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Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: In order to make EVs, we must mine more material than we have ever mined before. What also comes into account with EVs is that they could not recycle the batteries of old EVs. Then they came out with new technology to upgrade the older cars with the newer batteries but the wiring loom would not take. The wiring loom in the car had to be changed to take the newer battery because the...

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: A total of €8,000 a battery.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: If you cannot afford it, you are being pushed out. If you cannot afford to change-----

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: If you cannot afford a more economical vehicle, you are being taxed on it. That is what the Government is saying.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: Tax.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: Tax.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: Just another tax.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: Fuel tax.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: Inflation.

Finance Bill 2023: Report Stage (Resumed) and Final Stage (18 Apr 2023)

Richard O'Donoghue: A single 1,000 lb EV battery takes about 5,000 lb of raw material to manufacture. To transition just our passenger cars to EVs, we need to mine more material over the next 30 years than we have ever mined in human history.

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: Is Deputy Healy-Rae convinced?

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: He does not have one.

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: The question I asked was whether the Deputy has an electric car.

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: The Deputy does not have one.

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: Does the Deputy have an electric car?

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: That is the only question I asked.

Finance Bill 2023: Report Stage (18 Apr 2023)

Richard O'Donoghue: Benefit-in-kind is quite complicated. The Bill facilitates a temporary change to the regime for petrol and diesel vehicles, which make up the majority of company cars for employees who have experienced higher income tax liability since the start of 2023. I welcome the amendments the Minister was forced into making. Cars doing 50,000 km a year and with an emissions rating of 120 g will now...

Finance Bill 2023: Financial Resolution (18 Apr 2023)

Richard O'Donoghue: What about supply and fit?

Finance Bill 2023: Financial Resolution (18 Apr 2023)

Richard O'Donoghue: It is supply and fit, and not supply only.

Finance Bill 2023: Financial Resolution (18 Apr 2023)

Richard O'Donoghue: Therefore it is 13.5% VAT and not 23%.

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