Thursday, 11 July 2019

Ceisteanna (210, 211)

Timmy Dooley

Ceist:

210. Deputy Timmy Dooley asked the Minister for Finance the cost of the VRT rebate for electric cars in 2018; the estimated cost of extending the VRT rebate; and if he will make a statement on the matter. [31292/19]

Amharc ar fhreagra

Timmy Dooley

Ceist:

211. Deputy Timmy Dooley asked the Minister for Finance the cost of the VRT rebate for hybrid vehicles in 2018; the estimated cost of extending the VRT rebate; and if he will make a statement on the matter. [31293/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I propose to take Questions Nos. 210 and 211 together.

I am advised by Revenue that the cost of the Vehicle Registration Tax (VRT) rebate for electric cars in 2018 is estimated at €9.2 million and the first six months of 2019 is estimated at €10m. If there is no change in the trend of registrations to date this year, the annual cost for extending the VRT rebate for electric cars would be in the region of €20m.

I am advised by Revenue that the cost of the VRT rebate for hybrid vehicles in 2018 is estimated at €18.7 million, and the first six months of 2019 is estimated at €16.4m. If there is no change in the trend of registrations to date this year, the annual cost for extending the VRT rebate for hybrid vehicles would be in the region of €33m.