Tax Collection.

Wednesday, 24 September 2008

Questions (236)

Thomas P. Broughan

Question:

322 Deputy Thomas P. Broughan asked the Minister for Finance the amount collected in taxation for each category of petrol and diesel for each year from 2002 to date in 2008; and if he will make a statement on the matter. [30602/08]

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Written answers

Minister for Finance (Deputy Brian Lenihan)

I am informed by the Revenue Commissioners that the amounts of tax revenue collected from Mineral Oil Tax and VAT on Petrol and Auto Diesel for the years 2002 to August 2008 inclusive are as follows:

Estimated Duty yield from Petrol and Auto Diesel

Mineral Oil Tax	2002	2003	2004	2005	2006	2007 Provisional	2008 End August Provisional
	€m	€m	€m	€m	€m	€m	€m
Petrol	854.2	853.8	970.7	1,001.9	1,026.4	1,051.3	724.6
Auto Diesel	660.2	731.5	870.7	920.5	1,016.7	1,076.3	738.2
Total	1,514.4	1,585.3	1,841.5	1,922.4	2,043.1	2,127.6	1,462.8

Estimated VAT yield from Petrol and Auto Diesel

	2002	2003	2004	2005	2006	2007	2008 End August
	€m	€m	€m	€m	€m	€m	€m
Petrol	286	296	342	393	440	465	352
Auto Diesel	30	32	38	46	53	57	46
Total	316	329	380	439	493	522	398

Note: The VAT yield from Petrol and Auto Diesel is estimated, as the information to be furnished on VAT returns does not require the yield from particular sectors of trade to be identified. It should also be noted that the VAT content of purchases of Auto Diesel is a deductible credit for business in the Irish VAT system.

The figures provided in this reply for VAT receipts for 2008 are estimates of the amount of VAT yield that would be generated by the volume of clearances of oil products up to the end of August. Mineral Oil Tax is paid in the month of clearance of the product but, depending on the nature of the registration status of a trader, VAT returns can be made monthly, bi-monthly, quarterly, half yearly or annually and this will dictate the point in time when VAT on sales will actually be paid.