In the Overview of Legislation and Tax rates for 2014-'15, the treasury states that the rolling benefit will affect around 10,000 classic car owners per year, who are currently paying VED, but will be newly exempt from 2015.here's good news for classic car owners in the 2014 budget. From April 2014, the classic car exemption from VED will begin rolling from 40 years, with cars built before January 1974 eligible for a zero-rated tax disc. Then, from January 2015, the formerly fixed cut-off, will become a rolling one.