Timmy Dooley
Question:115. Deputy Timmy Dooley asked the Minister for Finance the cost of extending a vehicle registration tax, VRT, rebate to electric vehicles only for each of the years up to 2023. [50962/17]
View answerWednesday, 29 November 2017
Questions (115, 116)
Timmy Dooley
Question:116. Deputy Timmy Dooley asked the Minister for Finance the cost of extending a vehicle registration tax, VRT, rebate to electric and hybrid vehicles for each of the years up to 2023. [50963/17]
View answerWritten answers
I propose to take Questions Nos. 115 and 116 together.
I am informed by Revenue that the cost of the Vehicle Registration Tax (VRT) rebate for electric vehicles and hybrid vehicles in 2017 is estimated at €5 million and €10 million respectively, giving a total estimated cost of €15 million for the year.
Revenue does not have information to enable it provide an accurate forecast of the future growth of electric and hybrid vehicles. As such it is not possible to determine the cost of extending the VRT rebate to electric and hybrid vehicles out to 2023.