Transport
New tolls, road taxes and congestion charges: plan to fill €5bn hole from fossil fuel phase out
The review of transport tax system will seek to fill a €5 billion hole in the public finances from loss of petrol and diesel tax revenue based on transport electrification
Irish motorists are facing a raft of new taxes and charges over the coming years as the government moves to fill a €5 billion hole in the public finances due to falling revenues from fossil fuel-based taxes.
The planned shake-up will comprise a move to a ‘user and polluter pays’ approach to taxation, which will include all road users, including drivers of electric vehicles.