Written answers

Tuesday, 23 October 2018

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
Link to this: Individually | In context | Oireachtas source

209. To ask the Minister for Finance the anticipated yield for each of the years 2020 to 2024 if the carbon tax was increased by amounts (details supplied). [43434/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I am advised by Revenue that an increase in Carbon Tax from €20 per tonne to €45 per tonne over the years 2020 to 2024 would give the estimated yield for each year as shown in the table. These estimates are based on the current volumes for each commodity and include both Carbon Tax and VAT.

20202021202220232024
Carbon Tax Rate€25€30€35€40€45
€m€m€m€m€m
Estimated Carbon Tax Total Yield (inclusive of VAT)533639746852959

Comments

No comments

Log in or join to post a public comment.