Road Tax Exemption

[VR-Sixy 0]

Or to be totally PC about it...... Vehicle Excise Duty... but it's still a bleeping tax......

 

Anyway - i digress. My Corrado was first registered in 1994, which means next year, he'll be 25 years old.

Am i right in thinking that once a vehicle hits this landmark they are exempt from road tax? I'm sure I read

somewhere that 25 years was the 'cut-off'' for this....

 

Cheers

[Jim 1]

Alas not.. I think it's either 35 or even 40 years for the rolling exemption. You gotta pay a bit more road tax yet on your Corrado before it becomes tax exempt :)

 

*edit*

 

Yep - 40 years.

 

https://www.gov.uk/government/publications/vehicle-excise-duty-update-to-40-year-rolling-exemption-for-classic-vehicles

[VR-Sixy 0]

Alas not.. I think it's either 35 or even 40 years for the rolling exemption. You gotta pay a bit more road tax yet on your Corrado before it becomes tax exempt :)

 

*edit*

 

Yep - 40 years.

 

https://www.gov.uk/government/publications/vehicle-excise-duty-update-to-40-year-rolling-exemption-for-classic-vehicles

 

Never thought to Google it Jim - worra narna!! Thanks for the quick response though. Knew the buggers would get more dosh

out of me one way or another!!

 

Cheers!!

[MarkR 11]

It was 25 years, then Gordon Brown fixed it to vehicles registered before 1973. As Jim says the rules have recently changed to a rolling 40-year exemption. Only another 17 years to go for me!

[Jim Bowen 1]

I always think the road tax is one of the cheapest bills in corrado ownership :lol: Makes me feel better

[Billzeebub 1]

Way before the Corrado qualifies for zero road tax I would have thought we will be paying a humungous new polluters tax to keep our ice engines on the road! We are seeing it already with plans for daily payments coming in for bringing older cars into city/town centres. As people appear to be generally slow adopters of the electric tech govt will legislate to price our lovely petrol powered machines off the road. I certainly don't anticipate ever owning a tax neutral Corrado!

[Dox 22]

Not many commute daily in cars 40+ years old? There is a huge industry supplying parts, rebuilding them and keeping them on the road - all generating revenue / VAT, so removing excise duty and MOT (less than £2 goes to the government elected body - the majority goes to the testing station / garage) wont significantly reduce the governments funds too much?

 

Being MOT exempt at 40 years old also means they can tighten standards to the point an old drum braked cars couldn't obtain even when they were in production.

[VR-Sixy 0]

It was 25 years, then Gordon Brown fixed it to vehicles registered before 1973. As Jim says the rules have recently changed to a rolling 40-year exemption. Only another 17 years to go for me!

I always thought Brown was a bit of a bleep!!

[Gti_Jamo 10]

To put it into perspective. For a 26 year old Corrado, you still have potentially £3360 worth of road tax to pay before it becomes exempt. Also if you use £20 of fuel a week in it that's another £13,440 between now and July 2032. Not to mention the £10,000 you'll spend maintaining it lol.