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Section 195 VED 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 (general)—

(a)

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

(b)

in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£130” substitute “ £135 ”.

(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

CO2 emissions figureRate
(1)(2)(3)(4)
ExceedingNot exceedingReduced rateStandard rate
g/kmg/km££
130140110 120
140150125 135
150165160 170
165175265 275
175185315 325
185200450 460
200225590 600
225255805 815
2551020 1030
Table 2

Rates payable on any other vehicle licence for vehicle

CO2 emissions figureRate
(1)(2)(3)(4)
ExceedingNot exceedingReduced rateStandard rate
g/kmg/km££
100110 1020
110120 2030
120130 90100
130140110 120
140150125 135
150165160 170
165175185 195
175185205 215
185200240 250
200225260 270
225255450 460
255465 475
;
(b)

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 ”.

(4)

In paragraph 1J (VED rates for light goods vehicles)—

(a)

in paragraph (a), for “£210” substitute “ £215 ”, and

(b)

in paragraph (b), for “£130” substitute “ £135 ”.

(5)

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

(a)

in paragraph (b), for “£35” substitute “ £36 ”,

(b)

in paragraph (c), for “£53” substitute “ £55 ”, and

(c)

in paragraph (d), for “£74” substitute “ £76 ”.

(6)

The amendments made by this section have effect in relation to licences taken out on or after 1 April 2012.