online petition for 25 year rolling VED exemption GOVT reply

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glasgowjim
480 Is my middle name
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online petition for 25 year rolling VED exemption GOVT reply

Post by glasgowjim » Wed Feb 03, 2016 9:41 pm

There is a "bring back 25 year rolling tax exemption" petition going on


Wondering if you would consider it signing it ....

https://petition.parliament.uk/petitions/119497

Results at end of thread

Ade
Can tell where the 480 was built
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Re: online petition for 25 year rolling VED exemption

Post by Ade » Wed Feb 03, 2016 11:43 pm

Just added my name to the list. Takes a couple of minutes, come on everyone, get signing!

A 480 still on the road has earned it's right to tax exemption, especially considering that a rolling 25 years is now bringing cars with closed loop oxygen feedback and catalytic converters into the picture. The 'post '92' emissions legislation. After all, tax is largely based on emissions and so the cleaner, more efficient cars of the '80's and '90's shouldn't lose out on this if they're still putting in good service. Keeping an old car alive is more environmentally friendly than buying new ones all the time, the carbon footprint of manufacturing is huge but unfortunately cars have also become part of this 'throw away' society that we live in.
O.C. 480 D.

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glasgowjim
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Re: online petition for 25 year rolling VED exemption

Post by glasgowjim » Thu Feb 04, 2016 11:44 pm

Selfish me my cars 24 in a fortnight.

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glasgowjim
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Re: online petition for 25 year rolling VED exemption

Post by glasgowjim » Fri Feb 19, 2016 8:14 pm

The Government has responded to the petition you signed – “Reinstate The 25Year Rolling Road Tax Exemption”.

Government responded:

Classic vehicles are an important part of the UK’s heritage. We already offer a 40 year rolling exemption. Around 10,000 classic vehicles each year become exempt, so owners no longer have to pay VED.

The classic car industry employs around 28,000 people in the UK and the Government considers classic vehicles to be an important part of the nation’s historical and cultural heritage. In recognition of the contribution made by this sector, at Budget 14 the Government announced a new affordable Vehicle Excise Duty (VED) exemption for classic vehicles. This was defined as vehicles first registered over forty years previously. It will be rolled forward, allowing new cohorts of historic vehicles to be included in the exemption on 1 April each year. Currently, all vehicles manufactured before 1 January 1975 are eligible to apply for the exemption with the Driver and Vehicle Licensing Agency.

It is estimated that an additional 10,000 classic vehicles will be affected each year meaning their owners will benefit from not having to pay current VED rates of £145 or £230 depending on vehicle weight and engine size.

The Government is working to deliver a long-term economic plan to repair the public finances and will continue to take the difficult decisions to achieve this goal. Therefore, the Government currently has no plans to re-introduce a rolling twenty-five year exemption for this category of vehicle.

The Chancellor of the Exchequer keeps all taxes under review as part of the regular Budget process.

HM Treasury

Click this link to view the response online:

https://petition.parliament.uk/petition ... sponse=yes

The Petitions Committee will take a look at this petition and its response. They can press the government for action and gather evidence. If this petition reaches 100,000 signatures, the Committee will consider it for a debate.

The Committee is made up of 11 MPs, from political parties in government and in opposition. It is entirely independent of the Government. Find out more about the Committee: https://petition.parliament.uk/help#petitions-committee

Thanks,
The Petitions team
UK Government and Parliament

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jamesy12345
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Re: online petition for 25 year rolling VED exemption GOVT r

Post by jamesy12345 » Fri Feb 19, 2016 8:41 pm

Only another 9 years for my 5....... :sick:
Current:
Volvo S60 '04
Renault 21 '91
Subaru Legacy '05
Mazda RX-7 '93
Renault 5 '84

Previous:
440 2 litre, 440 Turbo, 460 Turbo, 480 Turbo x2, 854 T-5R, S40 T4, V40 T4, S70 T5 & R, V70 R x2, S60 R

Rob Houston
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Re: online petition for 25 year rolling VED exemption GOVT r

Post by Rob Houston » Fri Feb 19, 2016 11:25 pm

Signed with pleasure. :P About time they brought back the 25 year rule. Although it may be academic if I can't fix the rust at the butt-end, the car may become someone's 21 year-old fridge! :angry:

Rob Houston
The car in front is possibly going to be a C30 - and it's staying there!
Previous: 1994 480 ES, 1994 480 GT, 1994 Celebration, 1995 Celebration #286, Celebration 293. All passed on to the BIg Crusher!https://www.volvo-480-europe.org/forum/ucp.php?i=ucp_profile&mode=signature#

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glasgowjim
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Re: online petition for 25 year rolling VED exemption GOVT r

Post by glasgowjim » Sun Feb 21, 2016 2:49 pm

No rob not a 21 yo fridge it would be a 21 y o swimming pool. :rofl:

gltease
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Re: online petition for 25 year rolling VED exemption GOVT r

Post by gltease » Mon Feb 22, 2016 12:24 pm

glasgowjim wrote:No rob not a 21 yo fridge it would be a 21 y o swimming pool. :rofl:
At the very least a paddling pool for the rear passengers... Throw a set orange inflatable arm bands in the boot just in case
'88 Volvo 480 ES
'97 Volvo 940 Turbo

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