30 Aug '12, 8am

Bus and Coach News: High taxes threaten Irish coaching: High taxes on diesel are killing the... #bus #coach #diesel

High taxes on diesel are killing the Irish coach tourism industry, according to the Coach Tourism & Transport Council. “Half of what we pay at the pumps for diesel goes to the government in taxes,” says Gerry Mullins, CTTC chief executive. “High taxes are causing job losses in tourism.” The CTTC says that on a litre of diesel costing around €1.54 (£1.22), around 50 per cent goes on government taxes including excise duty, carbon tax, VAT, and the National Oil Reserves Levy. “Raking in money on fuel taxes is a false saving because the government will have to cover the cost of jobs lost from the tourism industry,” says Mullins. He also says that coach companies in the Republic of Ireland are competing against operators in Northern Ireland and Britain who, while they pay more for diesel, can reclaim the VAT. And he notes that foreign visitors who land in Dublin are often being...

Full article: http://www.busandcoach.com/newspage.aspx?id=7081&category...

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