← Lessons 15-Vehicle Taxation Quiz 0 / 12 read 1. INTRODUCTION 2. VEHICLE TAXATION 3. FIRST LICENCES 4. REFUNDS 5. VEHICLE LICENSING FOR INTERNATIONAL JOURNEYS 6. TRADE LICENCES – APPROVED HOLDERS 7. PERMITTED USES OF TRADE PLATES 8. TRADE LICENCES – CARRIAGE OF GOODS AND PASSENGERS 9. APPLICATIONS FOR A TRADE LICENCE 10. RECOVERY VEHICLES 11. QUICK EXAM NUMBERS / FACTS – MEMORISE THESE 12. FINAL MEMORY CHECKLIST 11. QUICK EXAM NUMBERS / FACTS – MEMORISE THESE Goods vehicle VED: key factors are GVW and number of axles. Over 12,000 kg GVW rigid vehicle towing a drawbar trailer over 4,000 kg: additional duty identified in the material. V55/4: first goods-vehicle licence form identified in the material. Refunds: only full months of unexpired duty are payable. International journey documents: GB plate, V5C; V379 if V5C unavailable; V103 for a hired vehicle. Trade licences: normal start dates 1 January or 1 July. Trade licence periods: 6 or 12 months. First trade licence: probationary, 6–12 months to align with the normal renewal point. Trade plates: a pair, red letters on a white background. Trade licence refusal appeal: 28 days, according to the training material. Recovery vehicles: unique VED rate and restricted permitted uses.