Excise duty on fuel set to be cut by Government

Excise duty on fuel is expected to be cut under proposals developed by the Government in response to rising prices.

It’s understood Government leaders were briefed by the Minister for Finance Paschal Donohoe on the measure this evening, with a remote meeting of the Cabinet due to take place tomorrow.

Petrol and diesel excise duty is set to be cut by up to 20 cent per litre under the plans.

This evening Sinn Féin have called for an immediate cut of 25 cent per litre in excise duty on petrol and diesel, and for the duty to be removed entirely from home heating oil.

Fuel prices have been drastically rising since the Russian invasion of Ukraine began last month.

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