Vehicle Registration Data

Dáil Éireann Debate, Tuesday - 2 May 2017

Tuesday, 2 May 2017

Ceisteanna (218, 219)

Timmy Dooley

Ceist:

218. Deputy Timmy Dooley asked the Minister for Finance the cost of extending the vehicle registration tax rebate for electric vehicles until 2018 and 2020, respectively. [19140/17]

Timmy Dooley

Ceist:

219. Deputy Timmy Dooley asked the Minister for Finance the cost of extending a €2,500 vehicle registration tax rebate for hybrid vehicles until 2018 and 2020, respectively. [19141/17]

Freagraí scríofa

Minister for Finance

I propose to take Questions Nos. 218 and 219 together.

I am informed by Revenue that the cost of the Vehicle Registration Tax (VRT) rebate for electric vehicles in 2016 was €3 million. Finance Act 2016 extended this relief to end 2021, at an estimated cost of €3 million per annum assuming no change in registration numbers.

I am further informed by Revenue that the cost of the VRT rebate for hybrid vehicles in 2016 was €6 million. Finance Act 2016 extended this relief to end 2018, at an estimated cost of €6 million per annum assuming no change in registration numbers.