Tax Yield

Dáil Éireann Debate, Thursday - 12 July 2018

Thursday, 12 July 2018

Questions (93)

Eamon Ryan

Question:

93. Deputy Eamon Ryan asked the Minister for Finance the amount it would cost to reduce the VRT rate on electric vehicles to 0%. [32175/18]

Written answers

Minister for Finance

I am advised by Revenue that to reduce the VRT rate on electric vehicles to 0% would cost approximately €3 million per annum. This is based on the estimated sales of electric vehicles in 2018 and assumes no behavioural change.