I move:
(1) THAT for the purposes of the tax charged by virtue of section 78 of the Finance Act 2010 (No. 5 of 2010), that Act be amended, with effect as on and from 15 April 2026, by the substitution of the following for Schedule 1 to that Act (as amended by section 29(b) of the Finance Act 2020 (No. 26 of 2020)):
"SCHEDULE 1
RATES OF SOLID FUEL CARBON TAX
|
With effect as and from (1) |
|
Description of Solid Fuel Rate of Tax per tonne |
|
|
|
|
Coal |
Peat Briquettes |
Milled Peat |
Other Peat |
|
1 May 2021 |
€88.23 |
€61.42 |
€30.44 |
€45.65 |
|
1 May 2022 |
€107.98 |
€75.17 |
€37.25 |
€55.87 |
|
1 May 2023 |
€127.74 |
€88.93 |
€44.07 |
€66.10 |
|
1 May 2024 |
€147.49 |
€102.68 |
€50.88 |
€76.32 |
|
1 May 2025 |
€167.24 |
€116.43 |
€57.70 |
€86.54 |
|
14 October 2026 |
€187.00 |
€130.18 |
€64.52 |
€96.76 |
|
1 May 2027 |
€206.75 |
€143.94 |
€71.33 |
€106.98 |
|
1 May 2028 |
€226.51 |
€157.69 |
€78.15 |
€117.21 |
|
1 May 2029 |
€246.26 |
€171.44 |
€84.96 |
€127.43 |
|
1 May 2030 |
€263.38 |
€183.36 |
€90.87 |
€136.29 |
".
(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).