Oireachtas Joint and Select Committees

Thursday, 7 March 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2013: Committee Stage (Resumed)

12:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

We have told the motor trade that we will keep this matter under constant review. I have no problem giving a commitment to review the whole scheme all over again. I am not sure how the issue of the seven-seater family car, for families of four children or more, can be addressed because the basis of the taxation is CO2 emissions. If the CO2 emissions for a seven-seater is the equivalent of the CO2 emissions for another car that is extravagant in terms of CO2 it will have to apply across the band. I cannot figure how I would address it unless some new criteria were brought in. If the tax is purely on the basis of CO2 emissions, it is very hard to isolate the area about which the Deputy is concerned, but I will look at it.

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