of course, have read " Council Tax Bill "   wink

  • Tinwheeler
    Tinwheeler Forum Participant Trusted Posts: 23,648
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    edited March 2020 #4

    Of course, Brian. πŸ˜‰

    I hear that MH and van VED will be equalised from 1 April 2021 with MHs being registered as vans.

    I wonder if anyone’s considered the slight difference in speed limits for the two registration classes and whether that too will be equalised.

  • hitchglitch
    hitchglitch Club Member Posts: 3,009
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    edited March 2020 #5

    Nearly bought one at the end of last year. Lucky!

  • Tinwheeler
    Tinwheeler Forum Participant Trusted Posts: 23,648
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    edited March 2020 #6

    Phew, close thing there, HG.

    There could be people regretting buying at the beginning of the month to get a 20 reg MH.

  • hitchglitch
    hitchglitch Club Member Posts: 3,009
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    edited March 2020 #7

    Although the tax increase was for good environmental reasons it was draconian and baffling as you would be paying many thousands of pounds extra for an engine with a better emissions performance. Usually such measures are phased in with ample warning so that manufacturers, middle men and consumers have time to adjust. Good news for the industry.

  • cyberyacht
    cyberyacht Club Member Posts: 10,224
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    edited March 2020 #8

    Had a guy show up with a shiny new 20 plate Benimar the day before yesterday. Bet he's not a happy bunny.

  • Aspenshaw
    Aspenshaw Forum Participant Posts: 611 Participant
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    edited March 2020 #9

    The pressure groups, including the CMC, deserve our gratitude. So, thank you.

     

     

  • Heethers
    Heethers Forum Participant Posts: 641 Participant
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    edited March 2020 #10

    Always was a barmey idea would have shut many manufacturers down

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