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.
Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...
Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.