VRT.ie
Joined: 14 Jun 2008
Posts: 796
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 Posted: Wed Dec 09, 2009 8:02 pm Post subject: Budget 2010 VRT changes |
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Vehicle Registration Tax (VRT)
The following package of measures will be introduced in relation to VRT:
Car Scrappage Scheme
Extension of VRT exemption for Electric Vehicles
Extension of VRT relief scheme for Plug-in Hybrid Electric Vehicles
A car scrappage scheme is being introduced with effect from 1 January 2010, to run until 31 December 2010. VRT relief of up to €1,500 will be provided where a car of 10 years or older is scrapped in accordance with certain criteria and a new car of emissions bands A or B (i.e. with CO2 emissions of 140g/km or less) is purchased.
The existing VRT exemption for series production electric vehicles and the VRT relief of up to €2,500 for series production plug-in hybrid electric vehicles (both of which are due to expire on 31 December 2010) are being extended for two years until 31 December 2012. |
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