Dáil debates

Tuesday, 27 September 2022

Financial Resolutions 2022 - Budget Statement 2023

 

1:25 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

-----as per the trajectory set out in the Finance Act 2020. This will mean that there will be an increase of just over 2 cent, VAT inclusive, per litre of petrol and diesel. However, I also recognise the sharp cost-of-living challenges currently faced by society. The Government is therefore proposing to help offset this carbon tax increase with a reduction to zero of the National Oil Reserves Agency, NORA levy. The NORA levy which is collected at a rate of 2 cent per litre, VAT exclusive, will offset the carbon tax increase which means that the price at the pump will not go up as a result of taxes or levies.

AGRICULTURAL RELIEFS

We know the challenges-----

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