Enda Kenny
Question:304 Mr. Kenny asked the Minister for Finance the revenue accrued and collected by way of vehicle registration tax for each of the past 10 years; and if he will make a statement on the matter. [25956/06]
View answerTuesday, 4 July 2006
Questions (291)
Written answers
Data in respect of total VRT received (and numbers of private cars registered) over the past ten years is set out in the following table:
|
Year |
Net Receipts |
Nos. Private Cars Registered |
|
€ |
||
|
1996 |
448,867,644 |
163,290 |
|
1997 |
502,621,274 |
181,718 |
|
1998 |
615,068,488 |
191,057 |
|
1999 |
771,115,041 |
212,334 |
|
2000 |
1,001,252,058 |
256,432 |
|
2001 |
788,029,014 |
181,314 |
|
2002 |
792,570,662 |
170,151 |
|
2003 |
819,449,745 |
160,034 |
|
2004 |
945,973,401 |
178,070 |
|
2005 (Prov.) |
1,148,783,152 |
213,682 |
While sales dipped in 2001 following the bumper sales year in 2000, receipts since 2001 have been growing strongly. The growth in VRT largely reflects higher disposable incomes which are in turn leading to higher car ownership rates and greater demand for larger and more expensive cars.