Section 58 | VED rates for light passenger vehicles and motorcycles

From legislation.gov.uk

(1)Schedule 1 to VERA 1994 (annual rates of duty) is amended as follows.

(2)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 £ £ 130 140 120 130 140 150 135 145 150 165 170 180 165 175 285 295 175 185 340 350 185 200 480 490 200 225 630 640 225 255 860 870 255 1090 1100

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 30 120 130 100 110 130 140 120 130 140 150 135 145 150 165 170 180 165 175 195 205 175 185 215 225 185 200 255 265 200 225 280 290 225 255 480 490 255 495 505

;

(b)in the sentence immediately following the tables, for paragraphs (a) and (b) substitute—

(a)in column (3), in the last two rows, “280” were substituted for “480” and “ 495 ”, and

(b)in column (4), in the last two rows, “290” were substituted for “490” and “ 505 ”.

(3)In paragraph 2(1) (VED rates for motorcycles)—

(a)in paragraph (c), for “£58” substitute “ £59 ”, and

(b)in paragraph (d), for “£80” substitute “ £81 ”.

(4)The amendments made by this section have effect in relation to licences taken out on or after 1 April 2015.