Tax Rebates

Dáil Éireann Debate, Tuesday - 11 July 2017

Tuesday, 11 July 2017

Ceisteanna (119)

Timmy Dooley

Ceist:

119. Deputy Timmy Dooley asked the Minister for Finance the estimated cost of extending the VRT rebate for electric, electric hybrid and plug-in hybrid cars in each of the years from 2018 to 2022. [32186/17]

Freagraí scríofa

Minister for Finance

I am informed by Revenue that the cost of the Vehicle Registration Tax (VRT) rebate for electric, electric hybrid and plug in hybrid cars in 2017 is estimated at €15 million for the year. There is no basis available to Revenue on which to forecast possible future growth, so assuming that there would be no change in registration numbers in each of the years 2018 to 2022 the estimated cost would be €15 million per annum.