Dáil Éireann Debate, Tuesday - 4 July 2023
222. Deputy Noel Grealish asked the Minister for Finance the total sum of tax relief deducted from the purchase of diesel-fuelled buses through the VAT71 scheme in 2021 and 2022; and if he will make a statement on the matter. [32103/23]
View answerI am advised by Revenue that the total amount of Value-Added Tax (VAT) refunded on touring coaches through the VAT-71 scheme in 2021 and 2022 is provided in the table below. These figures included all VAT refunds made under this scheme.
It should be noted that the majority of buses registered in the VRT system in each of these years are diesel powered, with a very small number powered by diesel hybrid and electric engines.
|
Year |
Amount €m |
|
2021 |
0.8 |
|
2022 |
6.0 |
