Dáil Éireann Debate, Tuesday - 26 May 2026
466. Deputy Paul Lawless asked the Tánaiste and Minister for Finance the amount the Government is projected to take in via the various taxes on fuel and energy in 2026; and the corresponding figure for each of the past ten years. [39399/26]
Amharc ar fhreagraI am advised by Revenue that total receipts from Mineral Oil Tax (MOT), Solid Fuel Carbon Tax (SFCT), Natural Gas Carbon Tax (NGCT) and Electricity Tax, together with an estimate of VAT receipts from fuel and energy products, for the year to April 2026 and in each of the past ten years is shown in the below table.
|
Year |
MOT €m |
SFCT €m |
NGCT €m |
Electricity Tax €m |
Estimated VAT €m |
Total €m |
|
2026 |
1,031.4 |
10.3 |
75.5 |
3.6 |
386 * |
1,507 |
|
2025 |
3,108.7 |
18.9 |
137.6 |
5.2 |
1,434 |
4,704 |
|
2024 |
2,889.1 |
21.5 |
125.2 |
5.4 |
1,474 |
4,515 |
|
2023 |
2,375.2 |
19.2 |
107.2 |
4.2 |
1,510 |
4,016 |
|
2022 |
2,220.9 |
25.9 |
94.5 |
3.5 |
1,566 |
3,911 |
|
2021 |
2,467.2 |
27.9 |
83.3 |
5.2 |
1,209 |
3,793 |
|
2020 |
2,219.8 |
23.8 |
65.0 |
2.1 |
1,038 |
3,349 |
|
2019 |
2,524.3 |
20.1 |
50.4 |
2.3 |
1,162 |
3,759 |
|
2018 |
2,519.1 |
25.3 |
50.0 |
2.5 |
1,193 |
3,790 |
|
2017 |
2,408.4 |
19.1 |
54.1 |
3.6 |
1,131 |
3,616 |
|
2016 |
2,518.5 |
24.4 |
55.8 |
4.6 |
1,113 |
3,716 |
* VAT is for the period January to March 2026
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 on fuel and energy products can be provided.
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.
My Department does not publish disaggregated projections for taxes on fuel and energy in the manner requested by the Deputy. Annual forecasts are produced for the Exchequer tax heads: specifically, taxes on fuel and energy are reflected in excise duties and VAT receipts.
My Department’s projections for 2026 for excise duties and VAT, published in the Annual Progress Report, are €6,230 million and €23,645 million respectively. These are headline figures, reflecting excise and VAT charged on all in-scope goods and services, not just fuel or energy.
It should also be noted that Revenue data is presented on a ‘net receipts’ basis, which can differ from Exchequer receipts.
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.
