Mercedes CLA
follows
Share this article
  •  
  •  
  •  
  •  
  •  
  •  

Mercedes CLA
The use of Vehicle Excise Duty not just as a revenue raising tool, but as a lever to reduce emissions continues. There was a strong hint in the Budget that this role may grow….

VEHICLE Excise Duty (VED), or road tax as most of us still call it, will increase in line with inflation from 1 April 2013.

The increases across the 13 bands range from zero for bands A-C, £5 for bands D-I, £10 for bands J and K and £15 for bands L and M. The first year rates also increase in line with inflation. The full table is shown below.

But be warned, that while this Budget’s increases were much as expected, the Budget document said that: “The Government will consider whether to reform VED over the medium term to ensure that all motorists continue to make a fair contribution to the sustainability of the public finances, and to reflect continuing improvements in vehicle fuel efficiency.”

We have been warned!

 

VED BandCO2 emissions (g/km)2012/13
first year rate
2012/13
standard rate
2013/14
first year
rate
2013/14
standard rate
A <1000000
B 101-1100£200£20
C 111-1200£300£30
D 121-130 0 £1000 £105
E 131-140 £120£120£125£125
F 141-150£135£135£140£140
G 151-165£170£170£175£175
H 166-175 £275£195£285£200
I 176-185 £325 £215 £335£220
J186-200£460£250£475£260
K 201-225 £815£460 £840£475
L 226-255£815£460£840£475
M Over 255£1030 £475£1065£490

 

Do You Have A Vehicle Leasing Question?
Feel free to ask us your question...

Share this article
  •  
  •  
  •  
  •  
  •  
  •  

LEAVE A REPLY

Please enter your comment!
Please enter your name here