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Tax Data

Dáil Éireann Debate, Thursday - 4 October 2018

Thursday, 4 October 2018

Ceisteanna (72)

Robert Troy

Ceist:

72. Deputy Robert Troy asked the Minister for Finance the amount of funding allocated to the benefit-in-kind reduction on electric vehicles; and the actual expenditure on same. [40447/18]

Amharc ar fhreagra

Freagraí scríofa

The tax expenditure associated with the 0% benefit-in-kind (BIK) rate for electric vehicles announced in Budget 2018 was set at €0.5m for this year.

Comprehensive data on BIK for company cars does not currently exist and therefore it is not possible to provide a precise amount for the tax expenditure associated with the 0% BIK rate for electric vehicles.

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