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Legislation
Finance Act 2014

Crossheading Vehicle excise duty

  • Section 81 VED rates for light passenger vehicles, light goods vehicles, motorcycles etc
  • Section 82 VED rates: rigid goods vehicle with trailers
  • Section 83 VED rates: use for exceptional loads, rigid goods vehicles and tractive units
  • Section 84 VED: extension of old vehicles exemption from 1 April 2014
  • Section 85 VED: extension of old vehicles exemption from 1 April 2015
  • Section 86 Abolition of reduced VED rates for meeting reduced pollution requirements
  • Section 87 Six month licence: tractive units
  • Section 88 Vehicles subject to HGV road user levy: amount of 6 month licence
  • Section 89 Payment of vehicle excise duty by direct debit
  • Section 90 Definition of “revenue weight”
  • Section 91 Vehicle excise and registration: other provisions
  1. Vehicle excise duty
  2. VED rates for light passenger vehicles, light goods vehicles, motorcycles etc

Section 81 | VED rates for light passenger vehicles, light goods vehicles, motorcycles etc

From legislation.gov.uk

(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 1 Rates payable on first vehicle licence for vehicle — shown as text

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 2 Rates payable on any other vehicle licence for vehicle — shown as text

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 ”, and

(b)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.

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