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Dáil Éireann debate -
Wednesday, 21 May 1986

Vol. 366 No. 9

Written Answers. - Motor Taxation.

77.

asked the Minister for Finance the projected amount of tax to be taken by the Government on motoring in 1986; and if he will make a statement on the matter.

The projected amount of tax to be taken by the Government from motoring in 1986 is £990 million (EC Customs duties are not included).

78.

asked the Minister for Finance the rates of tax applicable in this country from the purchase of a new car; and if he will make a statement on the matter

Motor cars are liable to excise duty and to Value-Added Tax. They may also be liable to customs duty if imported from outside the EC.

The full rate of customs duty on motor cars with either spark ignition or compression ignition engines is 10 per cent of the import value and on motor cars with other engines is 12.5 per cent. Where a preferential agreement exists between the country of origin of the vehicle and the EC a lower rate of customs duty may apply.

The rate of Value-Added Tax is 25 per cent. The rates of excise duty are: 24.7 per cent of the recommended retail selling price inclusive of all taxes and duties for motor cars with an engine capacity exceeding 2012 cubic centimetres, and 21.7 per cent of the recommended retail selling price inclusive of all taxes and duties for other motor cars.

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