Saturday 3 December 2016

Fuel, a pint and the bottle of wine left untouched

Published 12/10/2016 | 02:30

Alcohol was also left untouched with the price of a pint or bottle of wine staying the same
Alcohol was also left untouched with the price of a pint or bottle of wine staying the same

The old reliables are often the first port of call for many checking how the Budget affects them - and two out of three remained untouched.

  • Go To

No further taxation has been added to fuel as the Government looked to Brexit-proof the economy by keeping transport costs down.

Alcohol was also left untouched with the price of a pint or bottle of wine staying the same.

Communications and Energy Minister Denis Naughten said people's fuel usage was taken into consid-eration to maintain the levies on petrol and diesel.

He said that changes to VRT and motor taxes are more progressive forms of bringing about environmental change.

"We are putting seed money aside within the SEAI (Sustainable Energy Authority of Ireland) to look at behavioural change and what steps we can take that have an impact.

"One of the things that came up from talking to my colleagues at the OECD is that fuel takes do not lead to changes in the use of fuel because people believe they need to use fuel anyway," he said.

"However, changes to VRT and motor tax tend to promote the use of less harmful vehicles.

"We will be working to see how we can tweek these to drive that change."

Irish Independent

Read More

Promoted articles

Editors Choice

Also in Business