What Budget 2021 means for motorists
Public Expenditure Minister Michael McGrath and Finance Minister Paschal Donohoe have just presented the 2021 Budget. From fuel tax to VRT, here’s everything motorists need to know… There were no real surprises in the budget and as expected the main focus was on public health spending in light of the coronavirus. The key take out for motorists is that fuel will increase, so too will motor tax for some motorists and new car...
Seven changes the government are considering for Budget 2021
A number of changes to the Tax system are being considered as options for Budget 2021 writes Geraldine Herbert The Department of Finance has published the Budget 2021 Tax Strategy Group Papers offering some insights into possible changes to the Motor tax system in the next budget VRT Bands – It is suggested that a new 7% VRT tax band would be introduced for vehicles with emissions of 50g/km of below and a 9% rate for those that fall...
Why are electric car sales stuck in first gear?
Sales of electric cars are on the increase but much more needs to be done writes Geraldine Herbert New car sales figures released confirm that electric cars are on the rise, with sales up 102pc on last year. To date, more than 1,078 new electric vehicles (EVs) have been sold and 458 imported, compared with fewer than 1,000 new and imported for the entire of 2017. Hybrid and plug-in hybrid models continue to attract buyers and more...