Dáil Éireann Debate, Tuesday - 27 July 2021
276. Deputy Richard Boyd Barrett asked the Minister for Transport the estimated annual yield for motor tax projected for 2022; the yield for the past five years; the way in which the monies were allocated; and his plans for allocation of the funds in 2021. [41186/21]
View answerGross motor tax receipts for the years 2016 to 2020 are set out below:
|
Year |
Gross motor tax receipts |
|
2016 |
€1,051,632,444 |
|
2017 |
€1,021,442,924 |
|
2018 |
€981,935,777 |
|
2019 |
€964,349,811 |
|
2020 |
€939,554,114 |
Gross motor tax receipts to the end of June 2021 were €485,965,288. Receipts for the year as a whole are projected to be in the order of €918m. Receipts for 2022, assuming no changes to motor tax rates in the upcoming Budget, are predicted to be in the order of €910m.
Prior to 2018, receipts from motor tax were paid into the Local Government Fund. Allocations from the Fund were a matter for the then Minister for Housing, Planning and Local Government and are set out in the Local Government Fund annual accounts, which are available on the Department of Housing website at the following link:
www.gov.ie/en/collection/128be-local-government-fund-accounts/.
Since 1 January 2018, receipts from motor tax have accrued to the Exchequer and are paid into the Central Fund. Issues from the Central Fund are used in the day-to-day running of the State and it is, therefore, not possible to link specified revenue to specific expenditure.
