Catherine Martin (Dublin Rathdown, Green Party)
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69. To ask the Minister for Finance if there are taxation incentives to encourage companies to get their employees to use electric vehicles as company cars as opposed to petrol or diesel vehicles; if not, if incentives are planned; and if he will make a statement on the matter. [40213/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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There are a number of tax incentives in place to encourage the adoption of electric vehicles which are an environmentally cleaner mode of transport.  A relief from Vehicle Registration Tax is provided up to a maximum €5,000 and the annual rate of motor tax is the lowest rate chargeable at €120.  Further to this electric vehicles qualify for the Accelerated Capital Allowance (ACA) Scheme which is a tax incentive for companies paying corporation tax with the aim of encouraging investment in energy efficient equipment.  The ACA Scheme allows for the write off of 100% of the purchase price of energy efficient equipment, including electric vehicles, in the year of purchase as opposed to the normal 8 year capital write-down. 

It is the long-standing practice of Ministers for Finance not to comment on what may be contained in upcoming budgets.