Written answers

Thursday, 5 February 2015

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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138. To ask the Minister for Finance the yield form carbon tax on solid fuel in 2013 and 2014; the additional revenue that will be raised from increasing the tax on solid fuel from 1 May 2014; and if he will make a statement on the matter. [5383/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the yield from Carbon Tax on Solid Fuel was €7.3m in 2013 and €17.2m in 2014. The Solid Fuel Carbon Tax was introduced on a phased basis at a rate of €10 per tonne of CO2 emitted on 1 May 2013 increasing to €20 per tonne from 1 May 2014.

The 2014 receipts are provisional at this time and may be subject to revision. Please note that for Solid Fuel Carbon Tax, the accounting period is a 2 month period and returns and payment are due to Revenue by the end of the following month (e.g., the May-June return and payment is due the end of July).

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