Written answers

Wednesday, 13 December 2023

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú)
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63. To ask the Minister for Finance the amount of tax received on all fuel and energy in the past five years. [55537/23]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the relevant excise duty rates on fuel and electricity are published on the Revenue website at: www.revenue.ie/en/tax-professionals/tdm/excise/excise-duty-rates/energy-excise-duty-rates.pdf

I am also advised by Revenue that a breakdown of excise receipts for 2022 and prior years is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/excise/receipts-volume-and-price/excise-receipts-commodity.aspx.

In relation to VAT, I am further advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide the VAT yield on all fuel and energy related products and services using taxpayer information alone. However, using Revenue and third-party data sources, a tentative estimate of the VAT generated on fuel and energy products can be provided.

The total excise receipts for Mineral Oil Tax (MOT), Solid Fuel Carbon Tax (SFCT), Natural Gas Carbon Tax (NGCT) and Electricity Tax (ET), and an estimate of VAT receipts in respect of fuel and energy for the past five years and the year to date is provided in the table below.

Year MOT SFCT NGCT ET Estimated VAT Total
€m €m €m €m €m €m
2023* 2,136.7 16.4 96.2 4.2 1,048 ** 3,302
2022 2,220.9 25.9 94.5 3.5 1,426 3,771
2021 2,467.1 27.9 83.3 5.2 1,140 3,723
2020 2,219.7 23.8 65 2.1 925 3,235
2019 2,524.1 20.1 50.4 2.3 1,005 3,602
2018 2,518.9 25.3 50 2.5 1,079 3,675
* Provisional YTD November receipts

** VAT 2023 is estimated to end of October 2023

Revisions Note: VAT estimates for 2022 and prior years amended due to revisions to third party data.

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