Dáil Éireann Debate, Thursday - 18 November 2021
164. Deputy Michael Ring asked the Minister for Finance the total tax take by his Department on petrol sales for February 2021 compared to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56596/21]
Amharc ar fhreagra165. Deputy Michael Ring asked the Minister for Finance the total tax take on sales of diesel for February 2021; the way this figure compares this to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56599/21]
Amharc ar fhreagra166. Deputy Michael Ring asked the Minister for Finance the total tax take on sales of LPG for February 2021; the way this figure compares to the total tax take for this product for October 2021; and if he will make a statement on the matter. [56602/21]
Amharc ar fhreagraI propose to take Questions Nos. 164, 165 and 166 together.
I am advised by Revenue that the table below shows the provisional breakdown of tax receipts for petrol, diesel and Auto-LPG for the months of February and October 2021. As a significant proportion of VAT collected on diesel sales is refunded to VAT registered businesses, the table provides for the net (VAT) receipts based on estimated volumes and price. It should be noted that there was a significant increase in volumes consumed during that time frame, likely due to the easing of Covid-19 restrictions.
|
Period |
Tax |
Petrol €m |
Diesel €m |
Auto-LPG €m |
|
Feb-21 |
Mineral Oil Tax (Non -Carbon Charge) |
20.72 |
83.30 |
0.01 |
|
|
Carbon |
2.82 |
16.60 |
0.00 |
|
|
VAT |
10.52 |
12.58 |
0.03 |
|
|
Total Tax February |
34.06 |
112.48 |
0.04 |
|
Oct-21 |
Mineral Oil Tax (Non-Carbon Charge) |
43.14 |
130.71 |
0.01 |
|
|
Carbon |
5.88 |
26.04 |
0.00 |
|
|
VAT |
28.72 |
25.87 |
0.03 |
|
|
Total Tax October |
77.73 |
182.62 |
0.05 |
It should be noted that there has been no increase in the rate of Mineral Oil Tax (non-carbon charge) between February and October. The increase in the revenue yielded arises as a result of an increase in volumes consumed, likely due to the easing of Covid-19 restrictions during that time frame.
The following table shows the provisional volumes for petrol, diesel and Auto-LPG. As the receipts for February and October are on foot of returns made in respect of the previous month, the volumes shown relate to January and September.
Volume in Kilolitres (Provisional)
|
Month |
Petrol |
Diesel |
Auto-LPG |
|
Jan-21 |
38,130 |
197,307 |
148 |
|
Sep-21 |
79,876 |
310,449 |
177 |
