Written answers
Tuesday, 17 June 2025
Department of Finance
Vehicle Registration Tax
Pa Daly (Kerry, Sinn Fein)
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280. To ask the Minister for Finance the estimated revenue that would be foregone by eliminating the VRT on imported new electric vehicles, in tabular form. [32231/25]
Pa Daly (Kerry, Sinn Fein)
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281. To ask the Minister for Finance the estimated revenue that would be foregone by eliminating the VRT on imported 2nd hand electric vehicles, in tabular form. [32232/25]
Pa Daly (Kerry, Sinn Fein)
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282. To ask the Minister for Finance the estimated revenue that would be foregone by eliminating the VRT on imported all electric vehicles, in tabular form. [32233/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 280, 281 and 282 together.
I am advised by Revenue that the current VRT rates for Category A and B electric vehicles (EVs) are 7% and 13.3% respectively. Category M motorcycles are exempt from VRT. EVs with an Open Market Selling Price (OMSP) of up to €40,000 are granted VRT relief of up to €5,000 while EVs with an OMSP of greater than €40,000 but less than €50,000 receive a reduced level of VRT relief. EVs above €50,000 are not eligible for VRT relief.
Using 2024 data the table below provides the value of EV relief and the net VRT EV liabilities.
EVs | EV Relief €m | EV Liabilities €m |
---|---|---|
New | 23.2 | 39.5 |
Used | 2.4 | 2.0 |
New & Used | 25.6 | 41.5 |
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