Results 26,041-26,060 of 34,868 for speaker:Seán Fleming

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2015: Motion (4 Mar 2015)

Seán Fleming: According to the document, the amount surrendered to the Exchequer from the Department of Jobs, Enterprise and Innovation was €1.5 million, the amount from the Department of Agriculture, Food and the Marine was €693,000, the amount from the Department of Arts, Heritage and the Gaeltacht was €284,000, the amount from the Department of Communications and Energy was...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2015: Motion (4 Mar 2015)

Seán Fleming: What was surrendered? We are dealing with the carryover. The charts provided to us include amounts carried forward and amounts surrendered, which obviously did not meet the 10% threshold and were forfeited. They add up to €6 million.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2015: Motion (4 Mar 2015)

Seán Fleming: I am reading the figures on the chart we received.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2015: Motion (4 Mar 2015)

Seán Fleming: I wish the officials to know that I am taking these figures from the charts we received.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 1:In page 5, between lines 29 and 30, to insert the following:“(a) property which has experienced a change in circumstances which has significantly affected its net value,”. This amendment covers one of my principal objections to the legislation. It deals with a situation where there might have been no material change in circumstances, such as physical...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I note what the Minister says. I will press this amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 2:In page 10, between lines 19 and 20, to insert the following:“Amendment of section 25 of Principal Act 11. The Principal Act is amended by substituting for section 25(2) the following: “(2) The result mentioned in subsection (1) is that a period of not less than 3 years and not more than 5 years elapses between the date on which any valuation list in...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: On that particular issue, we have probably come to the essence of the Bill. After 150 years we have not got this first round done and I do not share the Minister's confidence that we will get there in the timescale about which the Minister is talking. The system, therefore, is not working. From that point of view I will press the amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 3:In page 14, line 31, after “shall” to insert “, within 2 months,”. There is no provision in the Bill that places a binding obligation on the commissioner to appoint a revisions manager. This amendment proposes to insert a requirement that it shall be done within two months of a person making an application. In amendment No. 4 I want to...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I will withdraw the amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 5:In page 17, between lines 23 and 24, to insert the following:“(3) The Commissioner shall exercise the function provided for at subsection (1) within 2 months of the making by the revisions manager of the decision referred to at subsections (1)(a) or (1)(b). (4) For the purposes of subsection (2) the revision manager shall comply with the Commissioner’s...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: The Minister of State is correct. I am trying to remove the discretion from the commissioner because that level of discretion can operate unfairly in the interests of the taxpayer. He might say it could act to their benefit in some cases. The discretion is a problem, and I would wish to see a more prescriptive approach. That is why I have included the phrase "shall exercise the function"...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 6:In page 18, between lines 3 and 4, to insert the following:“(g) any decision of the Commissioner of Valuation under section 29A.”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I move amendment No. 7:In page 21, between lines 32 and 33, to insert the following:“Amendment of section 49 of the Principal Act 27.Section 49 of the Principal Act is amended by substituting for subsection (1) the following:“(1) If the value of a relevant property (in subsection (2) referred to as the ‘first-mentioned property’) falls to be determined for the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: We are probably at the heart of what I believe is wrong with this legislation and the valuation process. I believe we need to scrap valuation legislation and move to a self-assessment system, as is the case for all other taxes. Stamp duty has been wheeled out as not being self-assessed, but practically every other tax, including income tax, is. For most businesses, their VAT returns, their...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I said it was broadly related.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: The Minister of State is to respond.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: We will not let him off that lightly.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I appreciate the Minister of State reading the extract into the record because it was news to me when I received the presentation last week. The Minister of State said, essentially, that they were undervalued up to now and that is why they have a high percentage increase in value. The representatives make the point that they are paying a much higher amount in terms of their output relative...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Valuation (Amendment) (No. 2) Bill 2012: Committee Stage (4 Mar 2015)

Seán Fleming: I ask the Minister of State, on Report Stage, to get information for us, through the Department of Communications, Energy and Natural Resources, on the practice in England, Scotland and other EU countries. Is there an exemption from rates in these countries? That has been stated to me, but I have no way of checking it out.