Calls on Government to postpone August excise duty hike

News News

Calls on Government to postpone August excise duty hike
Business
  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 61%

Renewed calls have been made on the Government to postpone the next scheduled increase in excise duty on fuel which is due to kick in at the start of next month.

The representative group for fuel providers, Fuels for Ireland, claims that, with the Dáil going into recess this week, the Minister for Finance has only days to take action to prevent what it calls an additional financial burden on consumers.

Duty was reduced by 20 cent per litre for petrol and by 15 cent per litre for diesel in the summer of 2022 in response to the inflationary surge that resulted from the Russian invasion of Ukraine. The planned increase on August 1st would see an extra 4 cent being added to the petrol price while diesel would go up by an additional 3 cent per litre.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

RTEbusiness /  🏆 16. in İE

Business

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rose of Tralee Escorts sent to bootcamp with firemen ahead of festivalRose of Tralee Escorts sent to bootcamp with firemen ahead of festivalThe Rose of Tralee kicks off August 16 until August 20
Read more »

Government TD calls for review of 'scandalous' anomaly involving TDs' expensesGovernment TD calls for review of 'scandalous' anomaly involving TDs' expensesFine Gael's Alan Farrell wrote to the Oireachtas Commission regarding a discrepancy that sees some politicians in the same constituency paid €16,000 more in expenses than others
Read more »

Motor insurance continues to soar, prompting calls for government interventionMotor insurance continues to soar, prompting calls for government interventionInsurance firms were recently instructed to pass on savings to consumers and businesses by Government ministers
Read more »

Parents to receive August Child Benefit payment early due to date changeParents to receive August Child Benefit payment early due to date changeThose in receipt of Child Benefit are set to receive their August payment a few days earlier than expected as a result of a schedule shake-up
Read more »

Samsung’s profit surges after AI propels recovery in chipsSamsung’s profit surges after AI propels recovery in chipsKorean giant latest to ride AI wave to renewed success
Read more »

Gaza and the Occupied Territories BillGaza and the Occupied Territories BillRenewed energy is clearly needed in the push for a permanent ceasefire
Read more »



Render Time: 2025-02-12 21:22:16