Dáil Éireann Debate, Tuesday - 22 September 2020
196. Deputy Richard Boyd Barrett asked the Minister for Transport the estimated annual yield for motor tax projected for 2021; the yield in each of the past five years; the way in which the funds were allocated; and his plans for allocation of the funds in 2021. [25652/20]
Amharc ar fhreagraGross motor tax receipts for the years 2015 to 2019 are set out in the table below.
|
Year |
Gross Motor Tax Receipts |
|
2015 |
€1,124,351,805 |
|
2016 |
€1,051,632,444 |
|
2017 |
€1,021,442,924 |
|
2018 |
€981,935,777 |
|
2019 |
€964,349,811 |
Gross motor tax receipts to the end of August 2020 were €656.3m. Receipts for the year as a whole are projected to be in the order of €930m. Receipts for 2021, in the absence of any Budget changes, are predicted to be in the order of €920m.
Prior to 2018, receipts from motor tax were paid into the Local Government Fund. Allocations from the Fund were a matter for the Minister for Housing, Planning and Local Government and are set out in the Local Government Fund annual accounts, which are available on the Department of Housing website at the following link: https://www.housing.gov.ie/search/archived/archived/archived/current?query=local%20government%20fund%20accounts
Since 1 January 2018, receipts from motor tax have accrued to the Exchequer and are paid into the Central Fund. Issues from the Central Fund are used in the day-to-day running of the State and it is, therefore, not possible to link specified revenue to specific expenditure.
