Dáil Éireann Debate, Tuesday - 16 June 2020
126. Deputy Ged Nash asked the Minister for Finance the estimated revenue that would be raised by equalising duty on petrol and diesel to the higher rate over a three year period; and if he will make a statement on the matter. [11470/20]
View answerI am advised by Revenue that if the diesel rate was increased in equal amounts over a three-year period, the overall additional receipts that would be raised over that period are estimated at €792 million as set out in the following table:
|
- |
€m |
|
Year 1 |
132 |
|
Year 2 |
264 |
|
Year 3 |
396 |
|
Total |
792 |
