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Fuel Excise Duty Cuts Set to Be Phased Out From November
- On Thursday, Cabinet ministers approved extending excise cuts on petrol and diesel until November 1, 2026, avoiding scheduled price increases for households and businesses facing elevated energy costs.
- Rising oil prices driven by Middle East conflict forced the Government to reverse September plans to phase out excise cuts; officials sought to prevent diesel prices from exceeding €2 per litre.
- The Dáil will meet Friday to approve the measure, which restores excise rates in four stages through February 28, 2027, at an expected cost of €430 million to the Exchequer.
- Sinn Féin Finance Spokesperson Pearse Doherty denounced the plan as an 'unprecedented move,' accusing the Government of timing the Dáil recall to avoid political scrutiny during summer recess.
- Fuels Ireland CEO Kevin McPartlan repeated calls for ending the current 'ad hoc approach' to fuel taxation, arguing the State needs a more sustainable long-term strategy for compliance costs.
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Petrol and diesel tax cuts extended until February
Cuts to taxes on petrol and diesel are to be extended until February as the Government moves to ease pressure on motorists facing high fuel costs. The temporary excise reductions had been due to begin being reversed in September, but that process has now been delayed. Instead, the current reductions will remain in place until […]
Fuel excise cuts set to be extended until February as Government accused of postponing issue
Sinn Féin’s Finance Spokesperson Pearse Doherty said that it was “just not acceptable” for the government to consider putting off an increase in fuel costs until November or February.
·Ireland
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Total News Sources13
Leaning Left4Leaning Right1Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
12%
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