Written answers

Tuesday, 4 July 2006

Department of Finance

Motor Vehicle Registration

12:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)
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Question 304: To ask the Minister for Finance the revenue accrued and collected by way of vehicle registration tax for each of the past 10 years; and if he will make a statement on the matter. [25956/06]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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Data in respect of total VRT received (and numbers of private cars registered) over the past ten years is set out in the following table:

Year Net Receipts Nos. Private Cars Registered
1996 448,867,644 163,290
1997 502,621,274 181,718
1998 615,068,488 191,057
1999 771,115,041 212,334
2000 1,001,252,058 256,432
2001 788,029,014 181,314
2002 792,570,662 170,151
2003 819,449,745 160,034
2004 945,973,401 178,070
2005 (Prov.) 1,148,783,152 213,682

While sales dipped in 2001 following the bumper sales year in 2000, receipts since 2001 have been growing strongly. The growth in VRT largely reflects higher disposable incomes which are in turn leading to higher car ownership rates and greater demand for larger and more expensive cars.

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