Written answers

Thursday, 10 March 2022

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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188. To ask the Minister for Finance the estimated cost of reducing excise levied against petrol, diesel and home heating oil by 10 cents per litre, disaggregated by fuel type. [13696/22]

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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189. To ask the Minister for Finance the revenue raised through excise levied against petrol, diesel and home heating, disaggregated by fuel type, in each of the years 2018, 2019 and 2020. [13697/22]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 188 and 189 together.

I am advised by Revenue that the receipts from Mineral Oil Tax (MOT) and Carbon Tax for petrol, diesel and kerosene for the years 2018, 2019 and 2020 are published on the Revenue website at: www.revenue.ie/en/corporate/documents/statistics/excise/net-receipts-by-commodity.pdf.

The estimated full year cost of reducing the rate of MOT on petrol and diesel are shown on page 22 of Revenue’s Ready Reckoner at www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf.

The Deputy should note that the MOT rate applicable to home heating oil (kerosene) is zero so a reduction in excise duty would not be possible.

The estimates in the Ready Reckoner are based on levels of consumption in 2021, projected forward based on growth rates as anticipated by my Department in Budget 2022. Therefore, they may not fully reflect the current levels of uncertainty in these markets.

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