Dáil Éireann Debate, Wednesday - 8 October 2014
62. Deputy Thomas P. Broughan asked the Minister for Finance the estimated cost to the Exchequer from decreasing the excise duty on a litre of petrol by 5 cent and decreasing the excise duty on a litre of diesel by 3 cent. [38435/14]
View answerI am informed by the Revenue Commissioners that the Budget 2015 Ready Reckoner, available on the Commissioners website at http://www.revenue.ie/en/about/statistics/index.html, shows a number of indicative changes to Excise Duty on unleaded petrol and diesel. While the Ready Reckoner shows illustrative increases in Duty rates, the cost of the specific decreases requested by the Deputy can be broadly assumed to be in the same magnitude as the yields shown from equivalent increases in rates.
