← Lessons 15-Vehicle Taxation

12. FINAL MEMORY CHECKLIST

  • Know the two main goods vehicle VED factors: GVW and number of axles.
  • Remember the additional-duty category for the heavy rigid vehicle/drawbar trailer combination stated in the material.
  • Know V55/4 as the first-licence form identified by the source.
  • Refunds are based on full months of unexpired duty in the source material.
  • For international journeys, remember GB plate, V5C, V379 and V103.
  • Know the approved holders and permitted uses of trade licences.
  • Generally, trade-licensed vehicles cannot carry goods or passengers except for the listed exceptions.
  • Trade licences normally start 1 January or 1 July and can be 6 or 12 months.
  • Remember the 28-day appeal period stated for refusal of a trade licence.
  • Recovery vehicles have a unique VED rate and restricted uses.