Martin Lewis gives money-saving advice on VED car tax
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He warned many historic owners are unaware their car is considered tax-exempt and are not liable for fees. Any model built before January 1, 1981, is currently exempt from paying vehicle tax.
This is determined on a rolling 40-year basis meaning cars built after January 1, 1982, will be exempt from next April.
GOV.UK warns drivers who don’t know when their vehicle was built will not need to pay tax if the car was registered before January 8, 1981.
However, GOV.UK says drivers “must apply” for historic exemption to stop paying fees.
Historic tax exemptions are also in place for many Clean Air Zones such as London’s ULEZ and Birmingham.
However, in most cases, drivers must show they have a historic vehicle exemption class for their application to be successful.
Mr Cheeda, spokesperson for Marc Brunel Recruitment who work with classic car firms, warns drivers unaware of the scheme may be paying tax fees when they shouldn’t be.
He has called for information to be “more broadly” available for drivers to ensure everyone can make the savings they deserve.
Speaking to Express.co.uk, he said: “I think in terms of the information out there it’s very limited unless you look into it.
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“If you do not actually look into it, you would automatically not think your car is exempt.
“I think that information needs to be out there more broadly and more detailed really.”
In a baffling twist, GOV.UK confirms drivers do not need to apply for a historic MOT exemption.
Meanwhile, tax exemption letters are not automatically generated and sent to drivers to look into.
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