Although not within his speech, it's in the fine print of the Budget, along with confirmation of the bands and rates change for this year for Historic Vehicles to 1st January 1974.
Apparently the Rolling Exemption will be inserted into the Finance Bill 2014, which becomes the Finance Act 2015, that will then extend the Historic Vehicles Exemption forward another 12 months every 1st April.
So next year, all 1974 built vehicles will be Historic, and so on each year, this means for example that my Late Bay becomes an Historic Vehicle on 1st April 2017, as it was built in 1976.
Good news chaps and chapesses...
Rolling 40 Year Historic Vehicles Exemption announced.
Rolling 40 Year Historic Vehicles Exemption announced.
73 de Wayne M5WJF
'73 Type 4 412 LS Variant (UK Reg '74)
'73 Type 4 412 LS Variant (UK Reg '74)
Re: Rolling 40 Year Historic Vehicles Exemption announced.
So only another few years for our late bay reaches exemption and we don't have any car tax to pay ...providing they don't introduce any of the crazy ideas of restricting usage
'70VW 411LE 2 Door Saloon, '71 Beetle and '78 Late bay
- 937carrera
- Posts: 1190
- Joined: 7th June 2013 - 11:54pm
- Location: North Yorkshire
Re: Rolling 40 Year Historic Vehicles Exemption announced.
Here's a link to the announcement / impact statement
https://www.gov.uk/government/publicati ... c-vehicles
This is going to save me a whole lot of hassle taxing / cashing in road tax for my classics, the 412 being the first to benefit
Let's hope the application process proves as simple as it should be.
I understand that as the regulations refer to "construction date" the DVLA will automatically accept that any car first registered before 7th January in any year must have been constructed in the previous year.
https://www.gov.uk/government/publicati ... c-vehicles
This is going to save me a whole lot of hassle taxing / cashing in road tax for my classics, the 412 being the first to benefit
Let's hope the application process proves as simple as it should be.
I understand that as the regulations refer to "construction date" the DVLA will automatically accept that any car first registered before 7th January in any year must have been constructed in the previous year.
David
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon
Re: Rolling 40 Year Historic Vehicles Exemption announced.
When I emailed the DVLA last week they informed me any car registered in 1973 can be reclassified by post offices who can handle tax discs. Apparently they should send off the V5C for you and the DVLA should send back to you a V5C with the classification altered to 'historic'.
- 937carrera
- Posts: 1190
- Joined: 7th June 2013 - 11:54pm
- Location: North Yorkshire
Re: Rolling 40 Year Historic Vehicles Exemption announced.
Well, that's certainly useful to know.
In my case it doesn't help because though my car was constructed in Sept 1973 it was not registered until mid '74. - hence my signature
I need to get organised, just wish the local DVLA office was still open
In my case it doesn't help because though my car was constructed in Sept 1973 it was not registered until mid '74. - hence my signature
I need to get organised, just wish the local DVLA office was still open
David
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon
1974 412LS Variant
1973 412LE 4 door Fastback / Saloon
Re: Rolling 40 Year Historic Vehicles Exemption announced.
Have you got some documentation to prove the manufacturing date? Maybe VW certificate if you haven't already?937carrera wrote:Well, that's certainly useful to know.
In my case it doesn't help because though my car was constructed in Sept 1973 it was not registered until mid '74. - hence my signature
I need to get organised, just wish the local DVLA office was still open
http://automuseum.volkswagen.de/urkunden.html?&L=1