Dáil Éireann Debate, Tuesday - 16 October 2012
205. Deputy Patrick Nulty asked the Minister for Finance if he will provide in tabular form a breakdown of the numbers of cars sold here in 2007, 2008, 2009, 2010, 2011 and the expected or most recent figure for 2012 in the categories pre-VAT cost of less than €50,000 and pre-VAT cost of greater than €50,000; the total VAT generated by cars sold in both of these categories for the requested years; and if he will make a statement on the matter. [44537/12]
View answerI am informed by the Revenue Commissioners that the statistical breakdown as requested in respect of cars sold is not available. However, statistics in respect of the Open Market Selling Price (OMSP) of new and used cars registered for Vehicle Registration Tax purposes, which are VAT inclusive, are as follows:
|
New Cars |
Less than €50,000 OMSP |
Greater than €50,000 OMSP |
Total |
|
2007 |
173,262 |
13,579 |
186,841 |
|
2008 |
142,151 |
9,797 |
151,948 |
|
2009 |
55,780 |
1,557 |
57,337 |
|
2010 |
87,501 |
1,711 |
89,212 |
|
2011 |
88,767 |
1,710 |
90,477 |
|
2012 (9 Mths) |
75,361 |
1,641 |
77,002 |
|
Used Cars |
Less than €50,000 OMSP |
Greater than €50,000 OMSP |
Total |
|
2007 |
58,435 |
1,104 |
59,539 |
|
2008 |
60,396 |
1,255 |
61,651 |
|
2009 |
48,696 |
377 |
49,073 |
|
2010 |
39,890 |
225 |
40,115 |
|
2011 |
40,607 |
202 |
40,809 |
|
2012 (9 Mths) |
29,716 |
232 |
29,948 |
In addition, the table below indicates the total estimated VAT receipts for cars in the requested years:
|
Year |
€ m |
|
2007 |
657 |
|
2008 |
541 |
|
2009 |
211 |
|
2010 |
272 |
|
2011 |
288 |
|
2012 |
232 |
Please note that the VAT receipts are estimated, as the VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified and the actual VAT yield for each category cannot therefore be determined.
