Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to retain the Vehicle Excise Duty exemption for vintage motorcycles.

At Budget 2014 the Government at the time announced that it would introduce a rolling 40-year exemption from Vehicle Excise Duty (VED) for historic vehicles, including motorcycles. This means that currently vehicles constructed before 1 January 1985 are exempt from paying VED. From 1 April 2026 vehicles constructed before 1 January 1986 will become exempt from VED.

The Government annually reviews the rates and thresholds of taxes and reliefs to ensure that they are appropriate and reflect the current state of the economy.