Talk Morgan Forums Morgan Sports Cars Morgan Plus Four, Supersport & Plus Six (CX & CXV Generation Vehicles) UK car tax on CX Plus Four - bit of a rant

I just don't think that mileage is a simple metric to work with, because it's wide open for abuse. Where a car can be clocked, it will be. Even with a tracker, there will be those capable of fixing the numbers. And trailered cars would show distance covered without being driven.

If you can afford a Morgan, you are rich and therefore the tax collector must suck greedily on your nipples to feed the poor and the feckless.

...but Dave, soon trackers will be mandatory on all new vehicles and installed on older ones at time of MOT...





(ps - as I'm sure you're aware, modern trackers are intelligent enough to know when a vehicle is moving without the engine on (your trailer example) and therefore Rachel will let you off paying for those miles (or will she because that trailer is still taking up 'road space' )

Simple solution, ]just put camera's on every street corner............whilst they may be subject to vandalism, should be able to capture vehicle movements, but then fake/cloned plates will be used..................

If you can afford a Morgan you have entered often into a bottomless pit of never ending expenditure (compared to many other cars) and actually should be given a discount for supporting British Industry and it's supply chains........Morgan ownership shoud be recognised and appreciaited for it's ongoing contribution, intentional or otherwise, to the UK economy.

People will always try and often get round certain taxes and costs. There are bright criminals out there who will hack cost per mile. Or we all rush out and drive when the system goes down ! People started to park their cars in their front gardens when parking permits came in . Result rain run off issues, Increased parking permit costs for my second car, so it now sits on a snug drive with no wall. I didn’t rebuild it when a vehicle knocked it down.. Taxing, it goes on and on but I appreciate new thinking might be needed. Our council allows flat developments but restrict the number of vehicle spaces on planning or will not allow permits for the flat owners . They don’t want cars or wood burners in London !! Great freedoms but it’s in our best interests.
MM

Buy old stuff. No tax or Mot to worry about

Like cigarettes - estimated up to 20% are smuggled into the UK.

The i3 is a relatively recent acquisition purchased in May. Its a 2022 with 28k miles for a not unreasonable £11.5k. It very much does the job we got it for. It does all the local errand trips. It is very nimble, Outrageously rapid if you want it to be. Consummately simple to get in and drive. Very roomy for a compact car. Still looks good inside and out to my eye. And promises to be very very economical to run. There is only one flaw that must be mentioned - and that is the quite harsh ride quality. But hey one of our other cars is a Morgan......!

As for the general gripes here about tax take, as a retiree and one of the gilded "baby boomer" generation I will not join the general complaints, and I say this as one who pays tax at 45% - (although I do complain about the ridiculous anomaly that results in an effective tax rate of 60% on income between £100k and £125k caused by the loss of personal allowance).
Frankly our generation has little to complain about and much to redress when we look at the heritage we pass to our children - after being governed by mostly CONSERVATIVE governments throughout my lifetime - everyone it seems wants to cast aspersions about Rachel Reeves and Labour who inherited our post brexit, post Conservative mess.

My retirement income is made up from several final salary occupational pension schemes - of a type and scale of benefit generally no longer available to subsequent generations. These pensions are supplemented by draw down from a SIPP where my contributions earned generous tax relief, so I can hardly complain that I am then taxed only on the income withdrawn, and not on the capital gains made within the funds.

Tax I am afraid is the cost of a civilised functioning society, and with an ageing population profile, more of the burden probably need to be directed towards us oldies who clog up the NHS and sit comfortably with out over inflated housing equity, whilst enjoying frivolous retro styled sports cars!

Don’t forget the SIPP becomes subject to IHT from April 2027. Gets even worse after age 75

The "Double Tax" Risk After Age 75Dying at age 75 or older after April 2027 creates a heavy tax burden:Inheritance Tax (IHT): The estate pays 40% tax on the pension value that sits above the standard tax-free threshold (usually £325,000).Income Tax: Beneficiaries must also pay Income Tax at their personal rate (up to 45%) when they withdraw the money from the inherited pension.Combined Impact: The total tax taken by the government can exceed 60% of the pension's original value because both taxes apply.

I do smile at this, the Governments have allowed your contributions to the pension pot to be free of income tax, your employees contributions were allowable expense against Corporation tax, a massive hit to the Exchequer. As long as your pot is with in the lifetime limit you can take 25% free of any taxes. not just on the value of your contribution but the entire pot including your employers contributions which most schemes tend to be the lion's share,of the contributions...............But people have tried to use the genereous pension allowances for inheritance tax avoidance and now the death duties taxation have caught up with those shemes and put all your estate whether it be cash, property, pension on a catch everything basis of taxation..

Why should an estate which has money stashed away in a pension pot be treated any differently to other assets eg house, shares, cash upon your death, seems unjust to those that don't have money in pension pots but in their house or whatever.....it now .seems more equitable to me.....it's an entirely different debate about the existence of death duties,.....but if we are to have them, then its applied equitably to everything.

The total cost to the UK Exchequer of tax and National Insurance relief on pension contributions is estimated at £59.1 billion for the 2025/26 tax year, according to HM Revenue & Customs (HMRC)

Breakdown of the CostsIncome Tax Relief:

Estimated at £33.5 billion for 2025/26 (with historical breakdowns showing roughly 57% benefiting higher-rate taxpayers and 14% benefiting additional-rate taxpayers).National Insurance Contributions (NICs) Relief:

Estimated at £25.6 billion for 2025/26, which includes employer contributions and salary sacrifice arrangements.

That £59.1 bn per year in tax relief would help finance and sort a lot of our current problems out.....might eventually lead to not requiring death duties.......