EV Drivers can avail of the following grants from the SEAI:
– Grant for Private Electric Vehicles and Commercial Electric Vehicles
– Motor Tax for a BEV is typically €120 per annum and typically €170 per annum for a PHEV
– Reduced Toll Fees on Motorways
Businesses can avail of the Accelerated Capital Allowance (ACA) tax incentive for energy saving equipment. This incentive allows local businesses to deduct the full cost of the equipment from their profits in the year of purchase. As a result, the reduction in tax paid by the organisation in that year is currently 12.5% of the value of capital expenditure.
