Written answers
Thursday, 6 April 2017
Department of Finance
Tax Data
Róisín Shortall (Dublin North West, Social Democrats)
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119. To ask the Minister for Finance the amount of VRT and VAT forgone by the decline in new private car sales in the first quarter of 2017 over 2016. [17409/17]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by Revenue that an estimated €60m would have been collected for the Exchequer if sales of new cars in the first quarter of 2017 had matched the level seen in the same period in 2016. However, the Deputy should also note than an additional €26.4m in VRT has been received in respect of increased registrations in used cars in the same period.
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