Revenue announce new marker to tackle fuel fraud
Following a joint process, Revenue and Her Majesty’s Revenue and Customs (HMRC) have identified a new product to mark rebated fuels, including what is commonly known as green diesel in Ireland, in a move that will boost both countries’ fight against illegal fuel laundering.
During a rigorous, joint UK / Ireland evaluation, the chosen marker, which will be produced by Dow Chemical Company, proved significantly more effective than the current markers on the basis of laboratory testing. This testing found that it was highly resistant to known laundering techniques. It will be implemented following consultation with the oil industry and other affected sectors and will be used alongside the current marker mix.
The marker, which is highly resistant to laundering, will be implemented in both countries.
Speaking about the new marker, Revenue Chairman Josephine Feehily said:
"The fuel laundering problem in Ireland involves the laundering of marked fuel sourced on both sides of the border. In this respect it is hugely significant that both Revenue authorities worked together to introduce a single marker which will enhance our ability to tackle this joint problem. This initiative builds on many years of collaboration with our colleagues in HMRC, particularly in Northern Ireland. "
"Fuel laundering has many detrimental consequences, not least its significant impact on the Exchequer. While we have introduced many initiatives in recent years to tackle this problem, including more rigorous supply chain controls as well as robust enforcement actions, the introduction of the new fuel marker is an important element of our strategy in tackling this crime."
"Of course, the legitimate trade can also contribute to closing down illicit outlets by providing any information they may have on the sale of laundered diesel. They should report this through their representative associations to Revenue. Other businesses or members of the public that have any information regarding illicit fuel should contact their local Revenue office in confidence."
[Ends 13/02/14]