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Thread: Iva

  1. #11
    Join Date
    Oct 2017
    Location
    Oxford
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    1,143
    Quote Originally Posted by RogerKnill View Post
    If you obtain an age related registration, as the donor is >40 years, you should be able to get historic status and be taxed at £0 per yr.

    well done on passing IVA on the first attempt.
    Thats not correct. Regardless of whether an age related registration is issued or not it will still be registered in 2021
    Classic Replica Viper currently in build

  2. #12
    Join Date
    May 2004
    Location
    Cowbridge, United Kingdom
    Age
    63
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    10,247
    Quote Originally Posted by RogerKnill View Post
    If you obtain an age related registration, as the donor is >40 years, you should be able to get historic status and be taxed at £0 per yr.

    well done on passing IVA on the first attempt.
    Unfortunately no longer the case.
    They closed that loop hole a good while back.

    Mick well done on your pass.
    Kev Davies
    South Wales Area Rep. UKCC Membership Secretary
    DAX Mk4, 383 Chevy Stroker, Tremec. SOLD
    Contemporary CCX 3-4028, 445ci Big Block FORD FE,TKO 600, Old School IVA'd and SOLD
    Dax De Dion LS2 and T56 IVA'd June '17 SOLD
    1965 Ford Mustang 289 Convertible SOLD
    In build- Hawk 289 Sebring Awaiting IVA

  3. #13
    Join Date
    May 2003
    Location
    Hampshire
    Posts
    156
    Well, I must of missed that.

    DVLA changed my cobra to historic back in 2018, it was them that suggested it when I rang up to check something on the changed MOT wording.
    Roger

    RamSC 351 Cleveland

    on the road 20 years- nearly finished

  4. #14
    Join Date
    May 2003
    Location
    Hampshire
    Posts
    156
    Quote Originally Posted by KugaWestie View Post
    Thats not correct. Regardless of whether an age related registration is issued or not it will still be registered in 2021
    Tax class is not based on year of registration, it’s the year of manufacture. With my car, the year of manufacture was kept at the year of manufacture of the donor. Cobra was registered in 2000, SVA’d in 1999

    this still applies, for example, in 2019 I registered a triumph bonneville import built in the 70s, V5 states year of registration 2019, year of manufacture in the 70s, still qualifies for historic tax class. This still applies to date.

    bit of a shame if they have closed this for kit cars
    Last edited by RogerKnill; 28-02-21 at 11:54 AM.
    Roger

    RamSC 351 Cleveland

    on the road 20 years- nearly finished

  5. #15
    Join Date
    Oct 2008
    Location
    Near Gainsborough
    Posts
    69
    Quote Originally Posted by braincol View Post
    Mick,

    Passed my IVA today, AK Gen 1, probably the longest build ever.

    When was yours started ? Mine was started in 2002 and passed IVA in 2019.

    Brian.
    Brian, collected the kit in august 2004, passed IVA last friday 26-02-2021, much water under the bridge between collection and IVA

  6. #16
    Join Date
    Oct 2008
    Location
    Near Gainsborough
    Posts
    69
    Quote Originally Posted by RogerKnill View Post
    Tax class is not based on year of registration, it’s the year of manufacture. With my car, the year of manufacture was kept at the year of manufacture of the donor. Cobra was registered in 2000, SVA’d in 1999

    this still applies, for example, in 2019 I registered a triumph bonneville import built in the 70s, V5 states year of registration 2019, year of manufacture in the 70s, still qualifies for historic tax class. This still applies to date.

    bit of a shame if they have closed this for kit cars
    Thanks Roger, I can but hope. My donor jaguar logbook is 1970's, so it would be nice to get historic tax class, Mick

  7. #17
    Join Date
    Feb 2007
    Location
    Essex, UK
    Posts
    4,105
    My donor logbook was 1971, but sadly no tax exemption (2009 IVA &registration)
    Simon
    WARNING: Translation of author's random thoughts may have resulted in the unintended introduction of grammatical errors, typos, technical inaccuracies, lies, propaganda, rhetoric, blasphemy, rambling, and/or exhibition of shocking levels of ignorance.

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