Dáil Éireann Debate, Tuesday - 22 March 2022
229. Deputy Sorca Clarke asked the Minister for Finance the steps that are being taken to ensure that the rapid increase of the cost of fuel does not impact on the service delivery of emergency services and community-based care providers; and if he will make a statement on the matter. [13964/22]
Amharc ar fhreagraIreland applies excise duty, in the form of Mineral Oil Tax (MOT) to specified mineral oils, such as petrol, diesel, and kerosene. MOT is comprised of a carbon component and a non-carbon component. The carbon component is commonly referred to as carbon tax. The non-carbon component is often referred to as “excise” or “fuel duty” but it is important to note that both components of MOT are excise.
In response to the current fuel crisis I introduced cuts, effective from March 10, to MOT applying to petrol, diesel and Marked Gas Oil (green diesel). These cuts of 20c, 15c and 2c per litre inclusive of VAT will remain in place until the end of August this year.
