Dealing with HMRC – policy paper

Vehicle excise duty: 40 year rolling exemption for classic vehicles

This Tax Information and Impact Note explains the extended exemption from Vehicle Excise Duty to vehicles constructed before 1 January 1974.

Detail

The measure extends exemption from Vehicle Excise Duty (VED) to vehicles constructed before 1 January 1974.

The VED exemption is designed to support the use on UK roads of classic and vintage vehicles, which the government considers them to be part of the country’s heritage, and provide support to the wider motoring sector.