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Surcharge Of 1% Introduced For Diesel Vehicles Across All VRT Bands: Budget 2019

Published on Oct 9 2018 3:18 PM in Supply Chain tagged: Trending Posts / Diesel / Budget 2019 / VRT

Surcharge Of 1% Introduced For Diesel Vehicles Across All VRT Bands: Budget 2019

There will be a 1% surcharge introduced for diesel vehicles across all VRT (Vehicle Registration Tax) bands it was announced today in Budget 2019.

"I will be introducing a new accelerated capital allowances scheme for gas-propelled vehicles and refuelling equipment," Paschal Donohoe, TD, Minister for Finance and Public Expenditure and Reform, said in his budget delivery.

"This is designed to encourage the uptake of gas-propelled commercial vehicles as an economic and environmentally friendly alternative to diesel."

Minister Donohoe also said that VRT relief will be extended for hybrid vehicles until 2019.

© 2018 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition. 

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