Comment on More than 11 million Britons have less than £1,000 in savings
Shawdow194@kbin.social 4 months agoInteresting, 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)
GreatAlbatross@feddit.uk 4 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.