Oireachtas Joint and Select Committees
Tuesday, 7 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (No. 2) Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
That is fine. There is no cap on the value of the car. I wonder why the Minister would not consider having a cap. There are electric vehicles that can cost a lot of money. Companies are providing their workers with electric vehicles in the range of €30,000 to €50,000. This is what is happening everywhere. I would not be surprised if funds here have executives driving around in €180,000 electric vehicles. This is about incentivising the individual. Should we be incentivising an individual who is running around in a €180,000 car and reducing the open market value by €45,000 just because it is electric? This is what the purpose of the measure is. I support the principle and I support the amendment but we probably need to look at the idea of having a cap on the value of the vehicle. It is common in other measures that the Minister will introduce later in the Bill.
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