ICMSA seeks action on fuel prices

The ICMSA has called on the Government to immediately reduce the current rate of excise duty and VAT on fuel prices.

Tax Committee chairperson Eamonn Halpin said farmers, industry and consumers in Ireland are suffering from the oil price rise.

A reduction in Ireland’s disproportionately high levels of excise duty and VAT on fuel is a solution which the Government has control over, he said.