09/10/2026
⚡ Budget 2027: What does it mean for EV owners and buyers?
There are some important updates for electric vehicle owners and anyone considering making the switch to electric in Ireland! 🇮🇪
Here's a quick look at what's changing and what's staying the same:
✅ EV VRT Relief Extended – Relief for qualifying electric vehicles will continue until 31 December 2028.
🚗 Higher VRT for Petrol & Diesel – From January 2027, VRT rates are set to increase for certain petrol and diesel vehicles.
⚡ Company Car BIK – Electric company cars continue to benefit from favourable BIK treatment, although some existing reliefs are scheduled to reduce in 2027.
✅ €120 Annual Motor Tax – Fully electric passenger cars continue to benefit from just €120 annual motor tax.
With continued incentives and the potential for lower running costs, there are still plenty of reasons to consider making the switch to electric!
Thinking about going electric? At All Set Motors, we're here to make the process simple, from finding the right EV to finance, trade-ins and nationwide delivery.
📩 Get in touch with our team today!
