Classic car exemption removal

Rroff said:
Says a lot when they are hunting down the back of the sofa for spare change, that said the only way out of the current situation really is broadly raising taxes and/or new taxes across the board
Click to expand...

They should look at taxing ebikes and bicycles - both are road users so should pay for their upkeep.
 
Ah yes, the wonderful time of year when papers will run a thousands stories saying that the chancellor "might" do something or "may be considering" something.

And then everyone jumps around, freaks out, and only a small subset actually happen.

Remember last year when everyone said pension allowance would be curtailed, and then a bunch of people cashed in their pensions - only to regret it when the changes didn't happen and wanted to reverse it?

Comically, the Telegraph are running exactly the same stories again despite misleading people last year. Even people in their own comment sessions were laughing at the paper when they published the stories on people regretting their decisions.

Not saying it won't happen, but it cannot be worth getting het up over stories about what "might" happen.
 
Even if they do remove the exemption, it doesn't necessarily mean classic cars will join the same tiers as modern cars, might just be a flat £100. Just add it to the £££ it costs to keep it running :D
 
Yaayuh! said:
Even if they do remove the exemption, it doesn't necessarily mean classic cars will join the same tiers as modern cars, might just be a flat £100. Just add it to the £££ it costs to keep it running :D
Click to expand...
Or not bother paying it. There's a lot of classics where I live, and no cameras.
 
bloodiedathame said:
Is there any evidence she's actually planning this or is everyone falling for some clickbait?

Too many 'could's and 'if's for my liking.
Click to expand...

It’s funny though, reading about how Labour is taking everyone’s toys and destroying lives *shakes fist*

Bring back Johnson and Truss, they’ll teach em.
 
I knew it'd be like this but I clicked on the thread anyway.

Guaranteed to bring up cyclists paying tax despite 0 emissions, reduced congestion, diminishingly small road wear and providing a benefit to the healthcare budget.
If you want less tax then you need more cyclists, not less.

I'm conflicted about the classic car exemption though. I get the arguments about keeping old cars going & our heritage (I love seeing old cars on the road). On the other hand, it's only really exempt because it's mostly their rich mates hobby.

For the sort of figures being thrown about it seems pretty pointless. This cabinet are wasting their time ******* about in the margins doing absolutely nothing to address the rising inequality, and slow decline of the nation.
 
This seemed a more realistic budget proposal from Mr Brown to get Reeves some money
Call of duties
Revenue and reform for Autumn Budget 2025

EV VED could be reformed without linking to distance travelled, but such a link would
make the tax fairer – with the harms above, as well as congestion impact, all correlating
with distance. A combined weight and distance link would also give the greatest
incentive to buy smaller, lighter vehicles to those who drive the most miles – giving
the biggest societal benefit. Distance could be logged via a mixture of MOTs, self-
reporting and ideally telematics (with the latter helping to exclude miles driven outside
the UK and perhaps facilitating local per-mile additions in future to tackle the worst
congestion). 93
To give some illustrative figures: Fuel Duty equates to around 6p + VAT per mile
for a typical car, so EV VED could be applied at (say) 6p per mile (and no VAT) for
a car weighing a typical 1,800kg. The charge for a light, 1,000kg EV could then be
proportionally lower at around 3p per mile; and a 2,800kg car would be charged around
9p per mile. Given that EVs can be powered for as little as 2p per mile, while a typical-
weight petrol car might cost 16p per mile, such a new VED system would be a material
change in the cost of EV driving, but also see it remain cheaper than the high carbon
alternative – with very low driving costs for light EVs especially.

..

Third, VED should also be raised for non-EVs sold in future too, helping achieve sales
target set out in the ZEV mandate, and better tackling harms. This could mean reform
of the flat £195 charge for non-EVs too (noting that this was not flat for cars registered
before 2017), and/or reform of the up-front charge that varies with emissions intensities
(though this was tweaked at Autumn Budget 2024). On balance, to parallel our EV
suggestion, both up-front and recurring VED rates for non-EVs sold in future could vary
with weight. 95 Weight variation is something called for by the London Assembly, 96 and
by other think tanks, 97 and for which there is a range of international experiences – with
weight-linked annual charges in New South Wales, the Netherlands and Estonia for
example.
Despite the policy giveaways and protections suggested above, we still estimate
that this package could raise £2 billion in 2029-30. Importantly, this figure would
grow significantly over time to over £10 billion by 2035-36 and more beyond that (as
shown in Figure 12)
Click to expand...

yes, us cyclists should have a mileage credit carrot
 
You must log in or register to reply here.
Back
Top Bottom