News : More than 16,000 call for 30-year classics
A new online e-Petition calling for a change in government policy regarding the historic vehicle exemption. Currently, the VED ruling is that any car registered (or built) before 1 January 1973 is subject zero-rated tax discs – and the petition calls for this to be changed in favour of a rolling 30-year arrangement.
The 1973 date originates from the 25-year exemption introduced during the 1990s, and phased-out by New Labour in 1998.
We’ve already declared our interest in the principle that historic vehicles of all ages should be classified into age bands – in order to put paid to the tedious ‘classic car’ debate, and support in principle a 30-year classifiecation for historic vehicles – logical as cars grow into their historic status.
Classic car clubs and enthusiasts have warmly welcomed the proposal, although an unnamed spokesperson for a major player in the classic car movement, confided, ‘my main concern in putting our head over the parapet, is that the government brings in the 30-year banding, but drops the zero-rated tax band…’
If you agree with the 30-year exemption, visit the e-Petition’s page and show your support by adding your name. If 100,000 signatures are reached, this will trigger a Commons debate.