Dáil Éireann Debate, Tuesday - 24 January 2023
246. Deputy Martin Kenny asked the Minister for Finance the estimated cost of extending the existing reduced rates applicable to petrol and diesel until the end of June 2023; and if he will make a statement on the matter. [3181/23]
View answerI am advised by Revenue that the estimated cost of extending the reduced rates of Mineral Oil Tax (MOT) applicable to petrol and diesel until the end of June 2023 are shown in the following table.
|
Fuel Type |
MOT €m |
VAT €m |
Total €m |
|
Petrol |
54.4 |
12.5 |
67.0 |
|
Diesel |
161.6 |
11.9 |
173.5 |
These estimates are based on recent consumption data and do not account for any behavioural change.
