Written answers
Wednesday, 16 October 2024
Department of Finance
Tax Yield
Peadar Tóibín (Meath West, Aontú)
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83. To ask the Minister for Finance the amount collected in VAT on energy bills in each of the past ten years and to date in 2024, in tabular form. [41852/24]
Jack Chambers (Dublin West, Fianna Fail)
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I am informed by Revenue that traders are not required to separately identify the VAT from specific goods and services on their periodic VAT returns. Therefore, it is not possible to provide the VAT yield on all energy related products and services using taxpayer information alone. However, using Revenue data and third party sources, a tentative estimate of VAT received on energy bills is as follows:
Year | Total VAT |
---|---|
2014 | €493 |
2015 | €531 |
2016 | €514 |
2017 | €514 |
2018 | €573 |
2019 | €526 |
2020 | €573 |
2021 | €689 |
2022 | €688 |
2023 | €826 |
2024 YTD (August) | €397 |
Peadar Tóibín (Meath West, Aontú)
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84. To ask the Minister for Finance the amount collected in tax on fuel, by fuel type, in each of the past ten years and to date in 2024, in tabular form. [41853/24]
Jack Chambers (Dublin West, Fianna Fail)
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I am advised by Revenue that the receipts collected in respect of Fuel Taxes in each of the past ten years up to 2023 are published on the Revenue website at:
www.revenue.ie/en/corporate/information-about-revenue/statistics/excise/receipts-volume-and-price/excise-receipts-commodity.aspx.
The provisional receipts for the year to September 2024 are shown in the following table:
January – September 2024
Fuel Type | Non-Carbon Component €m | Carbon Component €m |
---|---|---|
Diesel | 1,020.8 | 358.4 |
MGO | 20.0 | 101.0 |
Petrol | 394.5 | 93.6 |
Natural Gas | - | 100.7 |
KERO | - | 87.4 |
Other LPG | - | 21.6 |
Solid Fuel | - | 17.1 |
Fuel Oil | 0.1 | 1.4 |
Auto LPG | 0.1 | 0.1 |
Aviation Gasoline | 0.2 | 0.1 |
In relation to VAT, I am further advised by Revenue that traders are not required to separately identify the VAT yield generated from the supply of specific goods and services on their periodic 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 over each of the past 10 years and to the end of August 2024 by fuel type is provided in the table below.
Estimated VAT €m
Product | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Petrol | 423 | 364 | 319 | 318 | 294 | 276 | 195 | 231 | 322 | 318 | 241 |
Diesel | 254 | 287 | 262 | 284 | 306 | 294 | 257 | 334 | 423 | 370 | 259 |
Gas | 58 | 65 | 62 | 59 | 70 | 69 | 70 | 69 | 111 | 158 | 67 |
Kerosene | 42 | 43 | 50 | 61 | 63 | 43 | 67 | 108 | 90 | 75 | 45 |
MGO | 41 | 33 | 30 | 34 | 40 | 39 | 32 | 42 | 71 | 56 | 40 |
Solid Fuels | 41 | 53 | 45 | 40 | 44 | 30 | 31 | 47 | 57 | 77 | 56 |
LPG | 8 | 7 | 8 | 10 | 14 | 14 | 12 | 14 | 16 | 16 | 6 |
Total | 867 | 852 | 776 | 806 | 831 | 765 | 664 | 845 | 1,090 | 1,070 | 714 |
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