Energy VAT cut will not include heating oil, solid fuel

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Reductions in the VAT charged on gas and electricity, to be announced tomorrow, will 'more than make up for' the extra cost of planned increases in the carbon tax, the Taoiseach has said | Read more:

The three coalition party leaders last night discussed plans to use domestic legislation to reduce the VAT rate on energy from 13.5% to 9%.

In a statement to RTÉ News last night, the Department of Finance said that Minister Paschal Donohoe"outlined taxation measures for consideration by the party leaders. Further work will now take place in advance of a Cabinet meeting". Speaking at Government Buildings, Mr Varadkar said EU flexibility has been secured to temporarily reduce VAT on gas and electricity, but not other fuel types.

 

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Why can standing charges not be abolished? What do they actually do?

In May you pay more that’s it simply

Need to lift the ban on LNG gas storage and gas exploration... Ban was made in days of cheap available gas in pipeline from the UK... For all we know UK is sending us fracked American gas now.

Good

But all the people that have oil ignored & not even acknowledged as if we didn't exist.

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