Petition To Re-Instate 25 Year Rolling Tax Exemption

[Pugleyrich 37 1 Cars]

It already is rolling it's just been offset by the years it's been redundant.

This is true. Sucks that I have to wait for 2030

[ciarandeery1 22]

Signed

[Andy M 0 1 Cars]

Signed

[Reebmit 51 4 Cars]

Signed

[Dale 14 1 Cars]

Signed

[Jer309GTi 3]

Oh well, was worth a try!

 

The classic car industry employs around 28,000 people in the UK and the Government considers classic vehicles to be an important part of the nation’s historical and cultural heritage. In recognition of the contribution made by this sector, at Budget 14 the Government announced a new affordable Vehicle Excise Duty (VED) exemption for classic vehicles. This was defined as vehicles first registered over forty years previously. It will be rolled forward, allowing new cohorts of historic vehicles to be included in the exemption on 1 April each year. Currently, all vehicles manufactured before 1 January 1975 are eligible to apply for the exemption with the Driver and Vehicle Licensing Agency.

It is estimated that an additional 10,000 classic vehicles will be affected each year meaning their owners will benefit from not having to pay current VED rates of £145 or £230 depending on vehicle weight and engine size.

The Government is working to deliver a long-term economic plan to repair the public finances and will continue to take the difficult decisions to achieve this goal. Therefore, the Government currently has no plans to re-introduce a rolling twenty-five year exemption for this category of vehicle.

The Chancellor of the Exchequer keeps all taxes under review as part of the regular Budget process.

HM Treasury

 

 

[TurboSam 5]

I think it's fair enough. At 25 are these classics? Definitely not.

 

 

Edited February 20, 2016 by TurboSam

[welshpug 1,666]

id say an e36 was, theres not many left and it's a great car.

 

that example pictured is older than half the 205's left!

[Capa 0]

30 years would have worked, but 40? eurgh*

 

*Yup. Little bit bummed off that tax on my old porker is the same as on my 1.6 gti. :/

[Edp 67 3 Cars]

Done

[welshpug 1,666]

guess you didn't read the post up there then.

[Grim.Badger 15]

Are there really 10,000 vehicles left in the UK from 1976? And still on the road and paying tax? Seems difficult to believe....