Now that Nationwide uk have reduced interest rate on easy access to 2.50%
I'm thinking of opening an KBC Interest up front account, rate 3.20% to avoid any increase in dirt tax.
Are there any pitfalls to look out for in doing this.
Taxing a car from Jan'13
If you motor tax is out on the end on December'12 - tax you vehicle from 1st December to close of business on budget day to avoid any possible tax increases.
Now that Nationwide uk have reduced interest rate on easy access to 2.50%
I'm thinking of opening an KBC Interest up front account, rate 3.20% to avoid any increase in dirt tax.
Are there any pitfalls to look out for in doing this.
It's not possible if you have already paid the motor tax until the end of December already.
Those letters are held back so budget increases can be applied.You will get notification in early December to renew during December, and you should renew immediately. I doubt if they will pursue you for any increase in the budget.
Motor tax rates
Motor tax rates for all categories will increase. (1 January 2011)
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Taxing a car from Jan'13
If you motor tax is out on the end on December'12 - tax you vehicle from 1st December to close of business on budget day to avoid any possible tax increases.
My motor tax expiring 31st December, how do I physically renew it early? I havent received a renewal notice!!!!!