Views on the petition to reduce the 40 years plus VED exemption for Historic vehicles News item in the latest FBHVC magazine Alongside is a copy of the FBHVC news item with their views on the petition launched earlier this year seeking to reduce vehicle road tax for cars aged between 40 and 20 years old. The petition was rejected by the UK Government. See our earlier news item released in April 2024. More Current VED exemption for Historic vehicles It's a concesion available to owners of Historic vehicles that are 40 years plus old and is on a rolling annual basis. The Federation's article reviews the key issues in a balanced way. Posted: 240627 News item in the latest FBHVC magazine, sets out their view on the petition to reduce the 40 year VED exemption for Historic vehicles, contributed by Lindsay Irvine, the Chairman of the FBHVC Legislation Committee