BMM {Abolition of the vehicle tax disc}

1 October 2014 you will no longer have to display the paper tax disc on a vehicle windscreen. The DVLA will still keep digital records

What does this mean for us?

you will still need to pay vehicle tax, getting a renewal reminder when your vehicle tax is soon due to expire. This applies to all types of vehicles including Vehicles used by a disabled person Mobility scooters, Historic vehicles,Electric vehicles, Mowing machines, Steam vehicles and vehicles used just for agriculture, horticulture and forestry.

What if may tax disc has not expired on the 1st October?

Not to fret you can either remove the tax disc from your vehicle or display the disc until it expires.

buying a vehicle and how do i know if its taxed?

From 1 October 2014, when you buy a vehicle, the vehicle tax will no longer be transferred with the vehicle:

  • Call DVLA to confirm vehicle is taxed.
  • Please insure that you get your new vehicle taxed before you can use it.
  • You can tax your car at a Post Office branch that deals with vehicle tax.

ALSO CHANGES TO THE NATIONAL MINIMUM WAGE 

The government has authorized a rise in the National Minimum Wage to £6.50 per hour.

More than 1 million individuals are to see their pay rise by as much as £355 a year.

The rise  takeing effect in October 2014, including plans for bigger increases in the future than in recent years. The first real terms cash increase since 2008, is manageable for employers and will support full employment.The Low Pay Commission (LPC) has said the rise,

The National Minimum Wage rates from 1 October 2014, as follows:

  • a 5p (2%) increase in the rate for apprentices (from £2.68 to £2.73 per hour)
  • a 7p (2%) increase in the rate for 16 to 17 year olds (from £3.72 to £3.79 per hour)
  • a 10p (2%) increase in the rate for 18 to 20 year olds (from £5.03 to £5.13 per hour)
  • a 19p (3%) increase in the adult rate (from £6.31 to £6.50 per hour)

please check these useful links on universal credit.

What is Universal Credit?

Universal Credit aims to:

  • simplify the benefits system by replacing six existing benefits into a single monthly payment
  • increase work incentives for those who are unemployed or working part-time

Thank you

Published by Business Motivational Mentoring

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