The Vehicle Excise Duty, also known as Road Fund Tax or just Road Tax, has increased again from this month. This historic tax dating from 1910 was originally ring fenced to pay for road construction and maintenance of the roads in the UK. The Roads Act 1920 required local councils to register new vehicles and allocate a registration number to them. Since 1937, payments go into the general government pot.
Depending on when your car was manufactured and the emissions it produces, determines the tax band it falls into. Many older sport cars on the road today will now pay as much as £798 per annum if paid by monthly direct debit. If you drive a classic car that is over 40 years, then it is exempt from payment. The latest rates are explained in full at the Government website: https://www.gov.uk/government/publications/rates-of-vehicle-tax-v149
Spring Autojumbles
‘Tis the season for the start of autojumbles. The holy gathering of car enthusiasts looking to buy or sell second-hand vehicle parts, accessories and automobilia. Some sellers have had a garage clear out and want to offer hoarded items to a good home. Occasionally those hard to find parts may turn up. If you own an older classic car and are looking for a part such as a light or mirror, then you may strike lucky and find one at an autojumble. Many autojumbles are ran around the country usually at the weekends and some are part of a Car Boot sale presence. Check online for one near you.
