Carol Nolan (Laois-Offaly, Independent)
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268. To ask the Minister for Finance if the diesel rebate scheme will continue for the duration of 2023; and if he will make a statement on the matter. [4338/23]

Michael McGrath (Cork South Central, Fianna Fail)
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As the Deputy will be aware, the Diesel Rebate Scheme (‘DRS’) has been in operation since 2013 and is available to qualifying road haulage and passenger transport operators. The DRS operates on a sliding scale basis, whereby the rebate kicks in when the retail price of diesel exceeds €1.00 VAT exclusive and the repayment amount increases gradually as the retail price increases up to a maximum repayment amount of 7.5 cents per litre.  Budget 2020 provided for a significant enhancement to the scheme whereby the marginal rate of compensation was doubled at prices over €1.07 VAT exclusive.  This enhancement has been maintained to date in light of the current challenges facing sectors of the economy. 

The Diesel Rebate Scheme will be kept under review as part of the annual budget process.