Results 22,081-22,100 of 33,049 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I would expect that it was included in the 2014 review.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I move amendment No. 13:In page 19, lines 35 and 36, to delete “the premises concerned ceases to be a rented residential premises” and substitute the following:“the person referred to in subsection (3) ceases to let the premises concerned as a residential premises”. These amendments propose two technical changes to the legislation contained in section 12, which...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I move amendment No. 14:In page 19, to delete lines 38 to 40 and substitute the following:“(a) an amount equal to the deduction shall be deemed to be profits or gains computed under section 97(1) in the year of assessment in which that person ceases to let the premises concerned as a rented residential premises, and”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: This amendment addresses vacancy, which is a policy area acknowledged by the Government as being central to housing challenges. In response, a key objective, identified in the fifth pillar of the Government's action plan on housing and homelessness, Rebuilding Ireland, is to ensure that existing housing stock is used to the optimum degree and it focuses on measures to use existing vacant...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I do not need reminding by Deputy Doherty or any other Deputy of the seriousness of the homelessness issue in this country and in this city. I live in and represent a constituency which is afflicted by this and I represent families who are dealing with the trauma of not having a home. I see it with my own eyes, and represent the people affected by the tragedy of not having a home or a...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I would like to make a few points. Are the units still vacant?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: How many of them were there?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I shall respond to the different points made about my track record and the Government's general response to this matter since I have been a member of Cabinet and over the past year. What my track record, as Minister for Public Expenditure and Reform, looks like is an increase in the amount of resources available to the Department of Housing, Planning and Local Government to deal with an...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: The help-to-buy initiative has been in operation since January 2017. The scheme is designed to assist first-time buyers with obtaining the deposit required to purchase or build their first home. With a view towards increasing the supply of new housing, the relief is only available in respect of new build or self-build properties. Following its introduction in budget 2017, and as a result...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: Did any member of this committee notice that in the budget I said "No" to a lower VAT rate for the construction sector?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: The Deputy is well placed to make claims regarding the effect of lobbying that he knows worked in the run up to the crash in this country. The same types of calls were made prior to this budget and I said "No". The members accusing me of having some kind of agenda to up the margin and profitability of developers at the expense of trying to help people buy a home are either not aware of or...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: It is a technical amendment which I am bringing forward on the advice of the advice of the Revenue Commissioners to ensure that the section works as intended. I will circulate a draft of the amendment to the Members when I have it.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I also need to flag a potential amendment at Report Stage for section 18.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: Could I ask the Deputy to give me one moment? I have been looking at the wrong binder.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: To return to the amendment in section 18, I am considering the matter of whether we can look at capital allowances to encourage employers to provide sporting facilities within the work place, such as sport equipment and gyms. It is something I am currently evaluating but I am not in a position to know whether I can bring it forward.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I may or may not bring it forward. It might cover areas such as sporting and chid care facilities. It is a matter that has been raised with me several times and I want to see if I can make progress on it.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I propose to take amendments Nos. 28 to 37, inclusive, together. I move amendment No. 28:In page 30, to delete lines 36 to 39 and substitute the following:“(ii) ‘relevant period’ means the accounting period beginning on the first day of the period of account in which the change in accounting policy, referred to in paragraph (b), is adopted for the first time. (b) This...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I have not given that matter any consideration in the context of these amendments because these amendments deal with very different issues. As I have explained to the committee these amendments are about when we transition from one accounting code to another. Pensions have not been raised with me as an issue in this context. I have not given this matter consideration to date. I am informed...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: I can read them and Deputy Burton is correct in what she is saying.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)

Paschal Donohoe: The issues to which Deputy Burton refers are partially a consequence of the accounting code. I understand that. But the amendments in my name to section 19 deal with what happens in the transition from one accounting code to the other and dealing with accounting errors. I am not in a position to give the Deputy a detailed answer on matters within the accounting code. I contend that...