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Irish Marine Federation Makes Representations on 'Green Diesel'

14th September 2012
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Irish Marine Federation Makes Representations on 'Green Diesel'

#greendiesel – The Irish Marine Federation (IMF) has made representations to the Revenue Commissioners in relation to a proposed ban on the use of so called 'Green Diesel', (or Red Diesel in Northern Ireland) for leisure boats pointing out difficulties changes would impose on the boating industry in general.

Ireland, like the UK, has had a differential pricing system for auto fuels, with higher taxes and hence retail prices for fuels used in road vehicles.

The best-known example is the price differential on green diesel, about 90c per litre cheaper than road diesel and available to boaters, farmers and other users of diesel-powered vehicles.

Green diesel is almost identical to ordinary auto-diesel apart from the dye which is added.

The IMF has also made a separate budget submission through the Irish Tourist Industry Confederation (ITIC) asking that if the change to white diesel is enforced by the EU that the VAT rate of 13.5% be imposed on this fuel as opposed to the 23% attached to white diesel. This would have a neutral effect on Revenue and would mean a smaller increase in the cost of fuel for boat owners say the Federation.

Published in Marine Federation
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