PART 9Other taxes and duties
Vehicle excise duty
150VED: 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(2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£230” substitute “£235”.
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
175
185
165
175
290
300
175
185
345
355
185
200
490
500
200
225
640
650
225
255
875
885
255
—
1110
1120
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
175
185
165
175
200
210
175
185
220
230
185
200
260
270
200
225
285
295
225
255
490
500
255
—
505
515”;
b
in the sentence immediately following the tables, for paragraphs (a) and (b) substitute—
a
in column (3), in the last two rows, “285” were substituted for “490” and “505”, and
b
in column (4), in the last two rows, “295” were substituted for “500” and “515”.
4
In paragraph 1J (VED rates for light goods vehicles), in paragraph (a), for “£225” substitute “£230”.
5
In paragraph 2(1) (VED rates for motorcycles)—
a
in paragraph (b), for “£38” substitute “£39”,
b
in paragraph (c), for “£59” substitute “£60”, and
c
in paragraph (d), for “£81” substitute “£82”.
6
The amendments made by this section have effect in relation to licences taken out on or after 1 April 2016.