89 Payment of vehicle excise duty by direct debit
Finance Act 2014 (2014 c 26) | Legislation

89  Payment of vehicle excise duty by direct debit

(1)     VERA 1994 is amended as follows.

(2)     In section 4 (amount of duty) for subsections (1) to (2A) substitute—

“(1)     Where a vehicle licence for a vehicle of any description is taken out for a period of 12 months, vehicle excise duty is to be paid on the licence—

(a)     at the annual rate of duty applicable to vehicles of that description, or

(b)     if the duty is to be paid by more than one instalment pursuant to an agreement under section 19B, at a rate equal to 105% of that annual rate.

(2)     Subject to subsection (2A), where a vehicle licence for a vehicle of any description is taken out for a period of 6 months, vehicle excise duty is to be paid on the licence—

(a)     at a rate equal to 55% of the annual rate of duty applicable to vehicles of that description, or

(b)     if the duty is to be paid by direct debit pursuant to an agreement under section 19B, at a rate equal to 52.5% of that annual rate.

(2A)     In the case of a vehicle which is charged to HGV road

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