Catherine Murphy
Ceist:377. Deputy Catherine Murphy asked the Minister for Finance the way in which hydrotreated vegetable oil enabled vehicles are taxed; the VRT that they incur; and the import levies and so on. [29299/22]
Amharc ar fhreagraTuesday, 14 June 2022
Ceisteanna (377)
Freagraí scríofa
I am informed by Revenue that Vehicle Registration Tax (VRT) does not depend on the type of fuel that a vehicle uses, but rather on the category into which the vehicle falls under the VRT legislation. Thus, there is no specific VRT treatment for vehicles that run on hydrotreated vegetable oil.
The VRT on a Category A vehicle (e.g. passenger car) is generally based on the vehicle’s value and its emissions of CO2 (carbon dioxide) and NOx (nitrogen oxides), with higher emitting vehicles paying proportionately higher VRT than lower-emitting ones of the same value. The VRT on a Category B vehicle (e.g. van) is generally 13.3% of the value of the vehicle, and for a Category C vehicle (e.g. lorry, bus) the VRT charge is €200.
When imported from outside the European Union, or from within the European Union where a vehicle is a New Means of Transport (i.e. it is not more than 6 months old or has not more than 6,000 kilometres done), vehicles are subject to VAT at the standard rate, which at this time is 23%. Customs duty is also due on a vehicle imported from outside the EU; depending upon the point of origin of the vehicle, it is either charged at a 0% or 10% rate of the customs value of the vehicle.