Pearse Doherty
Ceist:584. Deputy Pearse Doherty asked the Minister for Transport, Tourism and Sport the estimated cost of abolishing a charge (details supplied). [21957/19]
Amharc ar fhreagraTuesday, 21 May 2019
Ceisteanna (584)
Freagraí scríofa
Motor tax is payable on an annual, half-yearly or quarterly basis. Motor tax taken out on a half-yearly and quarterly basis is charged at 55.5% and 28.25% of the annual rate respectively.
Based on the volume of transactions in 2018, the estimated annual cost to the Exchequer of setting the half-yearly and quarterly rates at 50% and 25% of the annual rate respectively is €48.4m. This does not take account of the likely cost of additional administration arising from the likelihood that more users may opt to tax their vehicles for short periods and therefore require more frequent renewals.