Minister Donohoe announces temporary reduction in excise duty on fuels

10 March 2022

Minister for Finance, Paschal Donohoe TD, announced a temporary reduction in the excise duties charged on petrol, diesel and marked gas oil. An incorporeal Cabinet meeting was held yesterday morning and the Government gave approval to the proposal.

Excise duty will reduce by 20 cent per litre of petrol and 15 cent per litre of diesel. There will also be a reduction of 2 cent in the excise duty charged on marked gas oil. These reductions took effect from midnight last night and will remain in place until the 31st of August 2022.