CEO of the Briitish Insurance Brokers’ Association (BIBA), Steve White, has responded to the announcement of a rise in Insurance Premium Tax.
In response to the rise to 9.5 per cent of Insurance Premium Tax (IPT), Steve White, said:
As of 1 October 2014, the Driving Vehicle and Licensing Agency (DVLA) will stop issuing paper tax discs. HPI, provider of www.hpicheck.com, warns motorists to be aware of the changes and highlights the risk of a fine, as well as facing penalty charges against a vehicle they no longer own.
Just under a century after its introduction, Chancellor George Osborne has announce announced that tax discs will be withdrawn in favour of the electronic register already in operation. Of course, this doesn’t mean an end to vehicle excise duty (VED), just the system by which it is administered. An increase in the use of ANPR (Automatic Number Plate Recognition) equipment is expected in order to enforce the paperless tax regime. The changes due to take effect in October 2014.
A motorist who claimed to have taken so much Viagra he could not leave the house was just one of a number of excuses from people who failed to tax their car.
According to information released by DVLA, motorists caught for not having a tax disc last year used a variety of excuses, which included "My mate said that if the cost of the tax is more than what the car's worth you haven't got to pay it."
One motorist claimed to have fallen out of a tree while fruit picking and broke both arms so they could not fill in the necessary forms, while one motorist even blamed their mobile phone.
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