DVLA might of got it right for once

[binnzy]

Hi, just got my car tax reminder, apparently I can tax it by direct debit, the direct debit automatically renews until you sell the car or declare sorn, if you sell the car or declare sorn the direct debit is cancelled so you don't have the hassle of claiming a refund, down side is they charge an extra 5% for the privilege, have I got this right.

[GingerMagic]

Aye - I did the same thing in October for my car.

My options were;
£205 for one 12 month payment'
£112.75 for 6 months

Direct debit options were;
£205 for one 12 month payment
£107.63 for 6 months
Or 12 payments over the year, payable on the first of the month, which adds up to £215.15.

I chose the monthly direct debit, as to pay by credit card like I used to do costs an extra £2.50, so paying by monthly DD is an extra £7.50 ish for the year, which I save in interest on my Offset Mortgage account.

Easy.

[binnzy]

Thanks, my tax is £145 for 12 months, £152.25 monthly so I think it's worth £7.25 to take away the hassle of having to renew it or claim a refund

[Welly]

I fully intend using the DD scheme as I never seem to be able to budget for paying my Road Tax in one go (always only pay for 6 months). Mine falls due at the end of January in conjunction with the MOT so it's an expensive time anyway.

[benczuk]

Recently SORN'd my summer car online (though I did mean to do it at the end of October and forgot for two months, oth times remembering just after the start of a new month had ticked by grrr)

It was nice to get a cheque in the post a few days later without having to go though the usual faff of filling in and posting a form off with the tax disk.

Now just have to go to the bank to bank said cheque... one day they will develop the magical ability had by other businesses for years to BACS the money to me..

[Welly]

Now just have to go to the bank to bank said cheque... one day they will develop the magical ability had by other businesses for years to BACS the money to me..

You can enjoy* queuing for 37 minutes whilst the staff try to push their sales at the counter......."who do you have your mortgage with?"....."what about home insurance?"......"do you have children?"

[Rolebama]

Mine ran out end of last month and I decided to go for monthly DD. A doddle to set up and I agree it is easier to cancel DD in the event of selling the car or SORN-ing it for any reason.