Written answers

Thursday, 18 November 2021

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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162. To ask the Minister for Finance the total tax take on a litre of petrol retailing at €1.10, a litre of diesel, retailing at €1.10 and on a litre of LPG retailing at €1.10, respectively; and if he will make a statement on the matter. [56592/21]

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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163. To ask the Minister for Finance the total tax take on a litre of petrol retailing at €1.50, on a litre of diesel retailing at €1.50 and on a litre of LPG retailing at €1.50; and if he will make a statement on the matter. [56594/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 162 and 163 together.

I am advised by Revenue that the breakdown of the tax liabilities, at current Mineral Oil Tax (MOT), Carbon Duty and VAT rates, on a litre of petrol, diesel and Auto-LPG retailing at €1.10 or alternatively at €1.50 are as follows.

Petrol

Price (tax inclusive) per Litre € MOT Component of Price € Carbon Component of Price € VAT Component of Price €
1.10 0.54 0.09 0.21
1.50 0.54 0.09 0.28

Diesel

Price (tax inclusive) per Litre € MOT Component of Price € Carbon Component of Price € VAT Component of Price €
1.10 0.43 0.11 0.21
1.50 0.43 0.11 0.28

Auto LPG

Price (tax inclusive) per Litre € MOT Component of Price € Carbon Component of Price € VAT Component of Price €
1.10 0.06 0.05 0.21
1.50 0.06 0.05 0.28

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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164. To ask the Minister for Finance the total tax take by his Department on petrol sales for February 2021 compared to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56596/21]

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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165. To ask the Minister for Finance the total tax take on sales of diesel for February 2021; the way this figure compares this to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56599/21]

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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166. To ask the Minister for Finance the total tax take on sales of LPG for February 2021; the way this figure compares to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56602/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 164, 165 and 166 together.

I am advised by Revenue that the table below shows the provisional breakdown of tax receipts for petrol, diesel and Auto-LPG for the months of February and October 2021. As a significant proportion of VAT collected on diesel sales is refunded to VAT registered businesses, the table provides for the net (VAT) receipts based on estimated volumes and price. It should be noted that there was a significant increase in volumes consumed during that time frame, likely due to the easing of Covid-19 restrictions.

Period Tax Petrol €m Diesel €m Auto-LPG €m
Feb-21 Mineral Oil Tax (Non -Carbon Charge) 20.72 83.30 0.01
Carbon 2.82 16.60 0.00
VAT 10.52 12.58 0.03
Total Tax February 34.06 112.48 0.04
Oct-21 Mineral Oil Tax (Non-Carbon Charge) 43.14 130.71 0.01
Carbon 5.88 26.04 0.00
VAT 28.72 25.87 0.03
Total Tax October 77.73 182.62 0.05

It should be noted that there has been no increase in the rate of Mineral Oil Tax (non-carbon charge) between February and October.  The increase in the revenue yielded arises as a result of an increase in volumes consumed, likely due to the easing of Covid-19 restrictions during that time frame.

The following table shows the provisional volumes for petrol, diesel and Auto-LPG. As the receipts for February and October are on foot of returns made in respect of the previous month, the volumes shown relate to January and September.

Volume in  Kilolitres (Provisional)

Month Petrol Diesel Auto-LPG
Jan-21 38,130 197,307 148
Sep-21 79,876 310,449 177

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