Catherine Murphy (Kildare North, Social Democrats)
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174. To ask the Minister for Finance the estimated amount that would be generated if the late registration fee of 0.1% was increased to 0.6% for vehicles that remain unregistered for VRT, based on 2019 figures. [35782/22]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by the Revenue Commissioners that under section 132 of the Finance Act, 1992, an additional charge applies where a vehicle is unregistered after the date registration is required by law, or where a payment or part payment remains outstanding after the same date. 

Under the law, the additional charge is calculated as 0.1% of the amount of VRT outstanding, multiplied by the total number of days that have passed between the date the vehicle enters the State and the date it is registered. This charge applies only where registration takes place after the required last date of registration set down in law, which is to say it applies only where the 30-day period for registration after a vehicle enters the State, where applicable, has expired. 

In 2019, Revenue collected €2,085,704 in relation to this charge. Had the rate been 0.6% per day as suggested by the Deputy (instead of the 0.1% rate set down by law), this figure for 2019 would have amounted to €12,514,224 (i.e. 6 times higher), assuming no behavioural change.