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Tax Exemption

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Nugget 4x4:
With the election looming How will you vote , Knowing that the conservatives will probablly reopen up the rolling 25 year tax exemption ruling that Labour FROZE in 1997 when they first came in to power as another stelth tax, if you own a 1973-1979 vehicle does'nt this need serious thought :?

muddyweb:
ooh... there is a hatful of spiders.

I don't want to start a political discussion, so all I will say is that the party's policy on road tax is pretty low on my list of priorities for voting.

If you think that is the worst tax that there is, then you might want to look at some of the manifestos.

V8MoneyPit:
Indeed, each year you pay thousands of Pounds in income tax, hundreds (or thousands) in Council Tax and heaven knows how much in VAT. £165 or whatever it is forms such a small part, is it really such an issue?

I have never understood why the tax exemption was brought in in the first place. With only about 250,000 people affected (if I remember the stats correctly), it was hardly an election winner.

Garin:
Is it true that Labour are in the process of intruducing a yearly charge for a log book

muddyweb:

--- Quote from: "V8MoneyPit" ---I have never understood why the tax exemption was brought in in the first place. With only about 250,000 people affected (if I remember the stats correctly), it was hardly an election winner.
--- End quote ---


I suspect that it was a case of looking after the large museums and heritage centres, etc.  who have vehicles which get driven occasionally on public roads.

I have to be honest and say that I don't much agree with the rolling date anyway.   A 25 year old vehicle still uses as much road and has the same effect on the network as a new one.  I can understand the logic of exemption for 'classic' vehicles over a certain age as these will tend to be used much less.

It would all be much more appropriate if the money from the VED was used for the road network, but that has been an issue for much longer than this government has been in office.

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