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Section 58 VED rates for light passenger vehicles and motorcycles

(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

CO2 emissions figureRate
(1)(2)(3)(4)
ExceedingNot exceedingReduced rateStandard rate
g/kmg/km££
130140120130
140150135145
150165170180
165175285295
175185340350
185200480490
200225630640
225255860870
25510901100
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££
1001101020
1101202030
120130100110
130140120130
140150135145
150165170180
165175195205
175185215225
185200255265
200225280290
225255480490
255495505
;
(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.