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Finance Act 2018

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Change 1

What to do with it
As published

44 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 rate)— (a) in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£245” substitute “ £255 ”, and (b) in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£150” substitute “ £155 ”. (3) In paragraph 1B (rates for light passenger vehicles registered before 1 April 2017)— (a) for the Table substitute— 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 | 110 | 120 130 | 140 | 130 | 140 140 | 150 | 145 | 155 150 | 165 | 185 | 195 165 | 175 | 220 | 230 175 | 185 | 240 | 250 185 | 200 | 280 | 290 200 | 225 | 305 | 315 225 | 255 | 530 | 540 255 | 545 | 555 ; (b) in the sentence immediately following the Table, for paragraphs (a) and (b) substitute— (a) in column (3), in the last two rows, “305” were substituted for “530” and “ 545 ”, and (b) in column (4), in the last two rows, “315” were substituted for “540” and “ 555 ”. (4) For paragraph 1GC (rates on first licence for light passenger vehicles registered on or after 1 April 2017) substitute— 1GC (1) This paragraph applies for the purpose of determining the rate at which vehicle excise duty is to be paid on the first vehicle licence for a vehicle to which this Part of this Schedule applies. (2) If the vehicle is not a higher rate diesel vehicle, the annual rate of duty applicable to the vehicle is determined in accordance with Table 1 by reference to— (a) the applicable CO2 emissions figure, and (b) whether the vehicle qualifies for the reduced rate of duty or is liable to the standard rate of duty. (3) If the vehicle is a higher rate diesel vehicle, the annual rate of duty applicable to the vehicle is determined in accordance with Table 2 by reference to the applicable CO2 emissions figure. Table 1 - vehicles other than higher rate diesel vehicles CO2 emissions figure | Rate (1) | (2) | (3) | (4) Exceeding | Not exceeding | Reduced rate | Standard rate g/km | g/km | £ | £ 0 | 50 | 10 50 | 75 | 15 | 25 75 | 90 | 95 | 105 90 | 100 | 115 | 125 100 | 110 | 135 | 145 110 | 130 | 155 | 165 130 | 150 | 195 | 205 150 | 170 | 505 | 515 170 | 190 | 820 | 830 190 | 225 | 1230 | 1240 225 | 255 | 1750 | 1760 255 | - | 2060 | 2070 Table 2 - higher rate diesel vehicles CO2 emissions figure | Rate (1) | (2) | (3) Exceeding | Not exceeding | Rate g/km | g/km | £ 0 | 50 | 25 50 | 75 | 105 75 | 90 | 125 90 | 100 | 145 100 | 110 | 165 110 | 130 | 205 130 | 150 | 515 150 | 170 | 830 170 | 190 | 1240 190 | 225 | 1760 225 | 255 | 2070 255 | - | 2070 (4) For the purposes of this paragraph a vehicle is a higher rate diesel vehicle if it is constructed so as to be propelled by diesel and it does not meet the Euro 6d emissions standard. (5) A vehicle meets the Euro 6d emissions standard only if it is first registered on the basis of an EU certificate of conformity which indicates that the exhaust emission level is Euro 6d (and it does not meet that standard if it is first registered on the basis of an EU certificate of conformity which indicates that that level is Euro 6d-TEMP). (6) “Diesel” means any diesel fuel within Article 2 of Directive 98/70/EC of the European Parliament and of the Council. (5) In paragraph 1J (rates for light goods vehicles) in paragraph (a) for “£240” substitute “ £250 ”. (6) In paragraph 2(1) (rates for motorcycles)— (a) in paragraph (a), for “£18” substitute “ £19 ”, (b) in paragraph (b), for “£41” substitute “ £42 ”, (c) in paragraph (c), for “£62” substitute “ £64 ”, and (d) in paragraph (d), for “£85” substitute “ £88 ”. (7) The amendments made by this section have effect in relation to licences taken out on or after 1 April 2018.

Your change, as a redline

44 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 rate)— (a) in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£245” substitute “ £255 ”, and (b) in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£150” substitute “ £155 ”. (3) In paragraph 1B (rates for light passenger vehicles registered before 1 April 2017)— (a) for the Table substitute— 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 | 110 | 120 130 | 140 | 130 | 140 140 | 150 | 145 | 155 150 | 165 | 185 | 195 165 | 175 | 220 | 230 175 | 185 | 240 | 250 185 | 200 | 280 | 290 200 | 225 | 305 | 315 225 | 255 | 530 | 540 255 | 545 | 555 ; (b) in the sentence immediately following the Table, for paragraphs (a) and (b) substitute— (a) in column (3), in the last two rows, “305” were substituted for “530” and “ 545 ”, and (b) in column (4), in the last two rows, “315” were substituted for “540” and “ 555 ”. (4) For paragraph 1GC (rates on first licence for light passenger vehicles registered on or after 1 April 2017) substitute— 1GC (1) This paragraph applies for the purpose of determining the rate at which vehicle excise duty is to be paid on the first vehicle licence for a vehicle to which this Part of this Schedule applies. (2) If the vehicle is not a higher rate diesel vehicle, the annual rate of duty applicable to the vehicle is determined in accordance with Table 1 by reference to— (a) the applicable CO2 emissions figure, and (b) whether the vehicle qualifies for the reduced rate of duty or is liable to the standard rate of duty. (3) If the vehicle is a higher rate diesel vehicle, the annual rate of duty applicable to the vehicle is determined in accordance with Table 2 by reference to the applicable CO2 emissions figure. Table 1 - vehicles other than higher rate diesel vehicles CO2 emissions figure | Rate (1) | (2) | (3) | (4) Exceeding | Not exceeding | Reduced rate | Standard rate g/km | g/km | £ | £ 0 | 50 | 10 50 | 75 | 15 | 25 75 | 90 | 95 | 105 90 | 100 | 115 | 125 100 | 110 | 135 | 145 110 | 130 | 155 | 165 130 | 150 | 195 | 205 150 | 170 | 505 | 515 170 | 190 | 820 | 830 190 | 225 | 1230 | 1240 225 | 255 | 1750 | 1760 255 | - | 2060 | 2070 Table 2 - higher rate diesel vehicles CO2 emissions figure | Rate (1) | (2) | (3) Exceeding | Not exceeding | Rate g/km | g/km | £ 0 | 50 | 25 50 | 75 | 105 75 | 90 | 125 90 | 100 | 145 100 | 110 | 165 110 | 130 | 205 130 | 150 | 515 150 | 170 | 830 170 | 190 | 1240 190 | 225 | 1760 225 | 255 | 2070 255 | - | 2070 (4) For the purposes of this paragraph a vehicle is a higher rate diesel vehicle if it is constructed so as to be propelled by diesel and it does not meet the Euro 6d emissions standard. (5) A vehicle meets the Euro 6d emissions standard only if it is first registered on the basis of an EU certificate of conformity which indicates that the exhaust emission level is Euro 6d (and it does not meet that standard if it is first registered on the basis of an EU certificate of conformity which indicates that that level is Euro 6d-TEMP). (6) “Diesel” means any diesel fuel within Article 2 of Directive 98/70/EC of the European Parliament and of the Council. (5) In paragraph 1J (rates for light goods vehicles) in paragraph (a) for “£240” substitute “ £250 ”. (6) In paragraph 2(1) (rates for motorcycles)— (a) in paragraph (a), for “£18” substitute “ £19 ”, (b) in paragraph (b), for “£41” substitute “ £42 ”, (c) in paragraph (c), for “£62” substitute “ £64 ”, and (d) in paragraph (d), for “£85” substitute “ £88 ”. (7) The amendments made by this section have effect in relation to licences taken out on or after 1 April 2018.

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