Dáil Éireann Debate, Tuesday - 15 September 2020
274. Deputy Ged Nash asked the Minister for Finance the estimated impact on the Exchequer in 2021 from the introduction of the worldwide harmonised light vehicles test procedure, WLTP, as cited in 2019; the additional revenue accrued or expended as a result of the change; and if he will make a statement on the matter. [23738/20]
View answer276. Deputy Ged Nash asked the Minister for Finance the estimated cost or saving to the Exchequer in 2021 from applying alternative tax regime for VRT that would see the number of VRT bands increase from 11 to 14 as set out by the Tax Strategy Group 2020; if he will provide a comparison with the existing VRT system in tabular form; and if he will make a statement on the matter. [23740/20]
View answerI propose to take Questions Nos. 274 and 276 together.
The emissions basis for calculating VRT will transition to WLTP in 2021 and this will require changes to VRT legislation. As the Deputy will be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.
