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VAT Rate Increases

Dáil Éireann Debate, Wednesday - 14 January 2015

Wednesday, 14 January 2015

Ceisteanna (159)

Brendan Griffin

Ceist:

159. Deputy Brendan Griffin asked the Minister for Finance the increase in VRT and VAT on new car sales in 2014 compared to 2013; and if he will make a statement on the matter. [1502/15]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Revenue Commissioners that the provisional increase in VRT and VAT on new registrations for 2014, compared to 2013, was €104m and €86m respectively. Those figures include the registrations of both new and used cars. The increase in VRT from new car sales was €88m while the increase in VAT was €63m.        

It should be noted that the VAT figure is partially estimated and that all 2014 receipts are provisional at this time and may be subject to revision.

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