Dáil Éireann - Volume 649 - 11 March, 2008

Written Answers. - Tax Yield.

Deputy Kathleen Lynch asked the Tánaiste and Minister for Finance the amount of excise duty and VAT which has been received on home heating oil for the past three years in which figures are available; and if he will make a statement on the matter. [10548/08]

  Deputy Brian Cowen: I am informed by the Revenue Commissioners that the information available for home heating oil refers to the consumption of Kerosene and Marked Gas Oil. As Marked Gas Oil is also used for Industrial and Commercial Heating, agricultural use and transport, it is not possible to accurately state what portion of the total usage of Marked Gas Oil is used solely for home heating purposes. The tax revenue collected from Mineral Oil Tax and VAT on marked gas oil and kerosene for the years 2005 to 2007 is as follows.

[892]

Yield from Mineral Oil Tax (Excise)

2005

2006

2007 (provisional)

€m

€m

€m

Marked Gas Oil (a)

72.9

68.8

68.4

Kerosene (b)

33.7

18.0

0.0

VAT estimated yield from marked gas oil and kerosene

2005

2006

2007 (provisional)

€m

€m

€m

Marked Gas Oil (a)

65.09

72.62

70.00

Kerosene

68.94

78.57

77.13

The VAT yield is estimated, as the information to be furnished on VAT returns does not require the yield from particular sectors of trade to be identified. The VAT content of Marked Gas Oil purchases is a deductible credit for business in the Irish VAT system.

(a) Yield shown is in respect of all Marked Gas Oil and not just that used for home heating.

(b) The Mineral Oil Tax on kerosene was reduced by 50% in 2006 and reduced to zero in 2007.