Tax Reliefs Costs

Dáil Éireann Debate, Tuesday - 10 December 2019

Tuesday, 10 December 2019

Ceisteanna (127)

Jonathan O'Brien

Ceist:

127. Deputy Jonathan O'Brien asked the Minister for Finance the estimated cost of increasing by €100 the maximum VRT relief for electric vehicles. [51131/19]

Freagraí scríofa

Minister for Finance

I am advised by Revenue that, based on current trends in the vehicle market, the estimated annual cost of increasing the maximum amount of Vehicle Registration Tax (VRT) relief for an electric vehicle by €100 (from the current maximum of €5,000) is €0.4m.