# Vehicle Excise and Registration Act 1994, Paragraph 1GE

Extent: E+W+S+N.I.

(1) Sub-paragraph (2) applies for the purpose of determining the rate at which vehicle excise duty is to be paid on any other vehicle licence for a vehicle to which this Part applies if—
(a) the price of the vehicle exceeds the applicable amount,
(b) the vehicle was first registered, under this Act or under the law of a country or territory outside the United Kingdom, less than six years before the date on which the licence has effect, and
(c) either—
(i) the vehicle was so registered on or after 1 April 2025, or
(ii) it was so registered before that date and its applicable CO2 emissions figure exceeds 0g/km.
(1A) For the purposes of sub-paragraph (1) “the applicable amount” is—
(a) in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and
(b) in any other case, £40,000.
(2) The annual rate of vehicle excise duty applicable to the vehicle is £640.
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) Sub-paragraph (2) does not apply to a vehicle if when it is first registered, whether that is under this Act or under the law of a country or territory outside the United Kingdom, it is a taxi capable of zero emissions (see paragraph 1GG).

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Source: https://www.legislation.gov.uk/ukpga/1994/22/schedule/1/paragraph/1GE (the official version)
Page: https://openlegislation.uk/vehicle-excise-and-registration-act-1994/schedule-1/paragraph-1GE
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.