Richard Bruton (Dublin Bay North, Fine Gael)
Link to this: Individually | In context | Oireachtas source

390.To ask the Minister for Finance the rate of VAT on energy products; if an increase in this rate before the end of 2024 is scheduled; and if he will make a statement on the matter.[35866/24]

Jack Chambers (Dublin West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The reduced VAT rate of 13.5% applies to the following energy products and supplies:

- The supply of coal, peat and other solid substances offered for sale solely as fuel.

- The supply of hydrocarbon oil of a kind used for domestic or industrial heating, excluding gas oil (within the meaning of section 94(1) of the Finance Act 1999), other than gas oil which has been duly marked in accordance with Regulation 29(2)(a) of the Mineral Oil Tax Regulations 2012 (S.I. No. 231 of 2012).

The reduced VAT rate of 9% applies until 31 October 2024 to the following energy products and supplies:

- The supply of electricity, but not the distribution of electricity if the distribution is wholly or mainly in connection with the transmission of communication signals.

- The supply of gas of a kind used for domestic or industrial heating or lighting, whether in gaseous or liquid form, but not including—

(a) "vehicle gas" within the meaning of section 94(1) of the Finance Act 1999,

(aa) "liquefied petroleum gas" within the meaning of section 94(1) of the Finance Act 1999 when used or intended for use as a "propellant" within the meaning of that section,

(b) gas of a kind normally used for welding or cutting metal, or

(c) gas sold as lighter fuel.

Following which the VAT rate is scheduled to revert to 13.5%.

As the Deputy will be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.