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Tax Exemption For Classics is Back
Scuzzle - 19/3/14 at 05:34 PM

Cars over 40 years now qualify for tax exemption announced in todays budget, only 7 years for me to wait.

blakep82 - 19/3/14 at 05:54 PM

Is it one of these rolling ones? Ie this year its cars from before 1974, next year cars before 1975?
As it stands now its cars before 1974

Scuzzle - 19/3/14 at 06:05 PM

Yes, rolling 40 years, if it was still sitting at the rolling 30 years mark before Labour scrapped it I would be bflaffing about in my 2.0 Zetec totally tax free now.

[Edited on 19/3/14 by Scuzzle]

02GF74 - 19/3/14 at 06:27 PM

woo hoo ... only 1 year to wait for my Landrover and 3 years for my Z.

Nickp - 19/3/14 at 06:27 PM

Just 3yrs to wait for my Monte

morcus - 19/3/14 at 06:28 PM

25 years wasn't it when they scrapped it? 40 makes much more sense, the old rolling system would never have worked till now, thered be far to many people driving around in 25 year old cars as there main cars.

steve m - 19/3/14 at 07:18 PM

bugger 5 years to go

coyoteboy - 19/3/14 at 07:19 PM

Makes more sense to keep older cars than make new...check out the carbon footprint of BUILDING a new car, it far outweighs it's improved economy and emissions.

Oddified - 19/3/14 at 09:35 PM

Only 2 years for me

SteveWalker - 20/3/14 at 09:56 AM

It'd be much fairer to scrap the age related exemption and replace it with one based on limited mileage policies up to a certain mileage.

scudderfish - 20/3/14 at 11:06 AM

quote:
Originally posted by SteveWalker
It'd be much fairer to scrap the age related exemption and replace it with one based on limited mileage policies up to a certain mileage.


It'd be fairer, but much more expensive to organise.

SteveWalker - 20/3/14 at 02:12 PM

quote:
Originally posted by scudderfish
quote:
Originally posted by SteveWalker
It'd be much fairer to scrap the age related exemption and replace it with one based on limited mileage policies up to a certain mileage.


It'd be fairer, but much more expensive to organise.


Doesn't have to be. They already have the insurance database, so they'd only need to include the allowed mileage and use that instead of the date of registration for exemption.

Russell - 20/3/14 at 03:02 PM

What about a kit car on an age related plate? Ive got a P reg plate from a 1975 Escort doner.

cliftyhanger - 20/3/14 at 04:19 PM

Careful what we wish for. Most of my cars are historic, and rated at zero for road tax. Nice.

However, I can see that eventually there will be strings attached. Some countries you are only allowed to use the cars to go to organised shows and events, something that would be useless for me and many other owners. But I can see that happening, and if we wish to use our cars as cars rather than exhibits, we will be paying tax. Worse would be if there was no mechanism to use the cars regularly.
Still, what will be will be, and until it goes belly up I will bask in the cheapness of running my brood of old motors.