As we exclusively revealed back on August 23rd this year, we can again confirm that Vehicle Registration Tax (VRT) and road tax are both set to rise significantly next year.
By the end of August this year the current Band A registrations ( covering all cars with CO2 emissions from zero to 120 g/km) accounted for 41,077 cars or 53.65 per cent of all registrations in the first eight months of this year, and that was actually 12 per cent more than last year. If you add Band B registrations that account for a further 38.43 per cent (29,449 registrations) in that period, the current combined Band A and B categories account for an amazing 92.08 per cent of all cars registered here. Band c accounts for a further 4.22 per cent.
The breaking by the Government of an agreement with the auto industry to confirm the changes in VRT by last summer, so that they could order cars for January based on the increases, has forced the industry to order their January stocks and prepare pricing based on the figures that we revealed exclusively back in August.
Here again are the changes for 2013.
Four new Band A categories
Band A1 will cover all cars from zero g/km to 80 g/km of CO2 emissions. The VRT rate is 14 per cent, similar to the existing Band A rate ( which runs up to 120 g/km). This means as previously reported, with a rate starting at zero instead of 1 per cent, electric cars will stay in the same band as hybrids and very few other cars with very low emissions.
Band A2 will cover all cars from 81 g/km to 100 g/km of CO2 emissions. This VRT will be 15 per cent,
Band A3 will cover all cars from 101 g/km to 110 g/km of CO2 emissions. The VRT rate will be 16 per cent.
Band A4 will cover all cars from 110 g/km to 120 g/km of CO2 emissions. The VRT rate will be 17 per cent.
Two new Band B categories
Band B1 will cover all cars in the 121 g/km to 130 g/km of CO2 emissions. The VRT rate will be 18 per cent.
Band B2 will cover all cars in the 131 g/km to 140 g/km of CO2 emissions. The VRT rate will be 19 per cent.
131 / 132 Number plates also a reality
Back on August 23rd, we also exclusively revealed that there will be two number plate periods each year, starting in 2013. The designation ‘131’ will be used instead of ’13’ from January. Then after six month, from July 1st 2013, the designation ‘132’ will take over for the second half of the year. The following year, the designations will be ‘141’ and ‘142’.
We also revealed back in August that the annual road tax on every Irish car on Irish roads will be increased significantly in 2013. Our information is that the political sensitivity for the Government of this part of the bad news has delayed all of the above announcements.
For full details of our August exclusive , check ot our exclusive story at: http://www.autotrade.ie/index.php/big-vrt-rise-and-new-number-plate-system-on-the-way/1498