House of Commons portcullis
House of Commons
Session 2004 - 05
Internet Publications
Other Bills before Parliament

Finance Bill


Finance Bill
Part 1 — Excise duties

5

 

Gaming duty

6       

Rates of gaming duty

(1)   

For the Table in section 11(2) of FA 1997 (rates of gaming duty) substitute—


Table

5

 

Part of gross gaming yield

Rate

 
 

The first £534,500

2.5 per cent.

 
 

The next £1,186,500

12.5 per cent.

 
 

The next £1,186,500

20 per cent.

 
 

The next £2,078,000

30 per cent.

 

10

 

The remainder

40 per cent.

 

(2)   

This section has effect in relation to accounting periods beginning on or after

1st April 2005.

Vehicle excise duty

7       

Rates

15

(1)   

VERA 1994 is amended as follows.

(2)   

In section 4 (vehicle licences: amount of duty), omit—

(a)   

subsection (3) (treatment of fractions of five pence in determining rate

of duty on six month licence which is set at 55% of annual rate), and

(b)   

in subsection (7) (power to amend or repeal by order), “or (3)”.

20

(3)   

In section 13(3)(b) (trade licences: annual rate of duty for licences not to be used

only for motorcycles not exceeding 450 kilogrammes in weight unladen) as

currently in force, for “annual rate currently applicable to a vehicle under

paragraph 1(2) of Schedule 1” substitute “basic goods vehicle rate currently

applicable”.

25

(4)   

In section 13(4)(b) (trade licences: annual rate of duty for licences not to be used

only for motorcycles not exceeding 450 kilogrammes in weight unladen) as set

out in paragraph 8(1) of Schedule 4 to have effect on and after a day appointed

by order, for “annual rate currently applicable to a vehicle under paragraph

1(2) of Schedule 1” substitute “basic goods vehicle rate currently applicable”.

30

(5)   

In both versions of section 13, after subsection (6) insert—

“(7)   

In this section “the basic goods vehicle rate” means the annual rate

applicable, by virtue of sub-paragraph (1) of paragraph 9 of Schedule 1,

to a rigid goods vehicle which—

(a)   

is not a vehicle with respect to which the reduced pollution

35

requirements are satisfied, and

 
 

Finance Bill
Part 1 — Excise duties

6

 

(b)   

falls within column (3) of the table in that sub-paragraph and

has a revenue weight exceeding 3,500 kilograms and not

exceeding 7,500 kilograms.”

(6)   

In sections 35A(5) and 36(3) (dishonoured cheques: appropriate annual rate of

vehicle excise duty), for the words from “to the annual rate” to “(or”

5

substitute—

“(a)   

in the case of a vehicle licence, to the annual rate which at the

beginning of the relevant period was applicable to a vehicle of

the description specified in the application, or

(b)   

in the case of a trade licence, to the basic goods vehicle rate

10

(within the meaning of section 13) which was applicable at that

time (or to the annual rate which at that time was applicable”.

(7)   

Schedule 1 (annual rates of duty) is amended as follows.

(8)   

In paragraph 1(2) (general rate of duty except in case of vehicle with engine

with cylinder capacity not exceeding 1,549 cubic centimetres), for “£165”

15

substitute “£170”.

(9)   

For the Table in paragraph 1B (rates of duty applicable to light passenger

vehicles registered on or after 1st March 2001 on basis of certificate specifying

CO2 emissions figure) substitute—

 

CO2 emissions figure

Rate

 

20

 

(1)

(2)

(3)

(4)

(5)

 
 

Exceeding

Not

Reduced

Standard

Premium

 
  

exceeding

rate

rate

rate

 
 

g/km

g/km

£

£

£

 
 

100

55

65

75

 

25

 

100

120

65

75

85

 
 

120

150

95

105

115

 
 

150

165

115

125

135

 
 

165

185

140

150

160

 
 

185

160

165

170

 

30

(10)   

In paragraph 3(1A) (rate applicable to buses with respect to which reduced

pollution requirements are satisfied), for “the general rate specified in

paragraph 1(2)” substitute “£165”.

(11)   

In paragraph 7(3A)(b) (rate applicable to haulage vehicles which are not

showman’s vehicle and with respect to which reduced pollution requirements

35

are satisfied), for “the general rate specified in paragraph 1(2)” substitute

“£165”.

(12)   

In paragraph 10 (trailer supplement)—

 
 

Finance Bill
Part 1 — Excise duties

7

 

(a)   

in sub-paragraph (2) (rate where plated gross weight of trailer exceeds

4,000 kilograms but does not exceed 12,000 kilograms), for “an amount

equal to the amount of the general rate specified in paragraph 1(2)”

substitute “£165”,

(b)   

in sub-paragraph (3) (rate where plated gross weight of trailer exceeds

5

12,000 kilograms), for “an amount equal to 140 per cent of the amount

of the general rate specified in paragraph 1(2)” substitute “£230”, and

(c)   

omit sub-paragraphs (3A) and (3B) (rounding of rate set under sub-

paragraph (3) as percentage of general rate specified in paragraph 1(2)).

(13)   

Subsection (2), and subsection (1) so far as relating to it, have effect on the day

10

on which this Act is passed.

(14)   

Subsection (4), and subsections (1) and (5) so far as relating to it, have effect on

and after that day.

(15)   

Subsection (6), and subsection (1) so far as relating to it, have effect on and after

17th March 2005.

15

(16)   

Subject to that, this section has effect in relation to licences taken out on or after

17th March 2005 for a period beginning on or after 1st April 2005.

8       

Late renewal supplements

(1)   

VERA 1994 is amended as follows.

(2)   

Section 7A (supplement payable on late renewal of vehicle licence) is amended

20

as follows.

(3)   

In subsection (1) (cases in which regulations may provide for supplement to be

payable), for the words from “in prescribed cases” to the end substitute

“where—

(a)   

a vehicle has ceased to be appropriately covered,

25

(b)   

the vehicle is not, before the end of the relevant prescribed

period, appropriately covered as mentioned in paragraph (a) or

(b) of subsection (1A) below with effect from the time

immediately after it so ceased or appropriately covered as

mentioned in paragraph (d) of that subsection, and

30

(c)   

the circumstances are not such as may be prescribed.”

(4)   

After that subsection insert—

“(1A)   

For the purposes of this section and section 7B a vehicle is appropriately

covered if (and only if)—

(a)   

a vehicle licence or trade licence is in force for or in respect of

35

the vehicle,

(b)   

the vehicle is an exempt vehicle in respect of which regulations

under this Act require a nil licence to be in force and a nil licence

is in force in respect of it,

(c)   

the vehicle is an exempt vehicle that is not one in respect of

40

which regulations under this Act require a nil licence to be in

force, or

(d)   

the vehicle is neither kept nor used on a public road and the

declarations and particulars required to be delivered by

regulations under section 22(1D) have been delivered in

45

 
 

Finance Bill
Part 1 — Excise duties

8

 

relation to it in accordance with the regulations within the

immediately preceding period of 12 months.

(1B)   

Where a vehicle for or in respect of which a vehicle licence is in force is

transferred by the holder of the vehicle licence to another person, the

vehicle licence is to be treated for the purposes of subsection (1A) as no

5

longer in force unless it is delivered to the other person with the vehicle.

(1C)   

Where—

(a)   

an application is made for a vehicle licence for any period, and

(b)   

a temporary licence is issued pursuant to the application,

   

subsection (1B) does not apply to the licence applied for if, on a transfer

10

of the vehicle during the currency of the temporary licence, the

temporary licence is delivered with the vehicle to the transferee.

(1D)   

In subsection (1)(b) “the relevant prescribed period” means such period

beginning with the date on which the vehicle ceased to be

appropriately covered as is prescribed.”

15

(5)   

In subsection (2)(c) (amount of supplement variable according to length of

period between expiry of licence and payment of supplement or renewal of

licence), for sub-paragraphs (i) and (ii) substitute—

“(i)   

the time of a notification (in accordance with regulations

under section 7B(1)) to, or in relation to, a person by

20

whom it is payable, and

(ii)   

the time at which it is paid.”

(6)   

In subsection (3)(b) (supplement not to cease to be payable by reason of taking

out of vehicle licence), for “a vehicle licence being taken out for the vehicle”

substitute “the vehicle being again appropriately covered”.

25

(7)   

Omit subsection (4)(a) (definition of “expiry of a vehicle licence”).

(8)   

In the heading, for “late renewal of vehicle licence” substitute “vehicle ceasing

to be appropriately covered”.

(9)   

Section 7B (late-renewal supplements: further provisions) is amended as

follows.

30

(10)   

In subsection (1) (notification of person in whose name vehicle is registered)—

(a)   

for “on non-renewal of a vehicle licence for” substitute “in relation to”,

and

(b)   

for “failure to renew a vehicle licence” substitute “the vehicle ceasing to

be appropriately covered”.

35

(11)   

In the heading, for “Late-renewal” substitute “Section 7A”.

(12)   

After section 7B insert—

“7C     

Recovery of section 7A supplement: Scotland

(1)   

The Secretary of State may by regulations provide for the recovery of

supplement that has become payable under section 7A by diligence

40

authorised by summary warrant.

(2)   

Regulations under subsection (1) may, in particular, provide—

(a)   

for such summary warrants—

 
 

Finance Bill
Part 2 — Value added tax

9

 

(i)   

to be granted by the sheriff on the application of the

Secretary of State; and

(ii)   

to authorise any of the diligences mentioned in

subsection (3);

(b)   

for such applications to be accompanied by a certificate

5

mentioned in subsection (4); and

(c)   

for the fees and outlays of sheriff officers incurred in executing

such summary warrants to be chargeable against the debtor.

(3)   

The diligences referred to in subsection (2)(a)(ii) are—

(a)   

an attachment;

10

(b)   

an earnings arrestment;

(c)   

an arrestment and action of furthcoming or sale.

(4)   

The certificate referred to in subsection (2)(b) is a certificate by the

Secretary of State —

(a)   

stating that none of the persons specified in the application has

15

paid the supplement due;

(b)   

stating that payment of the amount due from each such person

has been demanded from him; and

(c)   

specifying the amount due from and unpaid by each such

person.

20

(5)   

No fee shall be chargeable by the sheriff officer against the debtor for—

(a)   

collecting; or

(b)   

accounting to the Secretary of State for,

sums paid to him by the debtor in respect of the amount owing.

(6)   

No summary warrant for recovery of supplement payable under

25

section 7A may be granted if an action for payment to recover such

supplement has already been raised.

(7)   

Such an action may be raised notwithstanding that a summary warrant

has already been granted in respect of that supplement but only if none

of the diligences mentioned in subsection (3) has been executed.

30

(8)   

Where an action raised as mentioned in subsection (7) is raised, the

summary warrant shall cease to have effect.

(9)   

This section extends to Scotland only.”

Part 2

Value added tax

35

9       

Goods subject to warehousing regime: place of acquisition or supply

In section 18 of VATA 1994 (goods subject to warehousing regime: place and

time of acquisition or supply), after subsection (1) insert—

“(1A)   

The Commissioners may by regulations prescribe circumstances in

which subsection (1) above shall not apply.”

40

 
 

 
previous section contents continue
 
House of Commons home page Houses of Parliament home page House of Lords home page search page enquiries

© Parliamentary copyright 2005
Revised 24 March 2005