VED Bands 2013/2014

by | Mar 20, 2013 | Uncategorised | 0 comments

So it turns out that the 2013 budget wasn’t so painful for car owners after all. Nothing major on the cards, just the usual shuffling of the Vehicle Excise Duty rates (otherwise known as car tax or road tax) and an announcement about fuel duty that had already been leaked to the press.

VED Band Rates For 2013/14

The structure of the VED bands remains the same. Some boffins in a laboratory rate your car for its carbon dioxide emissions and that rating decides which band it fits into in the table below.

The rates are largely unchanged, the increase being tied to inflation and the Retail Price Index (RPI). Coincidentally, every increase is in multiples of £5 or £10 .

It’s only at the top end that the rates get particularly painful, especially for new buyers in the first year, but the thinking goes that if you can afford to buy and run a car that emits so much CO2 then you’ll barely notice the sting when you pay for your tax disc.

VED BandCO2 Emissions (g\/km)2012\/13 Standard Rate2012\/13 First Year Rate2013\/14 Standard Rate2013\/14 First Year Rate
AUp to 100\u00a30\u00a30\u00a30\u00a30
B101 - 110\u00a320\u00a30\u00a320\u00a30
C111 - 120\u00a330\u00a30\u00a330\u00a30
D121 - 130\u00a3100\u00a30\u00a3105\u00a30
E131 - 140\u00a3120\u00a3120\u00a3125\u00a3115
F141 - 150\u00a3135\u00a3135\u00a3140\u00a3130
G151 - 165\u00a3170\u00a3170\u00a3175\u00a3165
H166 - 175\u00a3195\u00a3275\u00a3200\u00a3265
I176 - 185\u00a3215\u00a3325\u00a3220\u00a3315
J186 - 200\u00a3250\u00a3460\u00a3260\u00a3445
K201 - 225\u00a3270\u00a3600\u00a3280\u00a3580
L226 - 255\u00a3460\u00a3815\u00a3475\u00a3790
Mover 255\u00a3475\u00a31030\u00a3490\u00a31065

Cars Registered Before March 2001

The rules are still the same for older cars that were registered before the current CO2-based system was introduced in March 2001. The amount you pay is decided by the size of your engine – 1,549cc and under or 1,550cc and over.

Engine Capacity2012\/2013 Tax Rate2013\/2014 Tax Rate
1,549cc or less\u00a3135 per year\u00a3140 per year
Over 1,549cc\u00a3215 per year\u00a3220 per year

So yes, you can still tax a twelve year-old supercar for less than half of what it costs for its cleaner, modern equivalent.

Fuel Duty For 2013/14

The fuel duty change concerns the increase that is supposed to come into effect every year, dubbed the Fuel Duty Escalator, that raises fuel duty in line with inflation plus another penny per litre. With the economy just about clinging on for dear life the powers-that-be in Number 11 have repeatedly postponed this increase. A 1.89 pence/litre rise in duty was due to come into effect in September 2013.

George Osborne has finally seen sense and cancelled the increase completely rather than push it back yet again. Of course, don’t go thinking that the Fuel Duty Escalator is gone for good. It’s still lurking out there and will undoubtedly make a repeat visit next year.

This means that fuel duty rates are held at 57.95 pence for a litre of either unleaded or diesel. If you’re running your car on LPG then you’ll be paying 31.61 pence for each kilogram.

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