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Wednesday, 23 March 2016

Classic cars permanently exempted from road tax in Budget -

Classic cars will be permanently exempted from VED the FT reports. From 1st April each year, vehicles constructed more than 40 years before the 1st January of that year will automatically be exempt from paying vehicle excise (or as the FT has it "exercise") duty. The change was announced in the budget.

The government statement is here.

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