Results 481-500 of 11,861 for speaker:Brian Hayes

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: The word I used was "modest".

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: The reality is that there is no money about the place. As the Minister has consistently pointed out, where there is no money, one must be experimental and creative in seeking to construct a tax system that encourages the type of entrepreneurship we need. One of the great benefits of the current system is that even though many people lost a great deal of money and a lot of people had to lay...

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: I am aware of a good discussion that occurred on Committee Stage on this issue. With regard to a suggestion made by Deputy Michael McGrath, the Minister has already reduced the period associated with the scheme from 15 months to 12. This tapering was pretty much in line with the range of supports available on the social protection side. We could not have a situation whereby the minimum...

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: I am aware of the point the Deputy makes, although I was not present for it on Committee Stage.

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: That is okay. From what I understand we are talking about the contractor who initiates the procedure. He registers on the revenue online system and when it gets to the requirements under subsection (5) the final bit of the jigsaw is not put in place and therefore the home owner cannot benefit from the work. We must have some control. I accept that Deputy Doherty’s point is an...

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: I know.

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: Could I help?

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: I have a note that I did not read earlier which might be useful. Mea culpa. It might help to put the issue in context. It might be the case that a very unusual situation could arise to which the Deputy referred, in which a contractor complies with the terms of the scheme but due to force majeure the final electronic confirmation cannot be made. I am sure that in such highly unusual...

Finance (No. 2) Bill 2013: Report Stage (Resumed) (4 Dec 2013)

Brian Hayes: Before the break Deputy Doherty set out his views in connection with amendment No. 7 and I will respond with the agreement of the House. I do not propose to accept the amendment and there are a number of issues arising from this provision. The relationship between the home owner and contractor is important from the outset. Before engaging a contractor, a home owner must ensure the...

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: No.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: On that issue, the fact that the credit can be spread over two years means those on low income would be able to benefit from the entirety of what is on offer.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: If they have a tax liability over a two-year period where the scheme operates, they can draw that down. On the other question that Deputy Boyd Barrett raised about the guidelines, I am not sure whether the Minister, Deputy Noonan, stated at committee that these will be published early in the new year between Revenue and the Department of Finance. We cannot do it until the Bill goes through...

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: In any scheme of this nature, finding the balance is always difficult. In a circumstance where, as we all will be aware, the construction sector fell off a cliff and, as I state repeatedly, 60% of those who lost their jobs were directly or indirectly attached to the construction sector, there is a responsibility across the whole of Government to see what can be done to improve the position...

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: Would it be helpful if we provided further examples? We would not have any difficulty doing so.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: The gardens are very posh where the Deputy lives.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: I think the Deputy may be confusing the issues. My understanding is that the year of the assessment is not the year of the claim. I reiterate what I said earlier, namely, that in the current formulation of paragraph (a), there is no specific link between the making of a claim and the year of assessment in which payments are made to a contractor. When making a claim, the homeowner must...

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: I will clarify the position. The years of assessment are 2014 and 2015.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: I appreciate that the Deputy is seeking to bring greater clarity. My understand is that the matter has been thrashed out between the Department and Revenue and that there is no direct link between the year of the claim and that of the assessment. For the purposes of the scheme, the year of the assessment applies for the two years as set out in the legislation. When a person makes a claim,...

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: I thought I had provided a working example.

Finance (No. 2) Bill 2013 - Report Stage (4 Dec 2013)

Brian Hayes: On a point of order, in my reply to the very important issue raised by Deputy Pearse Doherty I set out a working example. Would the Acting Chairman like me to restate it for the record?