Jump to content

Tax-Free Robin Hoods?


Recommended Posts

Guest 2b cruising
Posted (edited)

15550

Edited by 2b cruising
Posted (edited)

I thought our kits were detailed as first registered at SVA/IVA so that is the start of life for the car --- which is why kits get 3 years before MOT due -- or is that totally the wrong way of things?

 

well i didn't get 3 years before MOT :( so i would rather like free tax instead :)

 

mind you the way DVLA is who knows who would get exempt or not.

Edited by agent_zed
Guest peter2b2002
Posted

just tried to sign, said I had done it already, senior moment again

peter2b

Posted

My registration document says first registered 1996. It was built from bits, not from one donor. So I assume thats the start year.

(Still its part of the democratic process. So I've signed it).

Posted

Got this reply

 

The Government has responded to the petition you signed – “Reinstate The 25Year Rolling Road Tax Exemption”.

Government responded:

Classic vehicles are an important part of the UK’s heritage. We already offer a 40 year rolling exemption. Around 10,000 classic vehicles each year become exempt, so owners no longer have to pay VED.

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

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...