Peadar Tóibín
Question:126. Deputy Peadar Tóibín asked the Minister for Finance the amount of tax received on all fuel and energy in the past five years to date. [22208/23]
View answerThursday, 11 May 2023
Questions (126)
Written answers
I am advised by Revenue that a breakdown of excise receipts for 2021 and prior years is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/excise/receipts-volume-and-price/excise-receipts-commodity.aspx.
In relation to VAT, I am further advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide the VAT yield on all fuel and energy related products and services using taxpayer information alone. However, using Revenue and third-party data sources, a tentative estimate of the VAT generated can be provided.
The total excise tax receipts for Mineral Oil Tax (MOT) Solid Fuel (SF), Natural Gas (NG) and Electricity Tax (ET) and the estimated VAT receipts in respect of fuel and energy for the past five years and the year to date are provided in the table below.
|
Year |
MOT |
SFCarbon Tax |
NGCarbon Tax |
ET |
Estimated VAT |
Total |
|
€m |
€m |
€m |
€m |
€m |
€m |
|
|
2023* |
736.6 |
9.8 |
49.5 |
4.2 |
317.9 |
1,118.0 |
|
2022 |
2,220.9 |
25.9 |
94.5 |
3.5 |
1,333.2 |
3,678.0 |
|
2021 |
2,467.1 |
27.9 |
83.3 |
5.2 |
975.8 |
3,559.3 |
|
2020 |
2,219.7 |
23.8 |
65.0 |
2.1 |
845.96 |
3,156.6 |
|
2019 |
2,524.1 |
20.1 |
50.4 |
2.3 |
982.96 |
3,579.9 |
|
2018 |
2,518.9 |
25.3 |
50.0 |
2.5 |
1,012.9 |
3,609.6 |
* Provisional YTD April receipts
** VAT 2023 is estimated to end of March 2023