Written answers
Tuesday, 25 June 2019
Department of Finance
Carbon Tax Yield
Michael McGrath (Cork South Central, Fianna Fail)
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138. To ask the Minister for Finance the value of tax received in 2018 from carbon-related tax, that is, carbon tax, excise on petrol and diesel and so on; and if he will make a statement on the matter. [26313/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the aggregate value of receipts collected from Carbon Tax, plus the Excise and VAT on petrol, auto diesel and other products that carry a carbon charge, is estimated at €3.5 billion for 2018.
A breakdown of these receipts is provided in the following table.
€ Millions | |
---|---|
Light Oils | 598 |
Heavy Oils | 1,565 |
LPG | 0.20 |
Carbon Tax | 431 |
VAT | 858 |
Total | 3,452 |
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