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 ”, and

b

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.