Peadar Tóibín
Question:83. Deputy Peadar Tóibín asked the Minister for Finance the amount collected in VAT on energy bills in each of the past ten years and to date in 2024, in tabular form. [41852/24]
View answerWednesday, 16 October 2024
Questions (83)
Written answers
I am informed by Revenue that traders are not required to separately identify the VAT from specific goods and services on their periodic VAT returns. Therefore, it is not possible to provide the VAT yield on all energy related products and services using taxpayer information alone. However, using Revenue data and third party sources, a tentative estimate of VAT received on energy bills is as follows:
|
Year |
Total VAT |
|
2014 |
€493 |
|
2015 |
€531 |
|
2016 |
€514 |
|
2017 |
€514 |
|
2018 |
€573 |
|
2019 |
€526 |
|
2020 |
€573 |
|
2021 |
€689 |
|
2022 |
€688 |
|
2023 |
€826 |
|
2024 YTD (August) |
€397 |