The carbon tax levy will add €1.28 to an average fill of petrol and €1.48 to a fill of diesel from Wednesday next week

Price of petrol, diesel and home heating fuels to go up

01 Oct 2024, 14:54 · RTE.ie

The rate of carbon tax levied on fossil fuels will increase by €7.50 to €63.50 per tonne of carbon dioxide emissions as part of measures announced in Budget 2025.

It will add €1.28 to an average fill of petrol and €1.48 to a fill of diesel from Wednesday next week.

From May next year, it will add €0.89 to a 40kg bag of coal, €19.40 for 900 litres of home heating oil and €16.86 to a typical annual gas bill.

The installation of EV charges by employers at their workers' homes is to be exempted from Benefit in Kind Tax.

The rate of VAT for heat pumps is to decrease from 23% to 9%.

A €99 million financing package will allow the Port of Cork to develop the port infrastructure needed to support the construction of offshore wind farms.

Vehicle Registration Tax rate on low emissions smaller goods vehicles is being cut to 8% from 13.3%.

Electric commercial vehicles will qualify for the very low €200 rate of Vehicle Registration Tax.