Scuzzle
|
| posted on 19/3/14 at 05:34 PM |
|
|
Tax Exemption For Classics is Back
Cars over 40 years now qualify for tax exemption announced in todays budget, only 7 years for me to wait.
|
|
|
|
|
blakep82
|
| posted on 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
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
|
|
|
Scuzzle
|
| posted on 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
|
| posted on 19/3/14 at 06:27 PM |
|
|
woo hoo ... only 1 year to wait for my Landrover and 3 years for my Z.
|
|
|
Nickp
|
| posted on 19/3/14 at 06:27 PM |
|
|
Just 3yrs to wait for my Monte 
|
|
|
morcus
|
| posted on 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.
In a White Room, With Black Curtains, By the Station.
|
|
|
steve m
|
| posted on 19/3/14 at 07:18 PM |
|
|
bugger 5 years to go
Thats was probably spelt wrong, or had some grammer, that the "grammer police have to have a moan at
|
|
|
coyoteboy
|
| posted on 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
|
| posted on 19/3/14 at 09:35 PM |
|
|
Only 2 years for me  
|
|
|
SteveWalker
|
| posted on 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
|
| posted on 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
|
| posted on 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
|
| posted on 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.
I'm a bilingual illiterate. I can't read in two languages.
|
|
|
cliftyhanger
|
| posted on 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.
|
|
|
