Written answers
Wednesday, 24 February 2021
Department of Finance
Tax Data
Neale Richmond (Dublin Rathdown, Fine Gael)
Link to this: Individually | In context | Oireachtas source
163. To ask the Minister for Finance the amount of revenue generated from VAT, mineral oil tax and carbon tax on liquid fuel in 2019 and 2020; and if he will make a statement on the matter. [9464/21]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
I am advised by Revenue that receipts for Mineral Oil Tax (MOT) and carbon tax on liquid fuels for the years up to year 2019 are published on the Revenue website at:
The provisional receipts from MOT and carbon tax for 2020 are shown in the table below.
Mineral Oil Tax | Carbon Tax | |
---|---|---|
2020 €m | 2020 €m | |
Petrol | 424.7 | 46.1 |
Aviation Gasoline | 0.5 | 0.06 |
Auto -diesel | 1,351.6 | 212.6 |
Marked Gas Oil | 37.5 | 65.3 |
Kerosene | 0.0 | 68.2 |
Fuel Oil | 0.6 | 1.3 |
LPG (Other) | 0.0 | 11.2 |
Auto LPG | 0.1 | 0.04 |
Regarding the VAT generated from liquid fuels, I am advised by Revenue that taxpayers are not required to separately identify the yield generated from a particular activity or product type on their VAT returns. However, using a combination of Revenue and third-party data, an estimate of the VAT yield across each of the different commodities types is provided below.
2019 €m | 2020 €m | |
---|---|---|
Petrol | 276.4 | 195.9 |
Aviation Gasoline | 0.2 | 0.2 |
Auto -diesel | 298.5 | 187.0 |
Marked Gas Oil | 52.2 | 47.6 |
Kerosene | 85.7 | 73.5 |
Fuel Oil | 53.2 | 60.5 |
LPG (Other) | 9.1 | 10.6 |
Auto LPG | 0.4 | 0.3 |
No comments