Section 195 VED rates for light passenger vehicles, light goods vehicles, motorcycles etc
Schedule 1 to VERA 1994 (annual rates of duty) is amended as follows.
In paragraph 1 (general)—
in sub-paragraph (2) (vehicle not covered elsewhere in Schedule otherwise than with engine cylinder capacity not exceeding 1,549cc), for “£215” substitute “ £220 ”, and
in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£130” substitute “ £135 ”.
In paragraph 1B (graduated rates of duty for light passenger vehicles)—
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 £ £ 130 140 110 120 140 150 125 135 150 165 160 170 165 175 265 275 175 185 315 325 185 200 450 460 200 225 590 600 225 255 805 815 255 1020 1030 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 90 100 130 140 110 120 140 150 125 135 150 165 160 170 165 175 185 195 175 185 205 215 185 200 240 250 200 225 260 270 225 255 450 460 255 465 475
in the sentence immediately following the tables, for paragraphs (a) and (b) substitute—
(a)in column (3), in the last two rows, “260” were substituted for “450” and “ 465 ”, and
(b)in column (4), in the last two rows, “270” were substituted for “460” and “ 475 ”.
In paragraph 1J (VED rates for light goods vehicles)—
in paragraph (a), for “£210” substitute “ £215 ”, and
in paragraph (b), for “£130” substitute “ £135 ”.
In paragraph 2(1) (VED rates for motorcycles)—
in paragraph (b), for “£35” substitute “ £36 ”,
in paragraph (c), for “£53” substitute “ £55 ”, and
in paragraph (d), for “£74” substitute “ £76 ”.
The amendments made by this section have effect in relation to licences taken out on or after 1 April 2012.