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reply back from the goverment about historic road tax
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The Government is committed to using Vehicle Excise Duty as a means of bringing environmental factors into consideration when people choose to take ownership of a car. Vehicle Excise Duty also helps to support the Government's wider policy objectives by providing a valuable source of revenue from which important public services may be funded.
The Government recognises that many historic car owners would have been disappointed when the 1998 Budget decision was made to freeze the rolling 25 year exemption at 1973. However, the Government continues to judge that in the light of its environmental focus for Vehicle Excise Duty it would be inappropriate to extend the exemption at this point in time.
It should be noted that the current exemption remains in force, currently benefiting some 307,407 vehicles, many of which will be maintained in careful preservation by their owners. The exemption applies equally to all historic cars built before January 1973 irrespective of their country of manufacture.
Some other types of historic vehicle are also exempt from payment of Vehicle Excise Duty. This Government decided to make all steam powered vehicles exempt from April 2001, benefiting vehicles like preserved steam powered road rollers and traction engines. Historic lorries built before 1973 are also exempt, provided that they are not used commercially.
The Government believes that it has got the balance right in the current exemptions it offers. In considering the case for further exemptions or changes to existing ones the Government has to consider the stability of its tax measures, the consistency of its environmental signal, and the costs of delivery - these would include initial implementation costs and ongoing administrative costs.
reply back from the goverment about historic road tax
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The Government is committed to using Vehicle Excise Duty as a means of bringing environmental factors into consideration when people choose to take ownership of a car. Vehicle Excise Duty also helps to support the Government's wider policy objectives by providing a valuable source of revenue from which important public services may be funded.
The Government recognises that many historic car owners would have been disappointed when the 1998 Budget decision was made to freeze the rolling 25 year exemption at 1973. However, the Government continues to judge that in the light of its environmental focus for Vehicle Excise Duty it would be inappropriate to extend the exemption at this point in time.
It should be noted that the current exemption remains in force, currently benefiting some 307,407 vehicles, many of which will be maintained in careful preservation by their owners. The exemption applies equally to all historic cars built before January 1973 irrespective of their country of manufacture.
Some other types of historic vehicle are also exempt from payment of Vehicle Excise Duty. This Government decided to make all steam powered vehicles exempt from April 2001, benefiting vehicles like preserved steam powered road rollers and traction engines. Historic lorries built before 1973 are also exempt, provided that they are not used commercially.
The Government believes that it has got the balance right in the current exemptions it offers. In considering the case for further exemptions or changes to existing ones the Government has to consider the stability of its tax measures, the consistency of its environmental signal, and the costs of delivery - these would include initial implementation costs and ongoing administrative costs.
paul
Chop the top of a 69l tank and make a useful coal bucket!!!
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