Dáil Éireann Debate, Thursday - 10 April 2014
43. Deputy Michael McGrath asked the Minister for Finance the yield from carbon tax on solid fuel in 2013; the projected yield for carbon from solid fuel in 2014; the additional revenue that will be raised from increasing the tax on solid fuel from 1 May 2014 in the current and in a full year; and if he will make a statement on the matter. [17244/14]
View answerI am informed by the Revenue Commissioners that the provisional yield for 2013 from Carbon Tax on solid fuel (introduced with effect from 1 May 2013) was €7.3m.
The projected yield for 2014 is €21.5m, this includes the additional yield from the higher rates that come into effect from 1 May 2014, which are estimated to yield €7.2m in the current year and €14.4m in a full year.
