Written answers

Wednesday, 26 June 2013

Department of Finance

Excise Duties Yield

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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86. To ask the Minister for Finance the cost of reducing excise duty on fuel by five cent in the litre. [30928/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that a five cent reduction in the excise duty on auto-fuels would cost the Exchequer an estimated €74.4 million in the case of petrol and €97.7 million in the case of auto-diesel.

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