Tuesday, 7 December 2010

Budget - Scrappage Scheme

Looking through the swathes of awful headlines in this year's budget there is relief (pardon the pun wha'?!) that the Scrappage Scheme has been extended by 6 months until June 30th. "In the light of its success, the car scrappage scheme introduced last year will be extended for a further six months to 30 June 2011. The VRT relief provided in that period will be up to a reduced maximum of €1,250". Car dealerships throughout the country will be rubbing their hands at the prospect of shifting some new metal this January. There is also good news for those of a green demeanour with the news that relief on hybrid vehicles and flexible fuel vehicles is to be extended to December 2012.

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