Dáil Éireann Debate, Tuesday - 21 April 2026
444. Deputy Eoin Hayes asked the Tánaiste and Minister for Finance the estimated revenues yielded from the taxes adjusted by the Dáil in Financial Resolutions 1, 2, and 3 recently, as in the resolutions for all years to 2025; and the projections from his Department from years 2026 onwards, in tabular form. [28635/26]
Amharc ar fhreagraI am advised by Revenue that the receipts collected, since 2021, for Mineral Oil Tax (MOT), Solid Fuel Carbon Tax (SFCT) and Natural Gas Carbon Tax are shown in the table below.
I am further advised by Revenue that a breakdown of excise receipts for 2024 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.
|
Year |
MOT Non-Carbon Component €m |
MOT Carbon Component €m |
Total MOT €m |
SFCT €m |
NGCT €m |
Total €m |
|
2026* |
488.5 |
285.9 |
774.4 |
7.1 |
47.5 |
829.0 |
|
2025** |
2,089.2 |
1,019.5 |
3,108.7 |
18.9 |
137.6 |
3,265.2 |
|
2024 |
1,968.3 |
920.8 |
2,889.1 |
21.5 |
125.2 |
3,035.8 |
|
2023 |
1,566.9 |
808.3 |
2,375.2 |
19.2 |
107.2 |
2,501.6 |
|
2022 |
1,550.7 |
670.2 |
2,220.9 |
25.9 |
94.5 |
2,341.3 |
|
2021 |
1,926.1 |
541.1 |
2,467.2 |
27.9 |
83.3 |
2,578.4 |
* To End March 2026 provisional
**provisional
As the Deputy will be aware, schemes such as the VAT deduction scheme, the double income tax relief scheme and the Diesel Rebate Scheme mean that a significant portion of revenue raised from taxation of fuels is repaid to economic operators who are availing of these schemes.
Looking forward, in July 2025, my Department published updated Carbon Tax Projected Exchequer Revenue Estimates (2013-2030) as part of the Tax Strategy Group paper on Energy, Environmental and Vehicle Tax. The updated carbon tax projected revenue estimates section of the paper examines how domestic climate change policies are expected to impact carbon tax yields, as our economy transitions to a low carbon economy in line with most recent climate action plan measures. This scenario analyses maps and links forward projected estimates of energy use and expected fuel requirements from the Sustainable Energy Authority of Ireland (SEAI) to carbon tax rates and exchequer net carbon tax receipts to examine the potential impact of the implementation of the Climate Action Plan actions between 2025 and 2030 based on the SEAI and the Environmental Protection Agency (EPA) ‘With Additional Measure’ (WAM) scenario and ‘With Existing Measure’ (WEM) scenario analysis. This paper is available on my Department's website: https://assets.gov.ie/static/documents/TSG_25-10_Energy_Environmental_and_Vehicle_Tax_UPD.pdf
As the Deputy will be aware, the Government has decided to defer the increase in carbon tax which was due to place on 1 May 2026 until 14 October 2026. The estimated cost of this deferral is approximately €22 million. The revenue projections in the Tax Strategy Group paper predate this decision.
