address the impact of the energy crisis. There are many policy options available to the Government in this toolbox such as a windfall tax on energy profits, price controls, energy vouchers, social tariffs and income support schemes for households.
People know there is a massive surplus. Why? Because … Government to responsibly do a mini-budget now to provide real relief for PAYE workers. It could reverse the VAT cuts, introduce a windfall tax on energy companies and use the money for targeted energy credits of €400 for average income households. It could introduce the income tax
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10 in debates · 5 in questions
In debates
choosing between heating and eating.
The EU has explicitly relaxed State aid rules, allowing targeted price interventions, income supports, tax incentives and even windfall taxes on excess energy profits, yet the Government’s approach is timid. There is no serious push for windfall taxation, no targeted price intervention
Government that can find €750 million for sectoral supports while telling households to tighten their belts. They hear the Government's talk of tax breaks on wealth while they struggle to find the money to cover food and heating costs at the end of the month. That … name, why not bring forward a coherent package?
Why not take the options that we have proposed, such as a windfall tax on excess energy profits of big companies; a renewables revolution to end reliance on fossil fuels; targeted energy credits for working households; and indexation of tax
taken have been outlined during this debate. Germany, Italy, Spain, Portugal and Austria have made a call for a joint EU windfall tax, the funds from which could be used to ease pressure on consumers in the face of high energy prices. They also say it would send
fuel allowance have been left out. The price of diesel has gone up by 70 cent. Five EU states are calling for a windfall tax to be put on the wholesale price and for that tax to be used, namely, Germany, Italy, Spain, Portugal and Austria. Where
facility to states to have a windfall levy on the taxes of fossil fuel companies. Let us do that in Ireland. Tax these windfall profits further but let us also accelerate away from our dependence on fossil fuels. Today is Earth Day. There is no better
That reduction did not happen by accident. It happened because successive Governments, including this one, have run structural primary surpluses, have treated windfall corporate tax receipts as temporary rather than permanent revenue and have made deliberate decisions to sterilise those receipts into long-term saving funds. Our positive
about the overall picture. There is only a set amount of revenue. The pharmaceutical industry and IT windfall is not going to last forever so the Government needs a broad tax base, despite what is said by some of the self-appointed leaders. Some of the misogynistic, criminally
That is why. It is not a sustainable economic policy to abolish that tax and increase public spending. We know where that will get us.
There are legitimate conversations we can have around windfall receipts and surpluses and around how to deploy them but the Deputy
introduction of a cost-of-living mini-budget to index income tax bands and credits in 2026, backdated to January just like the others, alongside targeted energy credits and other supports funded by a levy on windfall energy profits and reversing the hospitality VAT cut. It calls
In parliamentary questions
Roderic O'Gorman
Written
asked the Minister for Climate, Energy and the Environment if he will join with Austria, Germany, Italy, Portugal and Spain to seek a windfall tax on inflated profits of energy companies, similar to 2022 after Russia's invasion of Ukraine; and if he will make a statement
Ged Nash
Written
Deputy Ged Nash asked the Tánaiste and Minister for Finance the projected yield from a windfall tax on energy profits, modelled on the same basis as the temporary solidarity contribution in 2022 and 2023, if applied to profits in 2025 and projected profits
Ged Nash
Written
Deputy Ged Nash asked the Tánaiste and Minister for Finance the projected yield from a windfall tax on energy profits for 2024, 2025 and 2026, respectively, if the corporation tax rate were increased to either 25% or 50%; the estimated yield, if a 25% levy were placed
Pearse Doherty
Written
Deputy Pearse Doherty asked the Tánaiste and Minister for Finance if he will impose a windfall tax on energy companies, similar to the temporary solidarity tax imposed during the initial invasion of Ukraine in 2022, in order to ensure that unjustified profits are not made on the recent
Peadar Tóibín
Written
total tax revenue collected by the State from mineral oil tax, carbon tax and VAT on petrol and diesel in the first quarter of 2026; if his Department has calculated the weekly windfall to the Exchequer resulting from the recent surge in fuel prices to €2 per litre
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