Revenue eBrief No. 126/24

24 April 2024

Excise Duty Rate Changes on Energy Products

The Tax and Duty Manual (TDM) on Excise Duty Rates on Energy Products and Electricity has been updated to reflect carbon tax increases effective from 1 May 2024 impacting on rates of:

  • Mineral Oil Tax (MOT),
  • Natural Gas Carbon Tax (NGCT), and
  • Solid Fuel Carbon Tax (SFCT).

Additional detail on the calculation of carbon tax rates is also included.