Oil-fuelled inflation not beyond our control

A FREQUENT observation from commentators in response to the latest inflation figures is that the impact of fuel cost rises is outside the control of the Government.

The Revenue website indicates that in addition to 21% VAT on diesel and petrol, there are also excise taxes of 36.8% on diesel, 44.27% on unleaded petrol and 54.7% on supergrade unleaded petrol.

A motoring organisation might be able to comment in more detail.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Revoiced

Newsletter

Had a busy week? Sign up for some of the best reads from the week gone by. Selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited