Oireachtas Joint and Select Committees
Tuesday, 15 November 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2016: Committee Stage (Resumed)
2:00 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I understand the logic in not having 1 January as the date if the Bill becomes law perhaps in the third week of December but why does it have to go to 1 May? I am not convinced on that. Could it be done by March, for example, to give a number of weeks? Can the Minister of State clarify how long the penalty mitigation arrangements have been in place for? Is he proposing to end them? Is there an expectation that there will be a revenue yield from it because there will be a rush to get in before the drawbridge closes? How long were they in place for? What kind of an uptake is there without the mitigation being withdrawn?
No comments