PART 2Excise duties and other taxes
Vehicle excise duty
81VED rates for light passenger vehicles, light goods vehicles, motorcycles etc
1
Schedule 1 to VERA 1994 (annual rates of duty) is amended as follows.
2
In paragraph 1 (general)—
a
in sub-paragraph (2) (vehicle not covered elsewhere in Schedule otherwise than with engine cylinder capacity not exceeding 1,549cc), for “£225” substitute “
£230
”
, and
b
in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£140” substitute “
£145
”
.
3
In paragraph 1B (graduated rates of duty for light passenger vehicles)—
a
for the tables substitute—
Table 1Rates payable on first vehicle licence for vehicle
CO2 emissions figure
Rate
(1)
(2)
(3)
(4)
Exceeding
Not exceeding
Reduced rate
Standard rate
g/km
g/km
£
£
130
140
120
130
140
150
135
145
150
165
170
180
165
175
280
290
175
185
335
345
185
200
475
485
200
225
625
635
225
255
850
860
255
1080
1090
Table 2Rates payable on any other vehicle licence for vehicle
CO2 emissions figure
Rate
(1)
(2)
(3)
(4)
Exceeding
Not exceeding
Reduced rate
Standard rate
g/km
g/km
£
£
100
110
10
20
110
120
20
30
120
130
100
110
130
140
120
130
140
150
135
145
150
165
170
180
165
175
195
205
175
185
215
225
185
200
255
265
200
225
275
285
225
255
475
485
255
490
500
b
in the sentence immediately following the tables, for paragraphs (a) and (b) substitute—
a
in column (3), in the last two rows, “275” were substituted for “475” and
“ 490 ”, andb
in column (4), in the last two rows, “285” were substituted for “485” and
“ 500 ”.
4
In paragraph 1J (VED rates for light goods vehicles), in paragraph (a), for “£220” substitute “
£225
”
.
5
In paragraph 2(1) (VED rates for motorcycles)—
a
in paragraph (b), for “£37” substitute “
£38
”
,
b
in paragraph (c), for “£57” substitute “
£58
”
, and
c
in paragraph (d), for “£78” substitute “
£80
”
.
6
The amendments made by this section have effect in relation to licences taken out on or after 1 April 2014.