← Lessons 15-Vehicle Taxation

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.