Written answers
Tuesday, 16 January 2018
Department of Finance
Tax Yield
Michael McGrath (Cork South Central, Fianna Fail)
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229. To ask the Minister for Finance the amount of money collected by the Exchequer in each of the years 2010 to 2017, inclusive, from excise and carbon tax on motor fuel, VRT, motor taxation and VAT on motor fuel and on vehicle purchases, in tabular form; the estimated impact the State’s policy of encouraging the purchase of electric vehicles will have on taxation receipts in the future; and if he will make a statement on the matter. [1477/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that information on Excise receipts, Carbon Tax on motor fuel and Vehicle Registration Tax for the years 2010 to 2016 are published on the Revenue statistics website at: .
Provisional data for 2017 are shown in the following table.
2017 | €m |
---|---|
(Provisional) | |
Petrol - Excise | 625 |
Diesel -Excise | 1,391 |
Petrol - Carbon | 54 |
Diesel - Carbon | 179 |
VRT | 841 |
Year | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
---|---|---|---|---|---|---|---|---|
Estimated VAT €m | 766 | 868 | 886 | 876 | 948 | 1,016 | 1,108 | 1,115 |
It is envisioned that number of options will be adopted to replace excise duty as EVs become the car of choice. The potential development of a system of road users charges and congestion charges will be among the options considered. Similarly, Vehicle Registration Tax and annual Motor Tax could be increased to offset some of the loss.
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