{"id":1202,"date":"2015-11-27T00:38:53","date_gmt":"2015-11-26T17:38:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ministers-lose-80m-in-revenue-after-scrapping-car-tax-discs\/"},"modified":"2016-01-11T23:11:04","modified_gmt":"2016-01-11T16:11:04","slug":"ministers-lose-80m-in-revenue-after-scrapping-car-tax-discs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ministers-lose-80m-in-revenue-after-scrapping-car-tax-discs\/","title":{"rendered":"Ministers lose \u00a380m in revenue after scrapping car tax discs"},"content":{"rendered":"<p>&#013;<br \/>\nDVLA decision found to have backfired as figures show government has lost as much as eight times as it hoped to save The government looks to have lost as much as \u00a380m of revenue as a result of its decision to scrap car tax discs a year ago. The move has also led to a doubling in the number of unlicensed vehicles on British roads.The Driver and Vehicle Licensing Agency (DVLA) ended the need for drivers to display a valid tax disc in October 2014, saying that the move would save the taxpayer \u00a310m a year by making the system more efficient. However, that decision looks to have backfired, after official figures published on Thursday showed that the exchequer has lost as much as eight times the intended saving. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2015\/nov\/26\/ministers-lose-80-million-revenue-after-scrapping-car-tax-discs\" target=\"_blank\">Ministers lose \u00a380m in revenue after scrapping car tax discs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; DVLA decision found to have backfired as figures show government has lost as much as&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1202","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-jo","jetpack-related-posts":[{"id":23299,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dvla-disputes-400m-revenue-loss-following-abolition-of-tax-disc\/","url_meta":{"origin":1202,"position":0},"title":"DVLA disputes \u00a3400m revenue loss following abolition of tax disc","date":"August 18, 2016","format":false,"excerpt":"\r Freedom of information request reveals huge drop in vehical excise duty but agency calls the figure \u2018misleading\u2019The decision to scrap paper car tax discs cost the government more than \u00a3400m in revenue in the first 12 months after the change came into effect, official figures suggest.Data obtained by the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-dvla-rules-have-rendered-my-car-tax-disc-invalid\/","url_meta":{"origin":1202,"position":1},"title":"New DVLA rules have rendered my car tax disc invalid","date":"March 22, 2015","format":false,"excerpt":"\r I have had to buy a new tax disc, have been wheel clamped and am in line for a \u00a3171 penalty chargeI write to highlight the absurd situation I find myself in at the hands of the DVLA. Last October my sister-in-law, who was leaving the country, gave us\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38789,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-tax-disc-is-gone-what-does-this-mean-for-me\/","url_meta":{"origin":1202,"position":2},"title":"The tax disc is gone. What does this mean for me?","date":"October 1, 2014","format":false,"excerpt":"\r As the paper tax disc passes into history, we look at how the changes will affect motorist across the countryFrom today you will no longer need to display a paper tax disc in your car window as records will, instead, be electronic. Here\u2019s a guide to what you need\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-new-80m-battery-research-base-to-be-built-in-countrys-car-making-heartlands\/","url_meta":{"origin":1202,"position":3},"title":"Britain&#039;s new \u00a380m battery research base to be built in country&#039;s car-making heartlands\u00a0","date":"November 30, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Britain's new \u00a380m battery research base to be built in country's car-making heartlands\u00a0","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-disc-loophole-leaves-angry-drivers-facing-massive-fines\/","url_meta":{"origin":1202,"position":4},"title":"Tax disc loophole leaves angry drivers facing massive fines","date":"April 11, 2015","format":false,"excerpt":"\r The paper disc on the windscreen may have vanished, but now a change of ownership can mean being clamped and towed \u2013 and money for the DVLAThousands of law-abiding motorists are having their cars towed away and are being charged fines of as much as \u00a3800 after unwittingly falling\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bbc-looks-to-curb-pay-of-news-stars-in-80m-cuts\/","url_meta":{"origin":1202,"position":5},"title":"BBC looks to curb pay of news stars in \u00a380m cuts","date":"April 16, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...BBC looks to curb pay of news stars in \u00a380m cuts","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1202"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1202"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}