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withdrew all cost-of-living supports this year, leaving families as much as €1,400 worse off. The Government must now introduce a windfall profits tax on energy companies and price caps on petrol, diesel, home heating oil, electricity and gas to support families with the cost … last year, and 500,000 households are in arrears on their electricity and gas bills. In 2023 the Government introduced a windfall profits tax on energy companies and a cap on market revenue which brought in €456 million. The same should happen now. Energy companies are making huge

Carbon tax must be removed from home heating oil and VAT should be reduced from 13.5% to 9%. Oil companies are making obscene windfall profits and they must be subject to a windfall profit tax. The eight largest oil companies have made $93 billion in profit in three … must, as a minimum, reduce the cost of home heating oil by removing the carbon tax and reducing the VAT rate, introduce a windfall profits tax, make data centres pay the same electricity rates as households, pay a €500 energy credit to households, introduce a second tier

people. As we speak, a whopping 440,000 households around the country are in arrears. The previous Government introduced a tax on windfall profits. A total of €189 million was collected, but it is just sitting there. It was supposed to have been used to reduce energy costs … Government has not acted. When will the Minister get around to using the windfall profits to reduce costs? Will he reintroduce the tax on windfall profits that has lapsed

measures at the start of Russia's brutal illegal invasion of Ukraine. We will continue to work on how best to deal with windfall profits. I share the Deputy's analysis of the situation on the windfall profits and how we best deal with that. We will continue

only €814 million last year, which was way down from €1.55 billion the year before. Its energy section, Bord Gáis Energy, made profits of €72.5 million. They are the ones increasing their bills. We know all about the geopolitical conflict and all of that, but the Government … such as not increasing, or removing, the carbon tax on home heating oil in particular and dealing with other energy credits. With the windfall profits they are making, there should be extra charges and an extra tax on those windfall profits

families surveyed had fallen into energy bill arrears at some point during the previous year. We can talk all day about windfall profits, but there are disabled people in Ireland going without heat because they cannot afford the bill. According to the Disability Federation of Ireland, almost … energy use without damaging their health and quality of life. We in Independent Ireland have consistently argued that when energy companies make exceptional windfall profits during a crisis, those gains should be returned to the people struggling to pay their bills. Ireland has used a windfall contribution

apartments, the prices are locked in. Those purchasing them - approved housing bodies or whomever - have already agreed a price. This will create a windfall profit for developers, and that money will go straight into their back pockets. There is no need for a resolution like this … activation, however, it should have been designed differently. This measure that will be voted through shortly by Government will give some individuals a windfall profit that will go into their back pockets, with no good policy outcome for the public. In fact, it is costing us in terms

falling into debt. Meanwhile, energy companies continue to rake in profits on a scale that many ordinary people cannot even comprehend. These are windfall profits driven by war, international instability and global energy shocks. Profits are generated because families have no choice but to pay to heat their … paying the price for that choice every single day. Sinn Féin would make a different choice. We would introduce a 75% windfall tax on excess profits and reintroduce energy credits to provide immediate support in the short term to households. We would reform the energy market to hold

combined €456 million; and — the Minister for Finance, has suggested that the State should wait for a joint EU approach to windfall taxes on the excess profits of energy companies, but Portugal has already moved ahead and introduced its own windfall tax; and calls on the Government … Social Democrats are calling for action now, rather than at some undefined point in the future. We are proposing that excess windfall profits be taxed and that the proceeds be returned directly to households through a targeted €400 energy credit for low- and middle-income families. The previous

time that the Government stopped hand wringing and actually did something about it. A windfall tax on the superprofits of energy companies needs to be introduced now to stop this immoral profiteering. This is money that could be used to provide support for those who need it most … this Government instead of the usual tinkering around the edges. Does the Tánaiste agree that it is immoral for energy companies to make windfall profits during an energy crisis? Will the Government introduce a windfall tax on their superprofits

very straightforward questions. I asked him to give his view as to whether it is immoral for energy companies to be booking record windfall profits off the backs of people who are struggling with the energy crisis. Does he think that is immoral? Does he have any view … good. Households are struggling now. We have put forward a proposal for a windfall tax, the aim of which is to reduce energy bills because companies could no longer pocket and keep excess profits under the proposal. That would create an incentive for them to reduce energy prices

energy company is illegitimate. ESB has an enormous programme of infrastructure investment ahead of it, which is essential to the transition. Windfall profits are different. The Government already accepted that principle. In 2023, it introduced a solidarity contribution on exceptional fossil fuel profits … particularly when the ESB reported €445.6 million in pre-tax profit for the first six months of this year, with its chief executive salary being increased to €410,000. This motion proposes using revenue from renewed windfall measures to provide a targeted €400 credit to households earning

this. The European Commissioner for energy, however, has said very clearly that the EU is not planning any EU-wide tax on windfall profits and actually said yesterday that the Commission will help countries to develop schemes themselves. What is the Government doing here? Who is it kidding

rise by even more. The price of diesel and kerosene will rise further and it is oil and energy companies that are profiting massively off the crisis caused by Trump. Why is the Government not taking a comprehensive approach to energy affordability? The impact of higher oil prices … Tánaiste. They gathered in Dublin. Six of them wrote to the Tánaiste a number of weeks ago in relation to taxing the windfall profits of power companies. A week on, where does the Government actually stand? I know what the Tánaiste said earlier but will this happen

just baffling. There is a perception that this Government continues to pick the wrong side, namely, the side of big business, profits and greed, all at the expense of the taxpayer. The merits of the motion are clear and simple and would do untold good for the hundreds … around the shop with a calculator in their hands, desperately concerned about going over budget while international supermarket chains lap up windfall profits. If the Government picked the side of those people and chose to do good instead of waiting, this proposal would be considered

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

retail prices remaining up to three times that of wholesale prices. While the CRU has found no evidence of market failure or windfall profits in the retail sector in its market monitoring role, the IEA findings underline the importance of progressing the programme for Government commitment to commission

factored, to some extent, by the hedging position of the companies concerned. While the CRU has found no evidence of market failure or windfall profits in the retail sector in its market monitoring role, the IEA findings underline the importance of progressing the programme for Government commitment

making enormous profits while pensioners go cold. Instead of allowing this blatant and scandalous profiteering, the Government could introduce a windfall tax on their excess profits. The Taoiseach could take a stand by telling energy companies the burden of paying for these costs will not be borne … would appreciate straightforward answers. Does the Taoiseach agree that it is immoral for these companies to be making such eye-watering profits? Will he introduce a windfall tax on their excess profits

many of us in the Opposition fought tooth and nail to make the case to the Government for the introduction of windfall taxes on the supernormal profits of energy companies. Finally, the Government moved, at a glacial pace, to the Opposition's position. The net result of that … that, to wean people off carbon and ensure we have a secure energy supply. In the meantime, we need a windfall tax on the profits of energy companies. The discourse on this is extremely slow. Looking at the Government, you would not think this is a crisis

multibillionaire data centre companies have to pay. Energy company profits are through the roof and yet the Government refuses to introduce a windfall tax. Profiteering and price gouging must not continue to go unchecked, and energy companies must be held to account. Just like in the aftermath

reductions and use the savings to provide for indexation of income tax bands and credits, backdated to January 2026; — introduce a windfall tax on energy profits to fund targeted energy credits and social welfare supports, including a summer bonus double payment; — provide a one-off €100 grocery supplement … these measures to help working families to make ends meet. The increased revenue will be drawn from a windfall tax on energy companies, which seem enjoy record profits every time there is an oil crisis. The rest of the money will come from a reversal

profits in 2026. These profits are coming straight out of the pockets of the public who are paying higher prices. These are windfall, unearned war profits. They must be subject to a significant windfall tax. That tax can be used to offset the huge cost to ordinary workers

February 2022 and the energy crisis that followed, the Labour Party was the first party to call for a windfall tax on the gross and excessive profits that were being made by energy companies. It took the Government a year and a half … Before the Government gives out that we only ever want to spend, spend, spend, the credits would be funded by the windfall tax on energy company profits and the other measures that my colleagues have outlined. The Government cannot dither on this again. I hope the Minister

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 on the Government to commit to ending age-based pay discrimination and the poverty wages

Finance the action he will take in light of the AccelerateEU communication where the European Commission confirmed that member states can tax windfall profits of energy companies to ensure social fairness; and if he will make a statement on the matter. [33798/26

Deputy Cormac Devlin asked the Minister for Finance if he will consider introducing a special tax levy on windfall profits accruing to private IPAS centre contracts/operators; and if he will make a statement on the matter. [51445/25

Deputy Pearse Doherty asked the Tánaiste and Minister for Finance if he will consider applying a 75% windfall tax on the profits of energy companies, including electricity companies. [68614/26

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 on the matter

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

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

asked the Tánaiste and Minister for Finance if the Government supports the introduction of additional EU wide windfall taxes on oil and petroleum companies which have recorded significantly increased profits during the ongoing international energy crisis; if Ireland is participating in, or supporting, discussions at EU level

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 spike in international gas prices

Department has assessed the extent to which increased profits among major oil and petroleum companies during the current energy crisis are contributing to higher consumer energy and fuel costs; if consideration is being given to additional windfall taxation measures to support households facing significant cost-of-living pressures