Written answers
Wednesday, 17 October 2012
Department of Finance
Tax Reliefs Cost
Pearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
To ask the Minister for Finance if he will set out in tabular form the cost to the Exchequer of reducing the excise rate on fuel per litre by one cent; two cent; three cent; four cent; five cent; six cent; seven cent; eight cent; nine cent and ten cent. [45105/12]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
Assuming that the Deputy is referring to auto-fuels, I am informed by the Revenue Commissioners that the costs requested by the Deputy are set out in the table below:
Decrease (VAT Inclusive) | Unleaded Petrol – Cost to Exchequer | Auto-Diesel – Cost to Exchequer |
---|---|---|
1c | -15.7m | -19.4m |
2c | -31.7m | -38.9m |
3c | -47.8m | -58.4m |
4c | -63.9m | -78.0m |
5c | -80.1m | -97.6m |
6c | -96.3m | -117.3m |
7c | -112.6m | -137.1m |
8c | -128.8m | -156.9m |
9c | -145.2m | -176.7m |
10c | -161.5m | -196.6m |
No comments