Hi,
To update on
- vehicles in their original state, without substantial changes to the chassis, steering or breaking system, engine etc, at least 30 years old and of a model or type which is no longer in production
I got through to hmrc and they were very helpful. I was told if the car is unmodified and original factory spec then is would come under trade code 9705, which incurs 0% import duty and 5% vat. If in the event that the engine or trans is scrap then provided the replacement is of that era then the car should still be ok. Any modifications would change the classiciation which would incur the full amount.
Link to trade classification -
http://www.gov.uk/trade-tariff