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Dáil Éireann Debate, Tuesday - 15 September 2020

Tuesday, 15 September 2020

Questions (273)

Gerald Nash

Question:

273. Deputy Ged Nash asked the Minister for Finance the estimated savings to the Exchequer from ending relief to conventional hybrids in 2021; and if he will make a statement on the matter. [23737/20]

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Written answers

I am advised by Revenue that the estimated savings to the Exchequer from ending the current Vehicle Registration Tax (VRT) relief on conventional hybrid electric and plug-in hybrid electric vehicles in 2021 is estimated to be in the region of €13 million. This estimate is based on activity to date in 2020 and as such is subject to a higher degree of uncertainty than most years, with the volume of car registrations in 2020 negatively impacted by COVID-19.

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