What does Budget 2025 mean for the motorist?
The 2025 budget was announced by Minister for Finance Jack Chambers and the Minister for Public Expenditure Paschal Donohoe. From fuel hikes to VRT, here’s everything motorists need to know writes Geraldine Herbert Benefit-in-Kind (BIK) For company car users, the temporary €10,000 BIK relief introduced in 2023 has been extended. Employees with electric vehicles will benefit from a total BIK relief of €45,000 in 2025. This will...
New fuel and emissions tests coming in September
A new test to measure fuel consumption and CO2 emissions for new cars sold in Europe comes into force on September 1st writes Geraldine Herbert Why is a new test being introduced? The New European Driving Cycle (NEDC) will be replaced across Europe, including Ireland on September 1, 2017 by the Worldwide harmonised Light vehicles Test Procedure (WLTP). The NEDC test has been repeatedly criticised for its inability to reflect...
Motor Tax Rates based on CO2 Emissions
Rates from 1 January 2013 CARS – registered between 1 January 2008 and 30 June 2008 where motor tax is based on CO2 emissions Band CO2 emissions-gm per km Annual € Half-year € Quarterly € Arrears Monthly € A0 0 120 66 33 10.00 A1 1-80g 170 94 48 14.17 A2 More than 80g/km up to and including 100g/km 180 99 50 15.00 A3 More than 100g/km up to and including 110g/km 190 105 53 15.83 A4 More than 110g/km up to and including...
