VRT receipts for imported vehicles down 75% since 2007

Vehicle registration tax (VRT) receipts for imported vehicles last year were down by 75 per cent on 2007, according to new figures from Revenue.

14th May, 2011

Vehicle registration tax (VRT) receipts for imported vehicles last year were down by 75 per cent on 2007, according to new figures from Revenue.

In 2010, €384 million was collected in VRT receipts, compared to €1.4 billion in 2007.

Receipts fell slightly in 2008 to €1.12 billion, but the figure collapsed to €375 million in 2009. This year, the Revenue had taken in €147 million by the end of the first quarter.

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