Dáil Éireann Debate, Thursday - 7 April 2022
241. Deputy Matt Carthy asked the Minister for Finance the estimated cost of reducing the non-carbon component on mineral oil tax on gas oil regarding motor fuel for agricultural, horticultural or piscicultural works and in forestry to 0% until the end of August 2022; and if he will make a statement on the matter. [19009/22]
Amharc ar fhreagraI am advised by Revenue that it is not possible to identify the volume of Marked Gas Oil (MGO) consumption in specific sectors of the economy. As such, Revenue cannot provide the cost for the proposed measure to reduce the non-carbon component rate on MGO to zero in respect of its use in agricultural, horticultural or piscicultural works and in forestry until the end of August 2022.
It is also important to note that Ireland’s taxation of fuel is governed by European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. The current ETD minimum in respect of MGO for commercial and industrial use is €21 per 1,000 litres. The current rate of Mineral Oil Tax on MGO is €120.55 per 1,000 litres; comprised of a non-carbon component of €29.74 and a carbon component of €90.81.
