Dáil Éireann Debate, Thursday - 8 September 2022
427. Deputy Pearse Doherty asked the Minister for Finance the estimated cost in 2023 of not increasing the rate of carbon tax on 12 October 2022, 1 May 2023 and 12 October 2023, relative to the revenue baseline for 2023 implicit in the summer economic statement. [44294/22]
View answer428. Deputy Pearse Doherty asked the Minister for Finance the estimated cost in 2023 of not increasing the rate of carbon tax applied to petrol, diesel and home heating oil on 12 October 2022, 1 May 2023 and 12 October 2023, relative to the revenue baseline implicit in the summer economic statement. [44295/22]
View answerI propose to take Questions Nos. 427 and 428 together.
I am advised by Revenue that the cost in 2023 of not increasing the rate of carbon tax on 12 October 2022, 1 May 2023 and 12 October 2023 is estimated at €124.6m, with an additional €11.7m in VAT.
In relation to Question No. 428, I am advised by Revenue that the cost in 2023 of not increasing the rate of carbon tax applied to petrol, diesel and home heating oil on 12 October 2022, 1 May 2023 and 12 October 2023 is estimated at €99.7m, with an additional €9.9m in VAT.
