Written answers
Wednesday, 24 June 2015
Department of Finance
Vehicle Registration
Peadar Tóibín (Meath West, Sinn Fein)
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118. To ask the Minister for Finance the cost of abolishing the €500 administration fee deducted from repayable Vehicle Registration Tax, when importing a car. [25293/15]
Michael Noonan (Limerick City, Fine Gael)
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Assuming that a modest year-on-year growth in value, number, and depreciation of vehicles taken out of the State under the Export Repayment Scheme the full year cost of abolishing the fee in 2016 would be €1 million. I would point out that the €500 administration fee assisted with the initial costs of the establishing the Scheme in the first place and now assists with the recurring costs of administering the Scheme.
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