Government indicates it will end cut on fuel excise duty and reduced Vat for hospitality

Green Party leader Eamon Ryan made clear the basis for the cuts in taxes were not tenable any more, given the decreases in prices in fuel in recent weeks

The energy credit for households, a reduced 9% Vat rate on electricity and gas, reduction in excise duty on petrol and home heating oil are some of the cost-of-living measures introduced by the Government last year that are due to terminate at the end of February

The Government has given its strongest indication it will end its cut on fuel excise duty and Vat reductions on hospitality will come to an end in the coming weeks.

Green Party leader Eamon Ryan said because of a warmer than expected winter and a reduction in gas prices, the Government must look at “restoring our tax base”.