{
  "url": "https://openlegislation.uk/finance-act-2016/section-150",
  "json_url": "https://openlegislation.uk/finance-act-2016/section-150.json",
  "legislation": "ukpga/2016/24",
  "legislation_title": "Finance Act 2016",
  "legislation_url": "https://openlegislation.uk/finance-act-2016",
  "path": "section/150",
  "kind": "section",
  "number": "150",
  "heading": "VED: rates for light passenger vehicles, light goods vehicles, motorcycles etc",
  "text": "(1) Schedule 1 to VERA 1994 (annual rates of duty) is amended as follows.\n(2) In paragraph 1(2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£230” substitute “ £235 ”.\n(3) In paragraph 1B (graduated rates of duty for light passenger vehicles)—\n(a) for the tables substitute—\n“\nTable 1\nRates payable on first vehicle licence for vehicle\nCO2 emissions figure\nRate\n(1)\n(2)\n(3)\n(4)\nExceeding\nNot exceeding\nReduced rate\nStandard rate\ng/km\ng/km\n£\n£\n130\n140\n120\n130\n140\n150\n135\n145\n150\n165\n175\n185\n165\n175\n290\n300\n175\n185\n345\n355\n185\n200\n490\n500\n200\n225\n640\n650\n225\n255\n875\n885\n255\n1110\n1120\nTable 2\nRates payable on any other vehicle licence for vehicle\nCO2 emissions figure\nRate\n(1)\n(2)\n(3)\n(4)\nExceeding\nNot exceeding\nReduced rate\nStandard rate\ng/km\ng/km\n£\n£\n100\n110\n10\n20\n110\n120\n20\n30\n120\n130\n100\n110\n130\n140\n120\n130\n140\n150\n135\n145\n150\n165\n175\n185\n165\n175\n200\n210\n175\n185\n220\n230\n185\n200\n260\n270\n200\n225\n285\n295\n225\n255\n490\n500\n255\n505\n515”;\n”\n(b) in the sentence immediately following the tables, for paragraphs (a) and (b) substitute—\n“(a) in column (3), in the last two rows, “285” were substituted for “490” and “ 505 ”, and\n(b) in column (4), in the last two rows, “295” were substituted for “500” and “ 515 ”.”\n(4) In paragraph 1J (VED rates for light goods vehicles), in paragraph (a), for “£225” substitute “ £230 ”.\n(5) In paragraph 2(1) (VED rates for motorcycles)—\n(a) in paragraph (b), for “£38” substitute “ £39 ”,\n(b) in paragraph (c), for “£59” substitute “ £60 ”, and\n(c) in paragraph (d), for “£81” substitute “ £82 ”.\n(6) The amendments made by this section have effect in relation to licences taken out on or after 1 April 2016.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/24/section/150",
    "retrieved_at": "2026-10-29T09:06:05.350093+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}