Written answers
Tuesday, 21 May 2019
Department of Transport, Tourism and Sport
Motor Tax
Pearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
584. To ask the Minister for Transport, Tourism and Sport the estimated cost of abolishing a charge (details supplied). [21957/19]
Shane Ross (Dublin Rathdown, Independent)
Link to this: Individually | In context | Oireachtas source
Motor tax is payable on an annual, half-yearly or quarterly basis. Motor tax taken out on a half-yearly and quarterly basis is charged at 55.5% and 28.25% of the annual rate respectively.
Based on the volume of transactions in 2018, the estimated annual cost to the Exchequer of setting the half-yearly and quarterly rates at 50% and 25% of the annual rate respectively is €48.4m. This does not take account of the likely cost of additional administration arising from the likelihood that more users may opt to tax their vehicles for short periods and therefore require more frequent renewals.
No comments