Tuesday 17 October 2017

Off-road motor 'loophole' closed

Louise Hogan

Louise Hogan

A TAX-evasion 'loophole' worth €55m, where motorists put their cars on 'holiday', has been shut down.

Motorists will no longer be allowed to make a retrospective declaration through their local garda station that their car has been off the road to avoid paying arrears of tax. The new rules come into effect from today.

Environment Minister Phil Hogan said up to €55m a year was not collected currently "through tax evaders taking a holiday from paying their motor tax".

There will be a three-month transition, until September 30, for drivers to pay arrears or declare their motor off the road.

Under the new rules, making a false non-use declaration can result in a fine of up to €4,000 and up to six months' jail.

Irish Independent

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