Wednesday, 20 June 2018

Ceisteanna (103)

John Deasy

Ceist:

103. Deputy John Deasy asked the Minister for Finance his plans to reduce or remove the emergency tax placed on fuel after the economic crash a decade ago in view of the rising petrol and diesel prices; and if he will make a statement on the matter. [26949/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The financial crisis brought about increases to fuel excise duties to raise badly needed revenues in the face of a decreasing tax yield. However, excise duties applying to petrol and diesel have remained static since 2012. 

The table below shows how Irish fuel excise duties ranks in EU terms over the last decade.

Year

Petrol

Diesel

2008

12th

9th

2009

11th

3rd

2010

11th

4th

2011

10th

4th

2012

11th

4th

2013

11th

4th

2014

11th

5th

2015

12th

6th

2016

12th

7th

2017

11th

7th

2018

12th

10th

Source: EU Commission Excise Duty Tables

Excise on diesel in Ireland was the 3rd most expensive in the EU in 2009 and, arising from the fact that there have been no increases since 2012, is now the 10th most expensive. Similarly, many Member States apply higher excise duties on unleaded petrol than Ireland.

It is the long standing practice of the Minister for Finance not to comment on measures which may or may not be included in the upcoming budget.