Part 1Direct and indirect taxes
Indirect taxes
20Vehicle excise duty: rates
1
Schedule 1 to VERA 1994 (annual rates of duty) is amended as follows.
2
In paragraph 1 (general rate of duty)—
a
in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£235” substitute “
£245
”
, and
b
in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£145” substitute “
£150
”
.
3
In paragraph 1B (graduated rates of duty for light passenger vehicles)—
a
in the words before paragraph (a), for “tables” substitute “
table
”
,
b
in paragraph (a), at the end insert “
and
”
,
c
in paragraph (b), at the end omit “, and”,
d
omit paragraph (c),
e
for Tables 1 and 2 substitute—
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
105
115
130
140
125
135
140
150
140
150
150
165
180
190
165
175
210
220
175
185
230
240
185
200
270
280
200
225
295
305
225
255
510
520
255
525
535
f
in the sentence immediately following Table 2—
i
at the beginning, for “Table 2” substitute “
The table
”
, and
ii
for paragraphs (a) and (b) substitute—
a
in column (3), in the last two rows, “295” were substituted for “510” and
“ 525 ”, andb
in column (4), in the last two rows, “305” were substituted for “520” and
“ 535 ”.
4
In paragraph 1J (VED rates for light goods vehicles), in paragraph (a), for “£230” substitute “
£240
”
.
5
In paragraph 2(1) (VED rates for motorcycles)—
a
in paragraph (a), for “£17” substitute “
£18
”
,
b
in paragraph (b), for “£39” substitute “
£41
”
,
c
in paragraph (c), for “£60” substitute “
£62
”
, and
d
in paragraph (d), for “£82” substitute “
£85
”
.
6
The amendments made by this section have effect in relation to licences taken out on or after 1 April 2017.