Ireland will have highest diesel taxes in EU after Budget 2025, says industry group

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 98%

Carbon-Tax News

Department-Of-Finance,Department-Of-The-Environment-Climate-And-Communic,Applegreen

Cost of increases will fall on people in border region, says Fuels for Ireland, due to differential in prices between Republic and Northern Ireland

Kevin McPartlan, chief executive of Fuels for Ireland, said: 'we need to address the significant impact these changes will have.' Photograph: BloombergThe industry group, which represents Irish fossil fuel importers and distributors, has called on the Government to establish an expert group on taxation to examine the impact of fuel tax increases on the wider economy.

Fuels for Ireland said the Government should establish an expert group on taxation, bringing together a “diverse range of stakeholders”, to develop a “balanced fiscal strategy”. “This escalation will exacerbate the already challenging conditions for businesses, particularly in Border regions, and significantly increase costs for consumers. Immediate action is required from the Government to establish an expert group on taxation to develop a well-balanced fiscal policy that addresses these pressing issues and alleviates the economic strain on all stakeholders.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines