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making extraordinary profits while ordinary people are left behind. That is why we are supporting calls for the immediate introduction of a robust windfall tax. This debate comes down to one simple question: who should benefit from a crisis? Families across the State have been hammered by soaring … conflict involving Iran. While families worry about paying their next bill, somebody else is counting record profits and that cannot be defended. A windfall tax is simply about fairness and justice. Companies making crisis profits should make a fair contribution back to society and that is just common

raised a 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 … stop this happening, and we need to use that power. The Social Democrats are proposing that the Government protect households by introducing a windfall tax on energy companies' profits. This was done before at an EU level in 2022 following the outbreak of war in Ukraine

Minister of State set out that Ireland would engage constructively with the development of proposals for a potential EU-wide windfall tax levy. She also talked about what the Tánaiste had done on this. The European Commissioner for energy, however, has said very clearly that … countries to develop schemes themselves. What is the Government doing here? Who is it kidding? If the Government actually wanted to introduce a windfall tax, the European Commission is saying very clearly that it would help us. There is nothing stopping us and there is no EU-wide

invasion of Ukraine in 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 … they were prior to the war on Ukraine. Fossil fuel companies continue to make record profits. The time has clearly come for this windfall tax to be reintroduced, and that is what we in the Labour Party are calling for today. This fossil fuel crisis has touched more

years ago, 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 … time. In other words, the template is there. Last week at Leaders' Questions, I raised with the Minister for Finance the idea a windfall tax should be placed on the excess profits of power companies. We got the usual kind of response we expect from Fine Gael

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 … want to turbocharge the retrofitting process across the country and use the profits of big tech in the form of the Apple tax windfall to fund it. The Labour Party is always careful with the public finances and we have set out precisely how this package

Deputy Whitmore mentioned, ESB Networks made €445 million in pre-tax profits. That is incredible. That is why we are proposing the windfall tax on excess energy profits, with the money raised used to fund a €400 energy credit for low-to-middle income households. These are households … paying the higher price. The Government has already recognised the principle behind what we are proposing. In 2023, it legislated for a windfall tax due to the war in Ukraine. If the principle was right then, why is it wrong now? Why should families facing another difficult winter

rewrite history. The Government opposed action at EU level during the last energy shock. Electricity companies were never hit with a windfall tax in the State. The TSC the Minister mentioned did not apply to electricity companies, but the European Commission has been crystal-clear this time that … member states can act. The Minister can act. Does he accept that he is choosing not to act on a windfall tax on energy companies? Does the Minister accept he is choosing not to act in relation to windfall tax on energy companies

energy costs. We in the Social Democrats believe there should be a targeted €400 energy credit. We could pay for that by a windfall tax on the energy companies. It is extremely frustrating that European leaders wrote to Simon Harris, the Tánaiste, to put this on the table … discussion at the recent meeting but he did not want to know about it. Why does he not want to put a windfall tax on the energy companies? Who is the Government afraid of? Everyone would back the Government if it put a windfall tax in the energy

things and it is not addressing why electricity prices are so high. The fundamental thing it has failed to do is put a windfall tax on energy companies. Again, something it has not answered is why it will not put a windfall tax on energy companies … Government completely fails to do it, despite having billions in a budget surplus and having the potential to raise significant amounts from a windfall tax and from wealth taxes. It could actually invest in fundamentally changing this country so that we would not have the poverty we have

Energy companies are 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 … that the people of this country, who are already paying the highest electricity prices in Europe, will not be bled dry. A windfall tax would push energy companies into reducing prices by threatening to take their entire excess profits. This would directly help households that are really struggling

completely reject. The Minister of State referred to the ECOFIN meeting of last week. My colleague, Deputy Cian O'Callaghan, spoke about a windfall tax and the Department of Finance was quick to come in and say the issue was on the agenda. It was on the lunchtime … ECOFIN meeting following pressure from other Ministers. I am sorry, but the Government was dragged kicking and screaming to even discuss a windfall tax at that appropriate forum. One of the other things I picked up from the language in the Minister of State's statement

that will change behaviour. What we are missing is the ring-fenced funds to help families who were hit the hardest. A windfall tax is needed to support households with targeted energy credits and to fund retrofitting. It could help to plug the carbon tax … questions. Has the Government received the energy affordability action plan and will it be published before the budget? Will it put an actual windfall tax on power companies and when? On behalf of families throughout the country, I have a very clear question: will the Government finally commit

Will the Minister reconsider his position and introduce a windfall tax on energy companies in order to fund support for workers and families in the cost-of-living crisis? The Minister has stated he will not introduce a windfall energy tax on energy companies unless his hand … shock was abysmal. He allowed companies to enrich themselves. I urge him not to repeat the same mistakes, reconsider his position and prepare windfall tax measures in the State

attempts to get those costs down by engaging with the energy companies. Is it any wonder the Government will not even consider a windfall tax? A windfall tax would give the Government the resources to bring back the energy credits. The Government has them anyway but it would

refused to do it. Last week, the Government voted down the Social Democrats' proposal that would have paid for these measures, namely, a windfall tax on the excess profits of energy companies that are enjoying a bonanza as energy prices rocket. These bumper profits for energy companies … recklessly narrowing it. We would introduce a super-wealth tax on multimillionaires, triple the bank levy, phase out subsidies for developers, introduce a windfall tax on energy companies and their super profits, and implement a levy on data centres. The Government is running a country on money that

that the Government could have invested to lower bills, decarbonise the economy and improve living standards for all. It could have imposed a windfall tax on the companies and data centres that were profiteering during this energy crisis. It could have invested heavily in renewables and a retrofitting … cuts for the wealthiest when hundreds of thousands are in arrears on energy bills? Why did the Government choose not to impose a windfall tax on the energy corporations and data centres enriching themselves with the misery of people who cannot heat their homes? Why did the Government

that. In the first instance, the scale of the Government's response has been very significant, at about €1.4 billion to date. No windfall tax will come near that. Let us be very clear and straight about that. I think our last windfall tax, which was introduced during

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 of energy … 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

fair that he is going through that and at the same time we have large energy corporations the Government is refusing to tax properly. It is not just the normal taxation, they are making super profits, extraordinary profits that they could never have envisaged, and the Government … will bring a level of fairness into this debate. Instead of saying the EU has ruled out an EU-wide energy windfall tax, which is what has happened, or saying the Government agrees with this motion, it will support it and it will bring in a national windfall

windfalls the day after as young boys and girls and brought a trailer of apples to Clonmel to make lovely cider. A windfall tax is only logical to put some money back in people's pockets and be reasonable. Large data centres are using energy. Someone said they … rates, and they do, but there is no fairness and balance. We need a windfall tax to bring back some fairness at a time when people make money from extraordinary events, rather than due to their own business acumen, productivity or anything else. The Government is raking

infrastructure for the coming years. Because of the scale of what is required, we need to do that and not just rely on windfall tax revenue, such as from Apple, or profit on the sale of AIB. We must have a permanent structure for funding for capital investment … just based on windfall tax revenue when

temporary solidarity contribution. Ireland will engage constructively on the development of proposals from the Commission on a potential EU-wide windfall tax or levy if such proposals are brought forward. Governments across Europe are rightly attentive to developments in energy markets and their impact on households, businesses … wider economy. The topic of windfall taxes was discussed by ministers at the recent informal ECOFIN meeting in Dublin. The Commission took note of the discussions and was asked to report back to ministers at the October meeting. The Government will continue to actively monitor the current geopolitical

Take it handy. There is no evidence that putting on a windfall tax would reduce any prices. We did it during the last crisis and prices did not reduce. However, its merit is in bringing some revenue back to the Government in terms of any windfall gains that … careful about, frankly, on the supply side. It is easy to come up with simplistic things. I accept that we did a windfall tax the last time. Revenue of €200 million or more came in. It did not bring down prices but it at least gave the Government

from the budget disappear like snow off a ditch. One of the biggest disappointments in the budget was the failure to introduce a windfall tax. What has the Government against taxing the big people? Fianna Fáil used be a party of the daoine óga, of the small farmer … Europe, to Ms von der Leyen, to the World Economic Forum and, above all, to the global capitals. In this case, a windfall tax should have been introduced, but the Government will not touch them. However, the Government does not mind putting its hand deep into the pockets

associated with rezoning, public infrastructure delivery, and other initiatives of public bodies, therefore the total revenue that could be raised by a 50% windfall tax on all such value uplift; and the estimated total revenue that could be raised with the same tax applied only to commercial properties

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

Deputy Jennifer Whitmore asked the Tánaiste and Minister for Finance for an update on the introduction of a windfall tax for large energy companies. [65222/26

Deputy Pearse Doherty asked the Tánaiste and Minister for Finance if he will reconsider his position and introduce a windfall tax on energy companies in order to fund support for workers and families with the rising cost of bills. [39715/26

Deputy Pa Daly asked the Tánaiste and Minister for Finance if he has considered introducing a windfall tax on energy companies; if he has raised this with other EU member states; if he will make this a priority during Ireland's EU Presidency; and if he will make

Deputy Barry Heneghan 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

Finance whether he or his officials participated in discussions with Germany, Italy, Spain, Portugal or Austria about calling for an EU-wide windfall tax on energy companies; to provide details of any such discussions; the reasons he did not co-sign such correspondence; and if he will make

Minister for 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

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

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

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

Deputy Mark Ward asked the Minister for Finance the position regarding the Apple tax windfall; the amount that has been collected by the State to date; and if he will make a statement on the matter. [42320/25

Deputy Mark Ward asked the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation the position regarding the Apple tax windfall; what has the money been used for; and if he will make a statement on the matter. [42320/25

Deputy Cian O'Callaghan asked the Minister for Finance the amount of money raised through windfall tax receipts used for current expenditure between the years 2020 to date in 2025, by year, in tabular form; and if he will make a statement on the matter. [37395/25

Deputy Pa Daly asked the Minister for Finance if he has considered implementing a windfall tax on energy generators in response to rising wholesale prices in the gas and electricity market; and if he will make a statement on the matter. [10405/25

Tánaiste and Minister for Finance the long-term fiscal risks identified by his Department in relation to rising recurrent spending, falling windfall corporation tax receipts, and age-related expenditure, in the context of IFAC's warning that the State is 'budgeting like there is no tomorrow

Deputy Ken O'Flynn asked the Tánaiste and Minister for Finance the proportion of recent windfall corporation tax receipts that has been allocated to permanent spending commitments since 2020; if he will provide a breakdown by year; and if he will clarify the Department's policy on safeguarding

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

provide a breakdown of how much of the projected €8 billion fiscal gap (after excluding excess corporation tax) will be addressed by sustainable, recurring revenue sources rather than temporary windfalls. [48351/25

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