Amount of car tax
- You have to pay tax on the vehicle tax for the unamortised portion.
In what circumstances will car tax not be recovered?
- If the amortisation period has expired
- If you sell the vehicle to another party providing a taxi service and that party registers it for the purposes of transport subject to a licence within a month, at which point the liability for the unamortised potion of the car tax transfers to the vehicle’s new owner. The decommissioning of a vehicle does not affect the one month deadline.
- Please note that due to the negative impact of the coronavirus pandemic on the financial situation of taxi transport operators, the sales period for vehicles has been temporarily extended to 6 months. This change is effective until 30 June 2021.
What do I do if a taxi entrepreneur has died?
- Ownership of the vehicle is transferred to the estate. The estate is entitled to continue providing a taxi service for six months from the time of the license holder’s death, if it has notified Trafi of this within three months of the date of death.
- The one month deadline for transferring the vehicle to another party providing a taxi service starts after the three month deadline has expired.
What happens to the unamortised portion of the car tax if an estate continues to provide a licensed taxi service?
- The amortisation of the car tax continues until the intended use of the vehicle or its ownership changes in a way that would affect taxation
What happens to the unamortised portion of the car tax if an estate does not continue to provide a licensed taxi service?
- If the vehicle is sold within the time allowed to another party providing a taxi service, the estate has to pay the unamortised portion of the car tax.
I have a replacement vehicle. Who do I tell?
- You do not need to inform Traficom if you have a replacement vehicle.