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Tax Yield

Dáil Éireann Debate, Tuesday - 11 May 2010

Tuesday, 11 May 2010

Ceisteanna (88)

Bernard J. Durkan

Ceist:

126 Deputy Bernard J. Durkan asked the Minister for Finance the total receipts to date from carbon tax; the projects on which these moneys were spent; and if he will make a statement on the matter. [19328/10]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Revenue Commissioners that the total receipts from the carbon tax for the period January to April 2010, in respect of petrol and auto-diesel only, is €53.1 million, i.e. €48.4 million from the carbon charge and an estimated €4.7 million in respect of VAT. It is estimated that the carbon tax, inclusive of VAT, will yield approximately €250 million in 2010. The revenue will, amongst other things, be used to boost energy efficiency, to support rural transport and to alleviate fuel poverty.

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