Results 81-100 of 120 for revert speaker:Michael McGrath

Written Answers — Department of Finance: Tax Code (26 Sep 2023)

Michael McGrath: ...the Deputy will recall, I extended the 9% VAT rate which applied for the tourism, hospitality and hairdressing sectors to 31 August 2023 from the previous end date of 28 February 2023. The VAT rate reverted to the 13.5% VAT rate on 1 September 2023. It is not intended to reintroduce this 9% reduced VAT rate at this time. As you may know, officials from my Department compiled a...

Saincheisteanna Tráthúla - Topical Issue Debate: Job Losses (23 Oct 2019)

Michael McGrath: ...to me? My understanding is that there are up to 200 contractors on site. Some have been there for between ten and 15 years. Their jobs are likely to be lost as well. Will the Minister please revert with details on this matter?

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (8 Feb 2024)

Michael McGrath: ...back to the Deputy. I thank Deputy Munster for raising the issue of the driving centre in Drogheda. I will ask the Minister, Deputy Eamon Ryan, or the Minister of State, Deputy Chambers, to revert back to her on the issue of the specific site. We are making progress overall on the average waiting times for tests. It was 30 weeks in August of last year; it is now less than 20. That...

Ceisteanna - Questions - Priority Questions: Mortgage Arrears Proposals (7 May 2015)

Michael McGrath: ...solutions that are working to be deployed. The most popular is one of the least effective, namely, arrears capitalisation. We need consistency in the way split mortgages are treated. I will revert to my initial point. Above all else, we need the final say in the restructuring of a person's mortgage to be taken out of the hands of the bank and put in the hands of someone or something...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Michael McGrath: ...contractual rights in terms of entitlement to a tracker mortgage rate. There are practices still going on. We are being told now that customers who, under the redress programme, are entitled to revert to a tracker rate are being given a tracker rate of 3.67%. That is a joke. The Central Bank has to go beyond giving a slap on the wrist to the banking system when this kind of thing...

Written Answers — Department of Finance: Tax Code (10 Oct 2023)

Michael McGrath: ...to pay tax based on the average of five years’ farming profits and losses. If a farmer opts in to averaging, they must remain within the averaging scheme for a minimum of five years. If they revert to the normal basis of assessment, a review will be done. However, a farmer may also elect to temporarily step-out of averaging for a single year. The Financial Provisions (Covid-19)...

Ceisteanna Eile - Other Questions: Cost of Living Issues (15 Nov 2022)

Michael McGrath: ...set up across government to work on that and determine what possible solutions may exist. I will ask the Minister for Further and Higher Education, Research, Innovation and Science, Deputy Harris, to revert to Deputy Murnane O'Connor on Carlow College and the non-availability of some of the supports to some of its students.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 12 - Superannuation and Retired Allowances (Supplementary)
Vote 17 - Public Appointments Service (Supplementary) (24 Nov 2021)

Michael McGrath: ...issue will be examined as part of the review. However, my understanding is that currently, we have a ruling from the Information Commissioner and we are essentially bound by it. If we are to revert to publishing information at the level of the individual, it raises the question of where to draw the line. Do we publish the pension information of retired senior civil servants and retired...

Written Answers — Department of Finance: Tax Code (5 Jul 2023)

Michael McGrath: As the Deputy will recall, I extended the 9% VAT rate for the tourism and hospitality sectors to 31 August 2023 from the previous end date of 28 February 2023. It will revert to the 13.5% VAT rate on 1 September 2023. The estimated cost of this measure is €300m. This extension strikes a balance between the cost to public finances and the provision of support for these sectors. It...

Written Answers — Department of Finance: Tax Collection (13 Feb 2024)

Michael McGrath: ...propose to take Questions Nos. 239 and 242 together. As the Deputy will be aware the 9% VAT rate applied on a temporary basis to the hospitality and tourism sectors until 31 August 2023 when it reverted to the 13.5% rate. The 9% rate was introduced on 1 November 2020 in recognition of the fact that the tourism and hospitality sectors were among those most impacted by the public health...

Written Answers — Department of Finance: Tax Code (5 Oct 2023)

Michael McGrath: ...Nos. 209 and 210 together. As the Deputy will recall, I extended the 9% VAT rate for the tourism and hospitality sectors to 31 August 2023 from the previous end date of 28 February 2023. It reverted to the 13.5% VAT rate on 1 September 2023. The estimated cost of the final extension of the measure is €300m. This extension struck a balance between the cost to public finances and...

Written Answers — Department of Finance: Tax Collection (21 Feb 2023)

Michael McGrath: ...1406.3 A tentative estimate of the VAT generated for 2021, 2022 and the estimated yield in 2023 on the Carbon tax component is €57m, €68m and €81m respectively. The 2023 estimate assumes that the VAT rate on gas will revert from the second reduced rate to the reduced rate on 1 March 2023.

Written Answers — Department of Finance: Tax Code (4 Jul 2023)

Michael McGrath: ...pre-Budget process. As the Deputy will recall, I extended the 9% VAT rate for the tourism and hospitality sectors to 31 August 2023 from the previous end date of 28 February 2023. It will revert to the 13.5% VAT rate on 1 September 2023. The estimated cost of this measure is €300m. This extension strikes a balance between the cost to public finances and the provision of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Service Pay Bill: Committee Stage (13 May 2021)

Michael McGrath: ...effect to in law today, takes us up to the end of next year. I anticipate that in advance of that we will again engage with the trade union movement on a possible successor agreement. We are reverting to a more normal era of industrial relations and hopefully agreeing pay deals into the future. It is in the interests of all concerned if we can do it in an orderly way and give public...

Written Answers — Department of Finance: Tax Code (31 Jan 2024)

Michael McGrath: ...rates that apply in this country are 13.5% and 9%. As the Deputy will be aware the 9% VAT rate applied on a temporary basis to the hospitality and tourism sectors until 31 August 2023 when it reverted to the 13.5% rate. The 9% rate was introduced on 1 November 2020 in recognition of the fact that the tourism and hospitality sectors were among those most impacted by the public health...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: Office of Public Works (10 Dec 2014)

Michael McGrath: ...also to subsidence on the south side of the city but that is a different matter. I wish to raise the way in which minor flood relief work programmes or projects are managed. The delegation may revert to the committee on the detail of the case I wish to raise, which relates to a specific location, the Glen, Glenbrook, Passage West, County Cork. I highlight it as an example because a...

Ceisteanna Eile - Other Questions: Tax Code (1 Feb 2024)

Michael McGrath: ...Deputy knows, the 9% VAT rate was due to expire in February 2023 and the Government took a decision, on an exceptional basis, to extend it for a further six months to the end of August 2023. It reverted to the normal rate at that point in time. That was the agreed position of the Government and remains the agreed position of the Government. To be clear in terms of where Ireland stands,...

Written Answers — Department of Finance: Tax Collection (23 Jan 2024)

Michael McGrath: ...to lower consumer prices, encouraging higher demand, more output and an increase in employment. However, the reduced rate had an estimated cost to the Exchequer of €1.2 billion by the time the rate reverted to 13.5% on 31 August 2023. The Government decided to revert to the 13.5% rate following an economic assessment carried out by my Department which demonstrated that the...

Written Answers — Department of Finance: Business Supports (8 Mar 2023)

Michael McGrath: ...that a separate scheme will be developed for businesses that use oil and LPG and the Minister for Enterprise Trade and Employment has committed to exploring options for such a scheme and to revert to Government on this matter in due course.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Michael McGrath: That brings me to my final point, which is reverting back to the whole tracker and prevailing rate issue. It is an ask on my part because there are a lot of people who are watching in about this issue or who will read the transcript later on. I encourage AIB to move away from what I would regard as an overly legalistic approach to this issue. I know that Ms Dooley has a job and she is...