Not complicated. Just my bad for not going back to the price list and legislation/support and doing everything from memory (and in rush). Bottom line is that we should be all okay with a currently priced and spec’ed FE.pjm007 wrote: ↑Fri Jan 26, 2018 1:00 amSorry Boomer - £5 out! This is exactly why its complicated. The VED can be calculated as list (or retail) price plus £550 (not £555) which is the cost of delivery, number plates & VAT.Boomer wrote: ↑Thu Jan 25, 2018 10:53 pmActually this is not quite right. The VED calculation is list price plus (£500) delivery plus (£55) first registration fee. (In this very simple case). Either way the current First editions should be below the £40k threshold. Just don’t add any factory extras (if there were any left to add... haha).
OTR is then the P11D price plus the £555.
The legislation is “clear” but hardly anyone goes back to the source, and what we get is poor expert? reporting by the media/industry. It’s not surprising that joe public is then confused.
For an easier to read summary see http://dvla.dft.gov.uk/ved/ved-reform-briefing2.pdf, and specifically page 3.
Hope this helps all.