Dáil Éireann Debate, Tuesday - 21 January 2014
199. Deputy Mattie McGrath asked the Minister for Finance if he will ensure that all registered VAT agri-contractors and FCI members will be entitled to claim back the carbon tax against their income tax as this tax is double taxation (details supplied); and if he will make a statement on the matter. [2456/14]
View answerI assume that the Deputy's question relates to the double deduction for carbon tax on farm diesel which I provided for in Finance Act 2012.
Under this provision, farmers are allowed a deduction in computing their farming profits or losses for the amount of additional carbon tax they incur on purchases of Marked Gas Oil following the €5 per tonne increase in the rate of carbon tax on certain fuels from 1 May 2012.
This was provided in the context of a commitment in the Programme for Government.
I have no plans to extend the current double deduction for carbon tax in respect of Marked Gas Oil to agricultural contractors.
