Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has considered introducing additional Vehicle Excise Duty charges for vehicles over 10 years old.

Vehicle Excise Duty (VED), sometimes known as 'road tax' or 'car tax', is a tax on vehicles used or kept on public roads. Different rates apply to cars, vans, heavy goods vehicles and motorcycles, and the rate for each vehicle is calculated according to a range of factors, such as its date of first registration, weight, or CO2 emissions.

There is currently a rolling 40-year exemption from VED for classic cars. Currently, vehicles constructed before 1 January 1986 are exempt from paying VED. From 1 April 2027 vehicles constructed before 1 January 1987 will become exempt from VED.