IE-2026-act-24 — Finance Act 2026

Amendment of section 99A of Finance Act 1999 (relief for qualifying road transport operators) 1. (1) Section 99A of the Finance Act 1999 is amended, with effect as on and from 25 March 2026, by the substitution of the following subsection for subsection (3): “(3) Where— (a) gas oil has been purchased on or after 1 January 2020 and before 1 January 2026, or on or after 1 July 2026, then, subject to a maximum repayment rate of €75.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined— (i) when P is less than or equal to €1,070, by the formula— A = (P - 1,000) x 0.3, or (ii) when P is greater than €1,070, by the formula— A = 21 + [(P - 1,070) x 0.6], or (b) gas oil has been purchased on or after 1 January 2026 and before 1 July 2026, then, subject to a maximum repayment rate of €120.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined— (i) when P is less than or equal to €1,070, by the formula— A = (P - 1,000) x 0.3, (ii) when P is greater than €1,070 and less than or equal to €1,150, by the formula— A = 21 + [(P - 1,070) x 0.675], or (iii) when P is greater than €1,150, by the formula— A = 75 + [(P - 1,150) x 4.5], where— A is the amount to be repaid per 1,000 litres, and P is an estimate of the average price (exclusive of value-added tax) in euro per 1,000 litres of gas oil purchased by qualifying road transport operators during the repayment period, as determined in accordance with subsection (4).”. (2) Section 99A of the Finance Act 1999 is further amended, with effect as on and from 1 July 2026, by the substitution of the following subsection for subsection (3): “(3) Where— (a) gas oil has been purchased on or after 1 January 2020 and before 1 January 2026, or on or after 1 October 2026, then, subject to a maximum repayment rate of €75.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined— (i) when P is less than or equal to €1,070, by the formula— A = (P - 1,000) x 0.3, or (ii) when P is greater than €1,070, by the formula— A = 21 + [(P - 1,070) x 0.6], or (b) gas oil has been purchased on or after 1 January 2026 and before 1 October 2026, then, subject to a maximum repayment rate of €120.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined— (i) when P is less than or equal to €1,070, by the formula— A = (P - 1,000) x 0.3, (ii) when P is greater than €1,070 and less than or equal to €1,150, by the formula— A = 21 + [(P - 1,070) x 0.675], or (iii) when P is greater than €1,150, by the formula— A = 75 + [(P - 1,150) x 4.5], where— A is the amount to be repaid per 1,000 litres, and P is an estimate of the average price (exclusive of value-added tax) in euro per 1,000 litres of gas oil purchased by qualifying road transport operators during the repayment period, as determined in accordance with subsection (4).”. Amendment of Schedules 2 and 2A to Finance Act 1999 (mineral oil tax) 2. (1) The Finance Act 1999 is amended, with effect as on and from 25 March 2026, by the substitution of the following schedule for Schedule 2: “SCHEDULE 2 RATES OF MINERAL OIL TAX Light Oil: Rates per 1,000 litres Heavy Oil: Rates per 1,000 litres Liquefied Petroleum Gas: Rates per 1,000 litres ”. (2) The Finance Act 1999 is further amended with effect as on and from 15 April 2026— (a) by the substitution of the following schedule for Schedule 2: “SCHEDULE 2 RATES OF MINERAL OIL TAX Light Oil: Rates per 1,000 litres Heavy Oil: Rates per 1,000 litres Liquefied Petroleum Gas: Rates per 1,000 litres ”, and (b) by the substitution of the following schedule for Schedule 2A: “SCHEDULE 2A CARBON CHARGE Light Oil: Rates per 1,000 litres Heavy Oil: Rates per 1,000 litres Liquefied Petroleum Gas: Rates per 1,000 litres ”. (3) The Finance Act 1999 is further amended, with effect as on and from the date of the passing of this Act, by the substitution of the following schedule for Schedule 2: “SCHEDULE 2 RATES OF MINERAL OIL TAX Light Oil: Rates per 1,000 litres Heavy Oil: Rates per 1,000 litres Liquefied Petroleum Gas: Rates per 1,000 litres ”. Amendment of section 67 of Finance Act 2010 (natural gas carbon tax) 3. Section 67 of the Finance Act 2010 is amended, in subsection (1), with effect as on and from 15 April 2026, by the substitution of the following Table for the Table to that subsection: “TABLE RATE OF NATURAL GAS CARBON TAX With effect as on and from (1) Rate of tax per megawatt hour at gross calorific value (2) 1 May 2021 €6.06 1 May 2022 €7.41 1 May 2023 €8.77 1 May 2024 €10.13 1 May 2025 €11.48 14 October 2026 €12.84 1 May 2027 €14.20 1 May 2028 €15.56 1 May 2029 €16.91 1 May 2030 €18.09 ”. Amendment of Schedule 1 to Finance Act 2010 (solid fuel carbon tax) 4. The Finance Act 2010 is amended, with effect as on and from 15 April 2026, by the substitution of the following schedule for Schedule 1: “SCHEDULE 1 RATES OF SOLID FUEL CARBON TAX With effect as on and from (1) Description of Solid Fuel Rate of Tax per tonne (2) Coal Peat Briquettes Milled Peat Other Peat ”. Short title and construction 5. (1) This Act may be cited as the Finance Act 2026. (2) This Act shall be construed together with the statutes which relate to duties of excise and to the management of those duties.