Classic Car VED Exemption – Gov You
The idea
To change the tax exemption laws for historic motor cars and return to the rolling 25-year tax-break, dropped in 1997.
Why is it important?
Many owners wish to preserve our motoring heritage and vehicles over 25 years old are generally used for shows giving pleasure to the public, have very limited mileages and therefore contribute little to increased carbon emissions.
Tags: classic, dft, hmt, motoring law, motoring regulations, tax, ved
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