I move the following Financial Resolutions:
Financial Resolution No.1: Mineral Oil Tax
(1) THAT for the purposes of the tax charged by virtue of section 95 of the Finance Act 1999 (No. 2 of 1999), that Act be amended, with effect as on and from 23 February 2023, by the substitution of the following for Schedule 2 to that Act:
“SCHEDULE 2
RATES OF MINERAL OIL TAX
|
Light Oil: Rates per 1,000 litres |
Heavy Oil: Rates per 1,000 litres |
Liquefied Petroleum Gas: Rates per 1,000 litres |
|||||||||
|
With effect as on and from: |
Petrol |
Aviation gasoline |
Used as a propellant |
Used for air navigation |
Used for private pleasure navigation |
Kerosene used other than as a propellant |
Fuel oil |
Other heavy oil |
Used as a propellant |
Other liquefied petroleum gas |
Vehicle gas: Rate per megawatt hour at gross calorific value |
|
10 March 2022 |
€474.11 |
€474.11 |
€413.51 |
€413.51 |
€413.51 |
€84.84 |
€118.01 |
€120.55 |
€118.27 |
€54.68 |
€9.36 |
|
1 April 2022 |
€465.98 |
€465.98 |
€405.38 |
€405.38 |
€405.38 |
€84.84 |
€118.01 |
€120.55 |
€118.27 |
€54.68 |
€9.36 |
|
1 May 2022 |
€465.98 |
€465.98 |
€405.38 |
€405.38 |
€405.38 |
€103.83 |
€141.12 |
€111.14 |
€130.52 |
€66.93 |
€9.36 |
|
12 October 2022 |
€483.34 |
€483.34 |
€425.45 |
€425.45 |
€425.45 |
€103.83 |
€141.12 |
€111.14 |
€130.52 |
€66.93 |
€9.36 |
|
1 May 2023 |
€483.34 |
€483.34 |
€425.45 |
€425.45 |
€425.45 |
€122.83 |
€164.23 |
€131.47 |
€142.76 |
€79.17 |
€9.36 |
|
1 June 2023 |
€532.12 |
€532.12 |
€466.10 |
€466.10 |
€466.10 |
€122.83 |
€164.23 |
€140.28 |
€142.76 |
€79.17 |
€9.36 |
|
1 September 2023 |
€589.03 |
€589.03 |
€506.75 |
€506.75 |
€506.75 |
€122.83 |
€164.23 |
€149.09 |
€142.76 |
€79.17 |
€9.36 |
|
11 October 2023 |
€606.39 |
€606.39 |
€526.83 |
€526.83 |
€526.83 |
€122.83 |
€164.23 |
€149.09 |
€142.76 |
€79.17 |
€9.36 |
|
31 October 2023 |
€671.43 |
€671.43 |
€575.61 |
€575.61 |
€575.61 |
€122.83 |
€164.23 |
€178.83 |
€142.76 |
€79.17 |
€9.36 |
|
1 May 2024 |
€671.43 |
€671.43 |
€575.61 |
€575.61 |
€575.61 |
€141.82 |
€187.34 |
€199.17 |
€155.01 |
€91.42 |
€10.13 |
|
9 October 2024 |
€688.78 |
€688.78 |
€595.68 |
€595.68 |
€595.68 |
€141.82 |
€187.34 |
€199.17 |
€155.01 |
€91.42 |
€10.13 |
|
1 May 2025 |
€688.78 |
€688.78 |
€595.68 |
€595.68 |
€595.68 |
€160.81 |
€210.45 |
€219.50 |
€167.25 |
€103.66 |
€11.48 |
|
8 October 2025 |
€706.14 |
€706.14 |
€615.76 |
€615.76 |
€615.76 |
€160.81 |
€210.45 |
€219.50 |
€167.25 |
€103.66 |
€11.48 |
|
1 May 2026 |
€706.14 |
€706.14 |
€615.76 |
€615.76 |
€615.76 |
€179.81 |
€233.57 |
€239.83 |
€179.49 |
€115.90 |
€12.84 |
|
14 October 2026 |
€723.49 |
€723.49 |
€635.83 |
€635.83 |
€635.83 |
€179.81 |
€233.57 |
€239.83 |
€179.49 |
€115.90 |
€12.84 |
|
1 May 2027 |
€723.49 |
€723.49 |
€635.83 |
€635.83 |
€635.83 |
€198.80 |
€256.68 |
€260.16 |
€191.74 |
€128.15 |
€14.20 |
|
13 October 2027 |
€740.85 |
€740.85 |
€655.90 |
€655.90 |
€655.90 |
€198.80 |
€256.68 |
€260.16 |
€191.74 |
€128.15 |
€14.20 |
|
1 May 2028 |
€740.85 |
€740.85 |
€655.90 |
€655.90 |
€655.90 |
€217.80 |
€279.79 |
€280.49 |
€203.98 |
€140.39 |
€15.56 |
|
11 October 2028 |
€758.21 |
€758.21 |
€675.98 |
€675.98 |
€675.98 |
€217.80 |
€279.79 |
€280.49 |
€203.98 |
€140.39 |
€15.56 |
|
1 May 2029 |
€758.21 |
€758.21 |
€675.98 |
€675.98 |
€675.98 |
€236.79 |
€302.90 |
€300.83 |
€216.23 |
€152.64 |
€16.91 |
|
10 October 2029 |
€773.25 |
€773.25 |
€693.38 |
€693.38 |
€693.38 |
€236.79 |
€302.90 |
€300.83 |
€216.23 |
€152.64 |
€16.91 |
|
1 May 2030 |
€773.25 |
€773.25 |
€693.38 |
€693.38 |
€693.38 |
€253.25 |
€322.93 |
€318.45 |
€226.84 |
€163.25 |
€18.09 |
"
(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).