Leo Varadkar (Dublin West, Fine Gael)
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Question 119: To ask the Minister for Finance the amount of VAT received from petrol sales for each of the first four months of 2010 and each of the first four months of 2009 in tabular form; the amount of same in respect of diesel sales; and if he will make a statement on the matter. [21417/10]

Leo Varadkar (Dublin West, Fine Gael)
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Question 120: To ask the Minister for Finance the amount of excise received from petrol sales for each of the first four months of 2010 and each of the first four months of 2009 in tabular form; the amount of same in respect of diesel sales; and if he will make a statement on the matter. [21418/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I propose to take Questions Nos. 119 and 120 together.

I am informed by the Revenue Commissioners that the data available on the amounts of Excise, exclusive of carbon tax, and VAT generated by clearances in the first 4 months of 2009 and 2010 on Petrol and Auto Diesel is as follows.

Mineral Oil Tax Receipts – exclusive of carbon tax

Estimated VAT

VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified. The figures provided in this reply for monthly VAT receipts are estimates of the amount of VAT yield that would be generated by the volume of clearances of Petrol and Auto Diesel up to the end of each month. VAT returns can be made monthly, bi-monthly, quarterly, half yearly or annually depending on the nature of the registration status of a trader, and this will dictate the point in time when VAT on sales will actually be paid. 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.

Leo Varadkar (Dublin West, Fine Gael)
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Question 121: To ask the Minister for Finance the amount of carbon tax received from petrol sales for each of the first four months of 2010 and each of the first four months of 2009 in tabular form; the amount of same in respect of diesel sales; and if he will make a statement on the matter. [21419/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The carbon tax was introduced from midnight, 9 December 2009 in respect of petrol and auto-diesel. I am informed by the Revenue Commissioners that since its introduction, 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 should be noted that the carbon charge in respect of petrol and auto-diesel is payable in the month after it is released for consumption so each of the monthly figures below relate to sales in the previous month.

Leo Varadkar (Dublin West, Fine Gael)
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Question 122: To ask the Minister for Finance the additional VAT taken in as a result of the increase in the price of petrol and diesel over and above budget day predictions; and if he will make a statement on the matter. [21420/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified. The figures provided in this reply for VAT receipts are estimates of the amount of VAT yield that would be generated by the volume of clearances of Auto Diesel and Petrol from January to April 2010. The estimated VAT gain is as follows:

VAT returns can be made monthly, bi-monthly, quarterly, half yearly or annually depending on the nature of the registration status of a trader, and this will dictate the point in time when VAT on sales will actually be paid. 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.

While the VAT from Petrol and Auto-Diesel increases as the price of the fuels increase, it should however be borne in mind that to the extent that spending in the economy is re-allocated to petrol and other oil products, and away from other VAT liable spending, and to the extent that the overall level of economic activity is reduced by higher oil prices, there may be little or no net gain to the Exchequer.