Comment on More than 11 million Britons have less than £1,000 in savings

• Shawdow194@kbin.social ⁨11⁩ ⁨months⁩ ago

  In some places government requires vehicles to be
  regularly re-registered at certain intervals and it's usually associated with a bill or fine to update the registration paperwork on the vehicle

  Most cases it's just a way to collect taxes at a local level

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  • blackn1ght@feddit.uk ⁨11⁩ ⁨months⁩ ago

    I think every country in the UK requires vehicle tax information to be resubmitted every year unless Northern Ireland is different? I’ve not heard someone refer to it to vehicle registration before though, only car tax.

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    • Shawdow194@kbin.social ⁨11⁩ ⁨months⁩ ago

      Interesting, I imagine Northern Ireland is no different and also requires it yearly and folks just call it tax. Where I am we pay both a property tax on the vehicle (based on vehicle value at the time) ASWELL as a yearly registration fee to operate the vehicle on public roads. This is all in addition to a titling tax needed once when first obtaining the vehicle (also based on value of vehicle)

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      • GreatAlbatross@feddit.uk ⁨11⁩ ⁨months⁩ ago

        The two main ones in the UK are MOT and VED.
        MOT is a yearly roadworthiness test that costs about £50 (and any repairs required to bring things to standard). VED is roughly correlated with emissions and the price of the car.

        Both of them, interestingly, are not needed if the vehicle is over 40 years old. Though the police can still pull you over if it’s not roadworthy.

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