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Tax Yield

Dáil Éireann Debate, Tuesday - 13 June 2023

Tuesday, 13 June 2023

Questions (362)

Peadar Tóibín

Question:

362. Deputy Peadar Tóibín asked the Minister for Finance the amount that has been collected in the NORA levy, excise duty, carbon tax, and VAT on fuel in the past five years, in tabular form. [27391/23]

View answer

Written answers

I am advised by Revenue that a breakdown of excise receipts for 2021 and prior years is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/excise/receipts-volume-and-price/excise-receipts-commodity.aspx

In relation to VAT, I am further advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide the VAT yield on all fuel and energy related products and services using taxpayer information alone. However, using Revenue and third-party data sources, a tentative estimate of the VAT generated can be provided.

The total excise tax receipts for Mineral Oil Tax (MOT) and the estimated VAT receipts in respect of fuel for the past five years and the year to date are provided in the table below.

Revenue does not hold data relating to the NORA levy which is administered by the National Oil Reserves Agency.

Year

MOTNon-Carbon Component

MOT Carbon Component

Estimated VAT

Total

€m

€m

€m

€m

2023*

565

326

274**

1,165

2022

1,551

670

921

3,142

2021

1,926

541

685

3,152

2020

1,815

405

561

2,781

2019

2,164

360

689

3,213

2018

2,163

356

714

3,233

* Provisional YTD May receipts

** VAT 2023 is estimated to end of April 2023

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