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+--- Thread: Reinstate The 25Year Rolling Road Tax Exemption (/showthread.php?tid=33147)
Reinstate The 25Year Rolling Road Tax Exemption - Uberderv - 28-01-2016
Hi, as a lot of us like our classic cars its in our interest to sign this -
https://petition.parliament.uk/petitions/119497
Thanks
RE: Reinstate The 25Year Rolling Road Tax Exemption - Dum-Dum - 28-01-2016
What happened with the same petition that was running last year or the year before?
RE: Reinstate The 25Year Rolling Road Tax Exemption - John1.4 - 28-01-2016
probably went something like.... in the commons about it, 3 mp's turned up, said nah, that's a shit idea, we make loads of money now.... denied
RE: Reinstate The 25Year Rolling Road Tax Exemption - procta - 28-01-2016
all a waste of time anyway as they are trying to get old cars off the road.
RE: Reinstate The 25Year Rolling Road Tax Exemption - PartyJas - 29-01-2016
its currently rolling at 40 years.. i cant see that changing. Too many 25 year old cars around.
RE: Reinstate The 25Year Rolling Road Tax Exemption - Uberderv - 19-02-2016
Got a reply but I think you can guess the outcome -
Dear Peter,
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
RE: Reinstate The 25Year Rolling Road Tax Exemption - Poodle - 20-02-2016
Shame, as expected though really.
RE: Reinstate The 25Year Rolling Road Tax Exemption - procta - 21-02-2016
should have left it at 25 years old, but you have labour to thank for that one.
RE: Reinstate The 25Year Rolling Road Tax Exemption - Redordead89 - 21-02-2016
And the Tories to thank for everything else that screws us daily! SPESH £227 annual road tax FFS!
RE: Reinstate The 25Year Rolling Road Tax Exemption - welshpug - 21-02-2016
(21-02-2016, 01:56 AM)Redordead89 Wrote: And the Tories to thank for everything else that screws us daily! SPESH £227 annual car tax FFS!
fixed.
you're moaning about 62p a day car tax?