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So, we’ve recently had the Chancellor big it up and
announce his budget for this year. I don’t know about
you, but the much-hyped budget rarely seems to have
any real effect on me. This year it appears I’m going to pay
slightly less income tax in the future, a pint of beer will
cost me 1p less, but a bottle of wine will cost me more.
The good news for us motorists was that the proposed fuel hike
in September is to be cancelled, but there was a further point of
interest to us old car drivers. Virtually hidden amongst George
Osborne’s spiel about economic growth and national debt, was
the surprising revelation that free historic road tax would be
extended to vehicles built before 1 January 1974. Has this 12-month
extension on qualifying any other relevance? Does it signify a move
towards a rolling exemption, as originally announced all those
years ago? I doubt it, but at least it’s a step in the right direction.
Further interesting news of late is the publication of two reports
by the Federation of British Historic Vehicle Clubs. Seemingly Lord
Montagu of Beaulieu wanted to know the economic impact of the
Beaulieu International Autojumble, and Lord March reckoned the
Goodwood Revival does its bit for the local economy as well. The FBHVC
worked in conjunction with the University of Brighton to undertake
both of these studies and the published results are quite staggering.
Facts and figures abound in the reports but, to cut to the chase,
the Beaulieu Autojumble turns over £11 million, contributes
half a million quid in VAT to the treasury and has an economic
benefit of £3 million to the New Forest area. Impressive, huh?
But that’s nothing compared to the Goodwood Revival, which has
a £32 million turnover, shells out £4 million in VAT and makes a
contribution to the local economy of £12 million every year.
Now, what are the chances of getting similar studies done for the
likes of the NSRA Swap Meet or the NASC Nationals? Yeah, I thought
not.
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Custom Car

Custom Car May 2013 So, we’ve recently had the Chancellor big it up and announce his budget for this year. I don’t know about you, but the much-hyped budget rarely seems to have any real effect on me. This year it appears I’m going to pay slightly less income tax in the future, a pint of beer will cost me 1p less, but a bottle of wine will cost me more. The good news for us motorists was that the proposed fuel hike in September is to be cancelled, but there was a further point of interest to us old car drivers. Virtually hidden amongst George Osborne’s spiel about economic growth and national debt, was the surprising revelation that free historic road tax would be extended to vehicles built before 1 January 1974. Has this 12-month extension on qualifying any other relevance? Does it signify a move towards a rolling exemption, as originally announced all those years ago? I doubt it, but at least it’s a step in the right direction. Further interesting news of late is the publication of two reports by the Federation of British Historic Vehicle Clubs. Seemingly Lord Montagu of Beaulieu wanted to know the economic impact of the Beaulieu International Autojumble, and Lord March reckoned the Goodwood Revival does its bit for the local economy as well. The FBHVC worked in conjunction with the University of Brighton to undertake both of these studies and the published results are quite staggering. Facts and figures abound in the reports but, to cut to the chase, the Beaulieu Autojumble turns over £11 million, contributes half a million quid in VAT to the treasury and has an economic benefit of £3 million to the New Forest area. Impressive, huh? But that’s nothing compared to the Goodwood Revival, which has a £32 million turnover, shells out £4 million in VAT and makes a contribution to the local economy of £12 million every year. Now, what are the chances of getting similar studies done for the likes of the NSRA Swap Meet or the NASC Nationals? Yeah, I thought not.


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Custom Car  |  Custom Car May 2013  


So, we’ve recently had the Chancellor big it up and
announce his budget for this year. I don’t know about
you, but the much-hyped budget rarely seems to have
any real effect on me. This year it appears I’m going to pay
slightly less income tax in the future, a pint of beer will
cost me 1p less, but a bottle of wine will cost me more.
The good news for us motorists was that the proposed fuel hike
in September is to be cancelled, but there was a further point of
interest to us old car drivers. Virtually hidden amongst George
Osborne’s spiel about economic growth and national debt, was
the surprising revelation that free historic road tax would be
extended to vehicles built before 1 January 1974. Has this 12-month
extension on qualifying any other relevance? Does it signify a move
towards a rolling exemption, as originally announced all those
years ago? I doubt it, but at least it’s a step in the right direction.
Further interesting news of late is the publication of two reports
by the Federation of British Historic Vehicle Clubs. Seemingly Lord
Montagu of Beaulieu wanted to know the economic impact of the
Beaulieu International Autojumble, and Lord March reckoned the
Goodwood Revival does its bit for the local economy as well. The FBHVC
worked in conjunction with the University of Brighton to undertake
both of these studies and the published results are quite staggering.
Facts and figures abound in the reports but, to cut to the chase,
the Beaulieu Autojumble turns over £11 million, contributes
half a million quid in VAT to the treasury and has an economic
benefit of £3 million to the New Forest area. Impressive, huh?
But that’s nothing compared to the Goodwood Revival, which has
a £32 million turnover, shells out £4 million in VAT and makes a
contribution to the local economy of £12 million every year.
Now, what are the chances of getting similar studies done for the
likes of the NSRA Swap Meet or the NASC Nationals? Yeah, I thought
not.
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Launched in 1970, Custom Car is the UK’s original modified motoring magazine.

A leading magazine for all things in the customised car world. Custom Car is still the best magazine to bring you the latest round-up of custom cars, hot rods and street machines making waves in the custom car scene around the world.

From low budget traditional hot rods and customs to hi-tech street rods and 250mph drag strip pounders, the expert team of writers bring together event coverage, technical articles, project cars, news and reviews and feature cars every month.

Find out how some of these amazing creations have been put together, the latest goings-on at the heart of the UK drag-racing scene and what else is going on in the world of modified cars.

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Great Mag

Get to the heart of the UK drag-racing scene Revisado 21 agosto 2022

Custom Car

Greetings from Finland. Wartsika Gassers car club.
Excellent magazine : Harry
Revisado 28 julio 2020

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