Written answers
Tuesday, 11 May 2010
Department of Finance
Tax Yield
8:00 am
Bernard Durkan (Kildare North, Fine Gael)
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Question 126: To ask the Minister for Finance the total receipts to date from carbon tax; the projects on which these moneys were spent; and if he will make a statement on the matter. [19328/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the total receipts from the carbon tax for the period January to April 2010, in respect of petrol and auto-diesel only, is €53.1 million, i.e. €48.4 million from the carbon charge and an estimated €4.7 million in respect of VAT. It is estimated that the carbon tax, inclusive of VAT, will yield approximately €250 million in 2010. The revenue will, amongst other things, be used to boost energy efficiency, to support rural transport and to alleviate fuel poverty.
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