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Budget

Posted: Thu Nov 27, 2025 4:11 pm
by mike1864
It seems that the fears in some quarters that classic cars might be impacted in the Budget have been allayed.
Several other forums are noting that the VED exemption for 40+ year old cars is being retained. Ditto for the MOT exemption.
That said, I can't trace an actual Budget document that says these concessions ARE being retained; it's apparently just that there's no mention of their NOT being retained!

Re: Budget

Posted: Thu Nov 27, 2025 4:25 pm
by geoberni
mike1864 wrote: Thu Nov 27, 2025 4:11 pm It seems that the fears in some quarters that classic cars might be impacted in the Budget have been allayed.
Several other forums are noting that the VED exemption for 40+ year old cars is being retained. Ditto for the MOT exemption.
That said, I can't trace an actual Budget document that says these concessions ARE being retained; it's apparently just that there's no mention of their NOT being retained!
Unsurprisingly, the Government doesn't list all the things they are not changing, because it would be a very long document.... :wink:

Plus, MOT exemption is a DVLA/DfT matter, not the Treasury.