Written answers

Wednesday, 24 September 2008

9:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 322: To ask the Minister for Finance the amount collected in taxation for each category of petrol and diesel for each year from 2002 to date in 2008; and if he will make a statement on the matter. [30602/08]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the amounts of tax revenue collected from Mineral Oil Tax and VAT on Petrol and Auto Diesel for the years 2002 to August 2008 inclusive are as follows:

Estimated Duty yield from Petrol and Auto Diesel
Mineral Oil Tax2002200320042005200620072008 End August
â'¬mâ'¬mâ'¬mâ'¬mâ'¬mâ'¬mâ'¬m
Petrol854.2853.8970.71,001.91,026.41,051.3724.6
Auto Diesel660.2731.5870.7920.51,016.71,076.3738.2
Total1,514.41,585.31,841.51,922.42,043.12,127.61,462.8
Estimated VAT yield from Petrol and Auto Diesel
2002200320042005200620072008 End August
â'¬mâ'¬mâ'¬mâ'¬mâ'¬mâ'¬mâ'¬m
Petrol286296342393440465352
Auto Diesel30323846535746
Total316329380439493522398
Note: The VAT yield from Petrol and Auto Diesel is estimated, as the information to be furnished on VAT returns does not require the yield from particular sectors of trade to be identified. It should also be noted that the VAT content of purchases of Auto Diesel is a deductible credit for business in the Irish VAT system.

The figures provided in this reply for VAT receipts for 2008 are estimates of the amount of VAT yield that would be generated by the volume of clearances of oil products up to the end of August. Mineral Oil Tax is paid in the month of clearance of the product but, depending on the nature of the registration status of a trader, VAT returns can be made monthly, bi-monthly, quarterly, half yearly or annually and this will dictate the point in time when VAT on sales will actually be paid.

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