Robert Troy
Question:72. Deputy Robert Troy asked the Minister for Finance the amount of funding allocated to the benefit-in-kind reduction on electric vehicles; and the actual expenditure on same. [40447/18]
View answerThursday, 4 October 2018
Questions (72)
Written answers
The tax expenditure associated with the 0% benefit-in-kind (BIK) rate for electric vehicles announced in Budget 2018 was set at €0.5m for this year.
Comprehensive data on BIK for company cars does not currently exist and therefore it is not possible to provide a precise amount for the tax expenditure associated with the 0% BIK rate for electric vehicles.