John Lahart
Question:275. Deputy John Lahart asked the Tánaiste and Minister for Finance the estimated cost/value of tax reliefs on electric vehicles in 2023, 2024 and 2025; and if he will make a statement on the matter. [26558/26]
View answerTuesday, 21 April 2026
Questions (275)
Written answers
I am advised by Revenue that the current VRT rates for Category A electric vehicles (EVs) is 7%. 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 VRT data from 2023 to 2025 on category A registrations, the table below provides the value of EV VRT tax reliefs.
|
Year of registration |
Category |
New/Used |
Tax reliefs (€m) |
|
2023 |
A |
New |
-22.4 |
|
2023 |
A |
Used |
-2.7 |
|
Total Relief 2023 |
|
|
-25.1 |
|
2024 |
A |
New |
-22.9 |
|
2024 |
A |
Used |
-2.4 |
|
Total Relief 2024 |
|
|
-25.3 |
|
2025 |
A |
New |
-34.7 |
|
2025 |
A |
Used |
-6.7 |
|
Total Relief 2025 |
|
|
-41.4 |