End of the road for electric car grant for company cars

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The Government has ended the €3,800 grant for businesses purchasing electric cars or plug-in hybrids, in a decision seemingly at odds with efforts to encourage the move to electric transport.

, was on top of the €5,000 tax rebate on Vehicle Registration Tax on full-electric vehicles.

The Department said the decision to discontinue the €3,800 for companies buying electric cars and plug-in hybrids was because “the generous benefit-in-kind tax relief that is available for these vehicles is considered adequate incentive to drive growth in this sector”. The changes were announced as part of a wider range of Budget measures relating to electric vehicles. The Minister for Finance,, announced additional funding of €8 million for electric vehicle purchase grants, bringing the total allocated in 2020 to €14 million.

 

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Lettiemccarthy So disappointing, how does this square with the ClimateAction plan RichardbrutonTD ?

So it is true, the new carbon taxes are a money grab for central exchequer funds

Wait until Brexit! Ireland won't know what hit it!

🤭

Govt not serious about reducing carbon footprint no incentive to go electric it’s just an excuse for govt to take more from us ! bringontheelection

deshocks Better to put that money into electric buses and trains than SIMI dealer pockets.

hegarty_ruth The government are too dependant on fossil fuels as a major tax source to be turning the consumers onto electric cars and renewable energy sources. They only need to appear to be doing something while in practice doing nothing . Its a win win for the political elite

deshocks They want everyone’s money thats about it a joke

Did...did they think that people wouldn't notice? It's pretty obvious when speech is coming out both sides of a mouth, isn't it?!

The right hand giveth while the left taketh away.

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