(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”, and | |
(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.