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Tax Reliefs Cost

Dáil Éireann Debate, Wednesday - 17 October 2012

Wednesday, 17 October 2012

Questions (89)

Pearse Doherty

Question:

89. Deputy Pearse Doherty asked the Minister for Finance if he will set out in tabular form the cost to the Exchequer of reducing the excise rate on fuel per litre by one cent; two cent; three cent; four cent; five cent; six cent; seven cent; eight cent; nine cent and ten cent. [45105/12]

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Written answers

Assuming that the Deputy is referring to auto-fuels, I am informed by the Revenue Commissioners that the costs requested by the Deputy are set out in the table below:

Decrease (VAT Inclusive)

Unleaded Petrol – Cost to Exchequer

Auto-Diesel – Cost to Exchequer

1c

-15.7m

-19.4m

2c

-31.7m

-38.9m

3c

-47.8m

-58.4m

4c

-63.9m

-78.0m

5c

-80.1m

-97.6m

6c

-96.3m

-117.3m

7c

-112.6m

-137.1m

8c

-128.8m

-156.9m

9c

-145.2m

-176.7m

10c

-161.5m

-196.6m

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