The Society of the Irish Motor Industry wins its campaign for a vehicle-scrappage scheme as the government announces a year-long program. Finance Minister Brian Lenihan says the scheme will run from Jan.1 to Dec. 31. “Vehicle-registration tax (VRT) relief of up to €1,500 ($2,207) for a new car purchased will be made available under the scheme, where a car of 10 years or older is scrapped under certain conditions,” he says in his annual budget speech. The tax relief will go to buyers of ...
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