Revenue rules ‘threaten rural fuel retailers’

Rural fuel retailers are being forced out of business by a range of stringent new licenses being introduced by Revenue to clamp down on illegal fuel.

The Convenience Stores and Newsagents Association has warned that 300 of their members will be pushed to the brink by the introduction of the new marked fuel traders licence and auto-fuel traders licence which will cost €250 each.

As well as the licenses, fuel retailers will be required to submit a mandatory monthly online return of oil movements. The return will include opening and closing stock balances, details of all oil purchases, and all sales for the licensed products.