Minister for Finance Michael Noonan has not adjusted Motor Taxation for 2015. This will undoubtedly add to the current “feel good factor” which is beginning to take hold in the industry. There is a sense that Ireland’s car industry is over the worst of the crisis and the news today – that nothing has changed in terms of motor tax or VRT – will be welcomed by motorists.

Cartell Director Jeff Aherne says:

The industry is in the process of finding its feet again, and we concluded – back in July – that the market is returning to its usual 3 or 4 year sales cycle. The move by Government today, to leave motor taxation rates as they are, is a good move as it will permit the recovering market to stabilise still further and help provide a platform for growth and recovery in 2015.”

Here are the Motor Taxation and VRT rates for 2015:

Table 1: Motor Taxation Regime 2015

Table 2: VRT Regime 2015