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Reduce the Tax exemption age for classic cars to 30 years

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CamGTS
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Reduce the Tax exemption age for classic cars to 30 years

Postby CamGTS » 14 May 2021 10:17

whilst not relevant to our TR7s and 8s still worth signing
https://petition.parliament.uk/petitions/578294
Cam

1948 Ferguson TEA20
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1981 Triumph TR8 (TR7V8)
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saabfast
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby saabfast » 14 May 2021 11:01

Signed, but not sure it will have much effect. There are still too many cars of that age and it would reduce the tax income!
Alan
Saab 9-5 2.3t Vector Auto Estate Stage 1
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'81 TR7 DHC
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moestr7v8
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby moestr7v8 » 14 May 2021 19:23

Signed, it used to be 25 years then 30 years, hopefully it will revert back to 30 years but who knows.
Cheers
Moe
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dursleyman
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby dursleyman » 21 May 2021 14:04

My concern is that if they roll it too far there may be a lot more folks buying old cars purely to avoid paying for tax/MOT and not caring about the cars.

It could change how the general public view classic cars, from generally liking them to being seen as a problem.
Russ

1981 TR7 Sprint DHC & 1977 TR7 Sprint FHC
Dursley
UK

http://tr7russ.blogspot.co.uk/

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moestr7v8
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby moestr7v8 » 22 May 2021 17:51

Hi Russ, you are probably right in that respect and could cause a lot of concern where people buy a car within the age group, get free road tax & mot, then run them for a while and put them in a scrappage deal.
I think that the 30 year deal applies to a lot of countries on the continent, Beans could probably confirm this, and I think it is 25 years in Sweden.
Cheers
Moe
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Beans
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby Beans » 22 May 2021 19:36

moestr7v8 wrote: ... Beans could probably confirm this ...

Over here in The Netherlands tax exemption used to be 25 years. But than came the skint people who started importing cheap 25 year old bangers from abroad and drive them to the ground as cheap daily transport. So the inevitable happened, the tax exemption age was raised to 40 years to tackle this. But to compensate the real hobby cars they invented a transitional arrangement. Cars between 25 and 40 years can be used all year round for the full tax tariff, or you pay only 25% in which case you are not allowed on the road in the months of December, January and February. A fair amount of old cars were sold or scrapped ...
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1976 TR7 FHC (currently being restored ...)
1980 TR7 DHC (my first car, a.k.a. Kermette)
1981 TR7 FHC (Sprint engined a.k.a. 't Kreng)

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moestr7v8
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby moestr7v8 » 22 May 2021 20:04

Thanks Beans for the information I know you have mentioned in your blogs about the time your cars are off the road and when you are having your first drive back on the road.
Hopefully, the goverment will keep the tax exemption on a permanent basis as is because like all goverments they can change their minds if they start looking to get more money from the .motorist. :roll: :D
Cheers
Moe
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Beans
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby Beans » 23 May 2021 00:40

moestr7v8 wrote: ... Hopefully, the government will keep the tax exemption on a permanent basis ...

Governments means politicians. Don't trust them too much! :P
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1976 TR7 FHC (currently being restored ...)
1980 TR7 DHC (my first car, a.k.a. Kermette)
1981 TR7 FHC (Sprint engined a.k.a. 't Kreng)

http://www.tr7beans.blogspot.com/

Cobber
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby Cobber » 23 May 2021 13:31

Beans wrote:Governments means politicians. Don't trust them too much! :P


Trusting the bastards at all is trusting them too much! :lol:
"Keep calm, relax, take a deep breath, focus on the problem & PULL THE BLOODY TRIGGER"

'80 Triumph TR7.
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moestr7v8
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby moestr7v8 » 23 May 2021 22:07

Ha Ha Beans and Cobber,so right never ever trust a politician, the three qualities needed to become a politician, a competent liar, an equally competent actor but most important of all to have a bloody good memory as you need that for the first two qualities :lol: :lol: :lol:
Cheers
Moe
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FI Spyder
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Re: Reduce the Tax exemption age for classic cars to 30 years

Postby FI Spyder » 24 May 2021 14:14

Here in British Columbia, Canada, we don't have MOT or road tax. We do have a special licence plate and cheaper provincial insurance for "collector cars". The conditions are.

Must have one other car insured as a regular driver.

Can not drive to work or school.\
Must be 25 years or older or 15 years or older if the company is no longer making cars (gone out of business).

Is in good shape (pictures submitted) and original or additions are period specific (were available when the car was new). Safety updates are permitted like upgrading brakes, seat belts etc. Things like radios can be updated internally but must look period from the outside.

Unlimited mileage (tends to be mitigated by not driving to work or school but you could drive around North America if you wanted to).

Things like previous self appointed value has been done away with but you can get a professional appraisal so it isn't written off as an "old car" if in an accident.
- - -TR7 Spider - - - 1978 Spitfire- - - - 1976 Spitfire - - 1988 Tercel 4X4 - Kali on Integra - 2013 Volt - Yellow TCT

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