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.

Oil-fuelled inflation not beyond our control

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.

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