Engine size (cc) Not over 1549
6 months rate (£71.50) £74.25
12 months rate (£130.00) £135.00
Engine size (cc) Over 1549
6 months rate (£118.25) £121.00
12 months rate (£215.00) £220.00
2.147 Vehicle excise duty (VED) rates 2012–13 – From 1 April 2012, VED rates will increase in line with the RPI, apart from VED rates for Heavy Goods Vehicles which will be frozen in 2012–13. (Finance Bill 2012) (25)
2.148 VED reform – 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. In addition, the Government aims to develop a direct debit system to allow motorists to spread their VED payments. The Government will seek the views of motoring groups on these measures.
2.149 VED: tax disc display waiver – The Government will reduce tax disc postage costs by extending to fourteen days the grace period, following the payment of tax, on the non-display of a tax disc in a vehicle. (Finance Bill 2013)
2.127 Fair Fuel Stabiliser – As announced at Budget 2011, the Government will introduce a Fair Fuel Stabiliser. Further details of how the stabiliser will operate are set out in an accompanying Written Ministerial Statement.
