- Latest available (Revised)
- Original (As enacted)
Finance Act 2015
You are here:
- UK Public General Acts
- 2015 c. 11
- PART 2
- Vehicle excise duty
What Version
Advanced Features
Opening Options
More Resources
Status:
This is the original version (as it was originally enacted).
Vehicle excise duty
58VED 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 figure | Rate | ||
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| Exceeding | Not exceeding | Reduced rate | Standard rate |
| g/km | g/km | £ | £ |
| 130 | 140 | 120 | 130 |
| 140 | 150 | 135 | 145 |
| 150 | 165 | 170 | 180 |
| 165 | 175 | 285 | 295 |
| 175 | 185 | 340 | 350 |
| 185 | 200 | 480 | 490 |
| 200 | 225 | 630 | 640 |
| 225 | 255 | 860 | 870 |
| 255 | — | 1090 | 1100 |
Table 2
Rates payable on any other vehicle licence for vehicle
| 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 | 100 | 110 |
| 130 | 140 | 120 | 130 |
| 140 | 150 | 135 | 145 |
| 150 | 165 | 170 | 180 |
| 165 | 175 | 195 | 205 |
| 175 | 185 | 215 | 225 |
| 185 | 200 | 255 | 265 |
| 200 | 225 | 280 | 290 |
| 225 | 255 | 480 | 490 |
| 255 | — | 495 | 505”; |
(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.
59VED: extension of old vehicles exemption from 1 April 2016
(1)In Schedule 2 to VERA 1994 (exempt vehicles) in paragraph 1A(1) (exemption for old vehicles) for the words from “constructed” to the end substitute “constructed before 1 January 1976”.
(2)The amendment made by subsection (1) comes into force on 1 April 2016; but nothing in that subsection has the effect that a nil licence is required to be in force in respect of a vehicle while a vehicle licence is in force in respect of it.
Options/Help
Print Options
PrintThe Whole Act
PrintThe Whole Part
PrintThis Cross Heading only
You have chosen to open The Whole Act
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
You have chosen to open The Whole Act as a PDF
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
You have chosen to open the Whole Act
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
You have chosen to open Schedules only
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
See additional information alongside the content
Show Explanatory Notes for Sections: Displays relevant parts of the explanatory notes interweaved within the legislation content.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Notes
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.