Dáil Éireann Debate, Thursday - 10 November 2016
111. Deputy Peter Burke asked the Minister for Finance the total tax take on a new car retailing at €15,000, €20,000, €25,000, €30,000 and in €10,000 increments up to €100,000; if he will provide a breakdown on headings under which the tax is collected; and if he will make a statement on the matter. [34168/16]
Amharc ar fhreagra112. Deputy Peter Burke asked the Minister for Finance the total tax paid on second-hand cars imported here beginning at €5,000 and in increments of €5,000 up to €50,000; if he will provide a breakdown on headings under which the tax is collected; and if he will make a statement on the matter. [34169/16]
Amharc ar fhreagra113. Deputy Peter Burke asked the Minister for Finance the tax take on motor diesel, petrol and marked gas oil on a spend of €20, €30, €40, €50 and €60; and if he will make a statement on the matter. [34170/16]
Amharc ar fhreagraI propose to take Questions Nos. 111 to 113, inclusive, together.
I am informed by Revenue that Vehicle Registration Tax (VRT) and Value Added Tax (VAT) are charged on new cars. The rate of VRT charged on passenger cars is based on the level of CO2 emissions of the vehicle. The tax take on new cars as shown in the following table is based on the average open market selling price in each of the eleven VRT rate bands in the period January to October 2016.
|
CO2 Band |
Average OMSP |
VRT |
VAT |
Total Tax |
|
€ |
€ |
€ |
€ |
|
|
A1 - 14% |
16,872 |
2,362 |
2,713 |
5,075 |
|
A2 - 15% |
22,128 |
3,319 |
3,517 |
6,836 |
|
A3 - 16% |
25,725 |
4,116 |
4,041 |
8,157 |
|
A4 - 17% |
26,367 |
4,482 |
4,092 |
8,575 |
|
B1 - 18% |
26,044 |
4,688 |
3,993 |
8,681 |
|
B2 - 19% |
37,383 |
7,103 |
5,662 |
12,765 |
|
C - 23% |
46,878 |
10,782 |
6,750 |
17,532 |
|
D - 27% |
57,535 |
15,535 |
7,854 |
23,388 |
|
E - 30% |
83,251 |
24,975 |
10,897 |
35,873 |
|
F - 34% |
95,693 |
32,536 |
11,810 |
44,345 |
|
G - 36% |
179,428 |
64,594 |
21,473 |
86,067 |
I am further informed by Revenue that VRT is charged on used cars. The rate of VRT charged on passenger cars is based on the level of CO2 emissions of the vehicle. The tax take on used cars as shown in the following table is based on the most popular VRT band (A4 - VRT rate 17%) in the period January to October 2016, beginning at €5,000 and in increments of €5,000 up to €50,000. It should be noted also that for Irish-registered second-hand vehicles, VAT is due on the difference between the sale price and the purchaser price of the vehicle. As the specific rules that apply vary depending on the nature of the transaction and the amounts involved also differ on a sale by sale basis, it is not possible to include a representation of the impact of this aspect in the following table.
|
Rate |
Value |
VRT |
|
|
€ |
€ |
|
17% |
5,000 |
850 |
|
17% |
10,000 |
1,700 |
|
17% |
15,000 |
2,550 |
|
17% |
20,000 |
3,400 |
|
17% |
25,000 |
4,250 |
|
17% |
30,000 |
5,100 |
|
17% |
35,000 |
5,950 |
|
17% |
40,000 |
6,800 |
|
17% |
45,000 |
7,650 |
|
17% |
50,000 |
8,500 |
I am further informed by Revenue that the tax take on auto diesel, petrol and marked gas oil in respect of the specified amounts are as follows:
|
- |
Petrol |
Auto Diesel |
MGO |
|
€ |
€ |
€ |
€ |
|
20 |
12.65 |
11.66 |
5.68 |
|
30 |
18.98 |
17.50 |
8.52 |
|
40 |
25.30 |
23.33 |
11.36 |
|
50 |
31.63 |
29.16 |
14.20 |
|
60 |
37.95 |
34.99 |
17.03 |
The tax shown is in respect of Mineral Oil Tax, Carbon Tax and Value Added Tax and is based on an average price of €1.209 for auto diesel, €1.319 for petrol and €0.62 for marked gas oil. The incidence of taxation tables on the Revenue statistics website provide similar figures back to 2003, available at: http://www.revenue.ie/en/about/statistics/excise-duty-vat.html.
