Results 941-960 of 34,618 for speaker:Seán Fleming

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Seán Fleming: I move amendment No. 3: In page 24, to delete lines 9 to 56, and in page 25, to delete lines 1 to 16 and substitute the following:“11. (1) The is amended with effect as on and from 10 March 2022 by the substitution of the following Schedule for Schedule 2: “SCHEDULE 2 RATES OF MINERAL OIL TAX With effect as on and from: Light Oil: Rates per 1,000 litres ...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Seán Fleming: I reiterate the legislation provided that an assessment shall be carried out every two months. While the legislation did not stipulate that a report be prepared, the Department prepares bimonthly EWSS utilisation papers which capture all the information the Deputy is seeking. The Minister has reviewed all of these and they are on the Department's website. All the information that was...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Seán Fleming: The information is already on the website and we do not need to produce a report on what is on the website. It is there for everybody to see. I might also add, insofar as EWSS is concerned, the main purpose of the Bill was to give statutory effect to the enhancements that were agreed by Government that are currently being operated by the Revenue under the care and management provision. ...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Seán Fleming: I acknowledge the amendment put forward by the Deputy. In response to the Covid-19 pandemic the Government introduced a range of supports for businesses including the TWSS and the EWSS. The wage subsidy schemes were emergency support measures introduced and developed in extraordinary times. Both the TWSS and the EWSS are statutory schemes underpinned by legislative provisions in the...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Seán Fleming: I move amendment No. 1: In page 15, between lines 21 and 22, to insert the following: “Amendment of section 46 of Value-Added Tax Consolidation Act 2010 7. Section 46 of the Value-Added Tax Consolidation Act 2010 is amended, in subsection (1) by— (a) the substitution in paragraph (a) of “at any of the rates specified in paragraphs (b), (c), (ca), (caa), (cb) and...

Ceisteanna Eile - Other Questions: Fiscal Policy (28 Apr 2022)

Seán Fleming: The Deputy mentioned the 390,000 people who are most vulnerable. The combined payments they receive from the Government, including the fuel allowance, as a result of the budget and the recent measures, is more than €1,000 in each case. It was never intended to cover their entire fuel bill for the year but it is a substantial contribution. The Government has extended the period and...

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: I thank the Deputy for raising this issue. The section 481 tax relief provides a 32% payable credit for eligible expenditure on film production in Ireland. The expenditure has to be incurred in Ireland, meaning the benefit of the jobs and employment is here in Ireland. Historically, there was a situation where some of the expenditure did not have to be incurred in the State so the benefit...

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: With regard to any specific workplace disputes, including the accusation of the abdication of any duty that befalls the company by law, the Workplace Relations Commission and the Labour Court are the organs of the State tasked to deal with the resolution of such matters. It is appropriate that any relevant claims be referred to those bodies for adjudication. There are no immediate plans in...

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: Should a producer company or qualifying company fail to adhere to a condition or obligation specified, the certificate granted by the Department may be rendered invalid and any credit claim may be subject to recoupment by Revenue under section 481. The companies must comply with that.

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: There can be a serious financial penalty. Maybe that has not happened because some of these regulations or new rules only came in last year. Ultimately, Revenue makes the final call on this and it has to be satisfied that all these conditions are met before it, on behalf of the taxpayer, hands out the money. The DAC is required to remain in legal existence for at least 12 months post the...

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: Yes, but-----

Ceisteanna Eile - Other Questions: Tax Code (28 Apr 2022)

Seán Fleming: The company is in existence for 12 months after the completion of the production. That is the period of time in which the case must be taken.

Ceisteanna Eile - Other Questions: Fiscal Policy (28 Apr 2022)

Seán Fleming: I understand this question may have already been taken.

Ceisteanna Eile - Other Questions: Fiscal Policy (28 Apr 2022)

Seán Fleming: This question proposes a tax or other measures to counteract the accelerating cost of living in all areas. This issue has been raised this morning, twice in Private Members' business this week and again in the motion yesterday. It has been the essence of four debates in the Dáil this week alone. I can reiterate everything I have said for the last hour and a half, which dealt...

Ceisteanna Eile - Other Questions: Fiscal Policy (28 Apr 2022)

Seán Fleming: Question No. 22 related to direct and indirect taxes. There were a series of measures in last year's budget, going up to this week, relating to the cost of living and helping people with cost-of-living issues. The Minister has indicated that there are no further measures planned until budget day.

Ceisteanna Eile - Other Questions: Banking Sector (28 Apr 2022)

Seán Fleming: I understand what the Deputies opposite are saying. As I said earlier, there are regular meetings with the Department of Finance about this process. I spoke to Ms Derville Rowland on the matter just a fortnight ago. Everybody in the Department and at the Central Bank, which will be at the forefront of facing these issues in conjunction with the banks, understands the issue. Banking...

Ceisteanna Eile - Other Questions: Inflation Rate (28 Apr 2022)

Seán Fleming: I thank the Deputy for raising the matter. I do not have a prepared response to his question. Most of the issues he has raised have been dealt with by way of motions in this House. There have already been two such motions this week. There were resolutions last night with respect to Revenue issues. The debate we have had this morning has covered a number of issues around the cost of...

Ceisteanna Eile - Other Questions: Inflation Rate (28 Apr 2022)

Seán Fleming: A social welfare Bill is not required to bring a social welfare package through the House. We have seen that with respect to taxation and we saw it on several occasions with respect to Covid-19. I already mentioned the free fuel allowance. The scheme was extended by a number of weeks, which was worth more than €1,000 to the 390,000 people who are in receipt of that payment. That is...

Ceisteanna Eile - Other Questions: Inflation Rate (28 Apr 2022)

Seán Fleming: In case some people did not hear my earlier response, I reiterate that the Government has introduced the energy credit which effects everybody the Deputy has spoken about. The lump sum of €125 for the fuel allowance will be paid to 390,000 people. That scheme has already been extended by a number of weeks. There will be a temporary reduction in public transport fares and many,...

Ceisteanna Eile - Other Questions: Cost of Living Issues (28 Apr 2022)

Seán Fleming: I thank the Deputy for his question. As I have said, there were four measures introduced, starting with the budget. The February and March measures were followed by the most recent set of changes. The Minister for Finance has made it clear that this is the final intervention until the next budget. There are no further interventions planned over the summer months. These measures are...