Tax exemption under threat?

[Peter C]

Scaremongering?

Or is Rachel about to piss on my cornflakes?

[loserone]

Richard Holden is an utter, utter twat and it's just political scaremongering.  He was my old MP.

[Peter C]

4 minutes ago, loserone said:

Richard Holden is an utter, utter twat and it's just political scaremongering.  He was my old MP.

So nothing to worry about?

[loserone]

Indeed.  It's bullshit 

[danthecapriman]

I’ve seen a few vids on YouTube about this very recently.

While it possibly is just hot air and scaremongering, I honestly wouldn’t put it past that bunch of cunts in government to start this sort of shit. 
It’s potential revenue in their eyes that’s currently being given away. They couldn’t give two figs about history or people having hobbies. It’s a money grab.

[Stixy]

Classic car Weekly  now costs £3.50 !!  wow 

[loserone]

14 minutes ago, danthecapriman said:

It’s potential revenue

It would be an unpopular and expensive tax to implement and the income wouldn't pay for itself.  Pausing the 25 year rule from 1974 made sense when 25 year old cars were suddenly getting common.  We're not at the point where cars from 1986 are suddenly on every corner (yes I know I have two cars which are 36 years old).

[danthecapriman]

7 minutes ago, loserone said:

It would be an unpopular and expensive tax to implement and the income wouldn't pay for itself.  Pausing the 25 year rule from 1974 made sense when 25 year old cars were suddenly getting common.  We're not at the point where cars from 1986 are suddenly on every corner (yes I know I have two cars which are 36 years old).

I hope your right…

Im naturally suspicious, but I smelt a rat before when that business about the DVLA and classic car rules came up not long ago.

Just curious, but what makes you say it wouldn’t pay for itself and it’d be expensive? 
Surely all it would mean for government is to stop all tax exemptions and send out a standard tax renewal form with a cost on for all those vehicles affected? All of a sudden instead of paying £0 your paying whatever the rate is for that vehicle.

[loserone]

Because how many cars are there? Then they all need to be notified, most of them will be set up by direct debit, only taxed for a few months a year, with costs incurred when they're cancelled etc. 

The much more obvious target are the 2005 diesels still getting £20 a year.

[danthecapriman]

10 minutes ago, loserone said:

Because how many cars are there? Then they all need to be notified, most of them will be set up by direct debit, only taxed for a few months a year, with costs incurred when they're cancelled etc. 

The much more obvious target are the 2005 diesels still getting £20 a year.

True.

I wonder though if they’d be considering hitting everything? ie; no more vehicles of any age getting tax exemptions? Even stuff that’s currently exempt and has been for ages.

If you consider how many exempt classics there are out there, if they suddenly pull the plug and decide all those vehicles now have to pay then that would surely add up to a tidy little sum.

 

Im sure it is just bullshit though.🤞
 

[JakeT]

Just the way that article is written screams of scaremongering. Realistically classic and historic cars are good for the economy, and generate enough VAT and other tax revenue through the tat we all buy for our cherished chariots. Like Loserone says, closing the super low tax diesels loophole is one thing. Same with them scrapping the free tax class on moderns.

[Spiny Norman]

Wait till they realise there's going to be a £25 Billion black hole from fuel duty once  everyone's switched to battery buggies like we're all supposed to. 

 

[Matty]

42 minutes ago, loserone said:

much more obvious target are the 2005 diesels still getting £20 a year.

This. In fucking spades. I pay nearly £900 in road tax a year for 2 early 2000s petrols. Probably about 8000 a year between them.

As an aside, they can tax my 60s car if they want. It won't change my mind about owning and using it. As it goes I drive it on fire through the front of the council offices before id  give it up 🤣

[grogee]

I'd be gutted, my Maestro is due exempt in 2028, and I've been really looking forward to the smug feeling of £0 tax. 

On the other hand it's a bit of a weird exemption and it doesn't really have any political benefit that I can see, it's just so niche.

It's like giving free cornflakes to pre-internet computer enthusiasts - I just don't get it. 

[EyesWeldedShut]

2 minutes ago, grogee said:

It's like giving free cornflakes to pre-internet computer enthusiasts

I qualify for that - where do I signup - can I get All-Bran instead? These things are important to some

I ran a Ser 2a Land Rover under the old exemption - it did come in handy - just about covered the annual expenditure on leaked oils and welding sticks,

 

[mk2_craig]

1 hour ago, loserone said:

the 2005 diesels still getting £20 a year

That's fair comment but natural selection will kill off most of those anyway before much longer, in fact the majority of cars that age have already gone. The remainder are a small proportion of the total vehicle "parc" and like the tax exempt classics, wouldnt raise much in the way of additional tax revenue overall (but would create a load of bad PR and ill feeling outweighing any monetary benefit generated)

[chadders]

Our 2012 Up! and 2017 Citigo only pay £20 per year, it shouldn't be too difficult just to increase that particular tax band.

As to bad feeling it doesn't look like it's going to be a 'feel good' budget so maybe, with a few years to go to the next General Election, they'll take all of the pain at one go.

[bigstraight6]

Tax exempt classic vehicles make up a very small proportion of the vehicle parc, EV’s with no road tax make up an enormous number in comparison thanks to the gullible, and this lower hanging fruit would be a better target for the delightful Ms Reeves.

[loserone]

1 minute ago, bigstraight6 said:

EV’s with no road tax

There's not many of those left, I'm paying £290? for my Zoë.  Thanks to the Tories who set it up for when they were out of office

[bigstraight6]

1 minute ago, loserone said:

There's not many of those left, I'm paying £290? for my Zoë.

That’s caught me off guard, I’m only paying £35 for a killer dirty diesel 23 year old Polo..

[rusty_vw_man]

Why bother? There are loads of softer taxation classes as people have said that may be perused first which would be far more profitable. 

I think it’s important that the largest owners of multiple old cars tend to be a bit better off. Like it or not, it’s never the people with a bit extra who end up paying extra, as they are much better at defending their position, or having a chat with their mate in power. 

There’s no need to tax them off the road like they are trying with some as whilst they may  be super inefficient and polluting per mile, they don’t collectively actually manage that many miles each year. 

My crystal ball predictions are for continued and growing penalties for driving a middle aged large engined car, and a growing tax rate for those who currently have very low rates. Consider how much extra you’ll get just whanging an extra fiver on the most common taxation classes compared to retaxing a load of old chod…

[Mrcento]

1 hour ago, Spiny Norman said:

Wait till they realise there's going to be a £25 Billion black hole from fuel duty once  everyone's switched to battery buggies like we're all supposed to. 

 

They'll just slap it back onto the electricity bill via the most flexible fake price cap known to man.

'I know wholesale costs are down, but can we raise the...'

'Yes'

[stuboy]

1 hour ago, Matty said:

I pay nearly £900 in road tax a year for 2 early 2000s petrols. Probably about 8000 a year between them.

im same but less mileage

[sheffcortinacentre]

CCW is the Viz of car mags I don't know how it's stayed alive this long it's like buying pre shit on toilet roll.

It's just another circulation booster.

The taxing of scalextric cars was no bigger sert when it came as the free tax carrot finally got sheeple to buy them  so once the pusher had them hooked then the squeeze started.

As said there's to much revenue from the  rest of the industry surrounding classics (from vat to income tax ) to be gained from reintroducing road tax.

Plus to many owned by chumbley Warner's etc to kick off over it if the did.

[loserone]

8 minutes ago, sheffcortinacentre said:

The taxing of scalextric cars was no bigger sert when it came as the free tax carrot finally got sheeple to buy them  so once the pusher had them hooked then the squeeze started.

This is literary genius, honestly.  Loving it.

[sheffcortinacentre]

This government ( aswell as any other political  party) like most of the world ,along with industry at the moment seems to be bewildered  & are blindly grabbing at anything with a hope that someone or something is going to work ( while blaming all & sundry for the mess) that they can hijack the band wagon & claim victory.

I've never been one for politics of any kind but  I feels like the 80's  have returned only the teams are reversed. I've never felt this hopeless since those dark days , but there feels that this time there is no glimmer of hope anywhere & that something is lurking in the shadows that's going to bring alot of misery for alot of people.

[Matty]

8 minutes ago, sheffcortinacentre said:

This government ( aswell as any other political  party) like most of the world ,along with industry at the moment seems to be bewildered  & are blindly grabbing at anything with a hope that someone or something is going to work ( while blaming all & sundry for the mess) that they can hijack the band wagon & claim victory.

I've never been one for politics of any kind but  I feels like the 80's  have returned only the teams are reversed. I've never felt this hopeless since those dark days , but there feels that this time there is no glimmer of hope anywhere & that something is lurking in the shadows that's going to bring alot of misery for alot of people.

On the other hand the weathers looking good next weekend 😁

[kevins]

I can't see it hapenning this time but eventually they are going to have to go for pay as you go to replace fuel duty, it could affect us then.

[Rocket88]

12 hours ago, Peter C said:

Scaremongering?

Or is Rachel about to piss on my cornflakes?

Classic Car weekly is a sensationalist rag. They’ve published this kind of crap in the past

[chadders]

6 hours ago, kevins said:

I can't see it hapenning this time but eventually they are going to have to go for pay as you go to replace fuel duty, it could affect us then.

This seems to be suggested on a regular basis.

I just don't see how it'd work nationwide without a ridiculous investment in monitoring infrastructure or us all having trackers. If the latter how is it going to be enforced?

You'd still need a billing system that'd deal with high volumes and unless it was just a flat rate per mile different rates. If the latter good luck with it; I briefly spent sometime working on Telco Billing Systems and they were a nightmare.

Maybe there is an easy answer and I've just missed it?

Whatever I reckon it'd make the uproar over ID Cards look like a storm in a teacup.