Written answers

Tuesday, 16 October 2012

Department of Finance

Vehicle Registration Numbers

Photo of Patrick NultyPatrick Nulty (Dublin West, Labour)
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To ask the Minister for Finance if he will provide in tabular form a breakdown of the numbers of cars sold here in 2007, 2008, 2009, 2010, 2011 and the expected or most recent figure for 2012 in the categories pre-VAT cost of less than €50,000 and pre-VAT cost of greater than €50,000; the total VAT generated by cars sold in both of these categories for the requested years; and if he will make a statement on the matter. [44537/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the statistical breakdown as requested in respect of cars sold is not available. However, statistics in respect of the Open Market Selling Price (OMSP) of new and used cars registered for Vehicle Registration Tax purposes, which are VAT inclusive, are as follows:

New Cars
Less than €50,000 OMSPGreater than €50,000 OMSP
Total
2007
173,262 13,579 186,841
2008
142,151 9,797 151,948
2009
55,780 1,557 57,337
2010
87,501 1,711 89,212
2011
88,767 1,710 90,477
2012 (9 Mths)
75,361 1,641 77,002
Used Cars
Less than €50,000 OMSPGreater than €50,000 OMSP
Total
2007
58,435 1,104 59,539
2008
60,396 1,255 61,651
2009
48,696 377 49,073
2010
39,890 225 40,115
2011
40,607 202 40,809
2012 (9 Mths)
29,716 232 29,948

In addition, the table below indicates the total estimated VAT receipts for cars in the requested years:

€ m
2007
657
2008
541
2009
211
2010
272
2011
288
2012
232

Please note that the VAT receipts are estimated, as the VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified and the actual VAT yield for each category cannot therefore be determined.

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