Written answers
Wednesday, 18 April 2012
Department of Finance
Tax Yield
10:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 173: To ask the Minister for Finance the amount of VAT receipts collected in each of the years 2007, 2008, 2009, 2010, 2011 and to date in 2012 in respect of the sale of petrol and diesel; and if he will make a statement on the matter. [18686/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the estimated VAT receipts for the years 2007, 2008, 2009, 2010, 2011 and the first three months of 2012 in respect of the sale of petrol and diesel is as follows:
Petrol | VAT (Estimated) |
€m | |
2007 | 465.2 |
2008 | 485.9 |
2009 | 419.0 |
2010 | 438.8 |
2011 | 459.0 |
2012 | 120.0 |
Auto Diesel | VAT (Estimated) |
€m | |
2007 | 57.0 |
2008 | 64.6 |
2009 | 49.4 |
2010 | 55.5 |
2011 | 62.0 |
2012 | 17.0 |
Please note that the VAT receipts are estimated, as the VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified and the actual VAT yield for each year on petroleum and auto diesel products cannot therefore be provided.
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