Petrol and diesel prices to increase as carbon taxes rise

A €5,000 relief for the purchase of new electric vehicles will be extended to the end of 2023, with higher taxes set to be levied on higher polluting cars.

From January, VRT on cars from bands 9 to 12 will go up 1%, cars in bands 13-15 will go up 2%, and those in the heaviest polluting range will go up 4%, with band 20 vehicles up to 41%.