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Tax Exemption

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matthew:
It hasn't been a rolling date for about 8 years, and the youngest cars that qualify are now 32 years old.

Where I can see there being some sense in a cut off is around 1980 as cars become a lot more useable on modern roads at modern speeds. I doubt it would go to a rolling 25 years again anyway but a couple of years movement would be nice.

All of mine are exempt anyway :) except the modern runabout, so it wouldn't make much difference to me (although finding an exempt RR for laning would be easier).

Richard-E:

--- Quote from: "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.
--- End quote ---


Yes, my understanding is that the VED exemption was introduced as an encouragement for people to keep running vehicles that could be regarded as part of our (motoring) heritage.

Scrapping the rolling date was was one of the umpteen stealth taxes introduced by the present government. In itself it may have seemed trivial to those not affected but as they say "many a mickle makes a muckle" (I think I know what that means)!

It may not be a vote catching thing, but I have a vested interested with my nearly original 32 year old RR! I missed the original deadline by three months and at the time the prospect of tax exemption was an incentive to renovate the motor.

muddyweb:

--- Quote from: "Richard-E" ---Scrapping the rolling date was was one of the umpteen stealth taxes introduced by the present government. In itself it may have seemed trivial to those not affected but as they say "many a mickle makes a muckle" (I think I know what that means)!.
--- End quote ---


Stealth Tax ?

Just explain that to me ?  People paying with full knowledge to tax cars they previously had to tax....

Nugget 4x4:
Although I have written this posting with a political slant please dont think im campaining for anyone I just find these stelth taxes hard to swallow. I have a 1973 Range Rover which in my veiw should be tax exempt, although I have got to research this as it is based on the build date not the first registered date, so I am going to contact the Heritage Museum at Gaydon who should be able to tell me when it left the factory so fingers crossed.

Richard-E:

--- Quote from: "muddyweb" ---
--- Quote from: "Richard-E" ---Scrapping the rolling date was was one of the umpteen stealth taxes introduced by the present government. In itself it may have seemed trivial to those not affected but as they say "many a mickle makes a muckle" (I think I know what that means)!.
--- End quote ---


Stealth Tax ?

Just explain that to me ?  People paying with full knowledge to tax cars they previously had to tax....
--- End quote ---


A "stealth tax" is a method for increasing tax revenue without increasing tax rates. Instead, the boundaries or threshholds are moved.

Another simple example is hairdressers. They used to operate as self employed so did not turnover more than the VAT breakpoint. However the rule was changed by Mr B, so that if several worked in the same premises they were regarded as one business, their combined turnover then incurred VAT and the prices to customers had to increase to cover this.

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