Michael McGrath said the outstanding amounts of 8 cent on a litre of petrol and 6 cent on diesel, as well as 3.4 cent on marked diesel, would come into effect in two equal instalments on 1 April and 1 August next year.
They were gradually restored in recent months but pressure was brought to bear on the Government to defer the final restoration as energy prices started to increase again in recent weeks. "It is estimated that consumers will save an additional €90 for electricity and those who use gas will save an additional €62 during the 12-month extension," Minister McGrath said.Parents who pay for their student children who have tenancies in 'Rent a Room' or 'digs' accommodation will also be able to claim the Rent Tax Credit.
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