Written answers
Tuesday, 4 November 2008
Department of Finance
Tax Collection
10:00 pm
John O'Mahony (Mayo, Fine Gael)
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Question 187: To ask the Minister for Finance the amount of tax collected on motor fuels in each of the past five years; and if he will make a statement on the matter. [38276/08]
Brian 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 2003 to September 2008 inclusive are as follows:
| Estimated Duty yield from Petrol and Auto Diesel | ||||||
| Mineral Oil Tax | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 (End September) |
| â'¬m | â'¬m | â'¬m | â'¬m | â'¬m | â'¬m | |
| Petrol | 853.8 | 970.7 | 1001.9 | 1026.4 | 1051.3 | 807.8 |
| Auto-diesel | 731.5 | 870.7 | 920.5 | 1016.7 | 1076.3 | 823.4 |
| Total | 1,585.3 | 1,841.5 | 1,922.4 | 2,043.1 | 2,127.6 | 1,631.2 |
| Estimated VAT yield from Petrol and Auto Diesel | ||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | |
| â'¬m | â'¬m | â'¬m | â'¬m | â'¬m | â'¬m | |
| Petrol | 296 | 342 | 393 | 440 | 465 | 395 |
| Auto-diesel | 32 | 38 | 46 | 53 | 57 | 52 |
| Total | 329 | 380 | 439 | 493 | 522 | 447 |
| 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 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 September. 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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