§ Mr. SymsTo ask the Chancellor of the Exchequer what plans he has to change the exemption date for vehicle excise duty on classic cars to vehicles made before 1 January 1973. [92805]
§ John HealeyThe Chancellor announced in his 1998 Budget speech that rolling forward exemption for vehicles over 25-years-old would stop so that only vehicles manufactured before 1 January 1973 remained eligible for the exemption. Continuing the rolling forward exemption was difficult to justify on environmental grounds. Any changes to taxation policy will be announced by the Chancellor in the context of his Budget judgment.