Results 9,701-9,720 of 12,388 for speaker:Paul Murphy

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: Let me pick which section is best to vote on. Can we vote on section 31?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: Yes, I appreciate that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: Let us call a vote on one of the sections. Section 30 would be the best as it is substantial.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: I would like a vote called on section 31. Section 30 is just the interpretation.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: The purpose of this, presumably, is to broaden the section to ensure that all forms of electronic gambling using Internet devices, telephones, tablets, etc., are included. The idea is to cover everything that the Government currently believes will apply.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: I move amendment No. 61: In page 52, after line 32, to insert the following: "54.The Minister shall, within 6 months of the passing of this bill, bring a report on the second reduced rate of VAT of 9 per cent and additional revenue that could be raised by bringing this rate back to 13.5 per cent.". This proposal calls for a report on the reduced rate of VAT of 9% in the hospitality...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paul Murphy: I wish to press my amendment.

Equality (Miscellaneous Provisions) Bill 2017: Second Stage [Private Members] (8 Nov 2017)

Paul Murphy: I think I might be sharing time, but we will see. I will take up where Deputy Sherlock left off. What the Minister of State said was incredible. His explanation that he was trying to put the prospective employee at ease beggars belief. Indeed, it beggars belief that a person would ask such questions of an interviewee, prefaced by "I should not be asking you this but...". He then went...

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

Paul Murphy: Is this the time to talk about the section in general or will we come back to that?

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

Paul Murphy: Does the Minister have a general explanation for this section?

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

Paul Murphy: Does the Department have an estimate of what this tax expenditure will cost?

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

Paul Murphy: It will ramp up towards €10 million a year. Regarding the size of the companies, this programme applies to employees of micro, small and medium-sized enterprises, as defined by the European Commission. Medium-sized companies, according to the European Commission, are relatively big in an Irish context. They can have up to 250 employees. Therefore, there could be a relatively big...

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

Paul Murphy: I will go into an individual case of how much an individual employee, who may be relatively highly paid to be benefiting from these share options, could benefit. I have seen an example provided by Mazars which shows that someone getting €10,000 in share options at €1 per share, exercising that option when they are worth €3 per share and selling them when they are worth...

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

Paul Murphy: In turn, that individual benefits to that amount but the State loses that amount in terms of-----

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

Paul Murphy: Does the Minister accept that the impact of the scheme is likely to be regressive? One could, in theory, be a low-paid employee and get share options, but it is not very likely. Those who avail of share options are more likely to be middle to higher income earners and, therefore, the effect would be regressive.

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

Paul Murphy: I support the amendment and agree with Deputy Doherty. The Minister for Housing, Planning and Local Government, Deputy Eoghan Murphy, has said the problem of the Government's inaction in the housing crisis has nothing to do with resources, ideology or money. The difference in the Government's approach to the idea of vacant sites and the help-to-buy scheme indicates that is not accurate....

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

Paul Murphy: I agree with the amendments. Does the Minister of State now agree that the tax break for properties held for at least five years should not have been included in the Finance Bill 2016? At the time it was objected to by ourselves, and possibly others, on the grounds that it encourages property hoarding as well as being a big tax break. Is there an admission that that was a mistake - not a...

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

Paul Murphy: There is a logical incoherence in the Minister for Finance's argument about the need for a delay in getting rid of this allowance, or whatever one wants to call it. The argument is that we need tax certainty, but there was no such need for tax certainty when it was introduced to the benefit of these vulture funds. The Government was able to introduce it immediately, but now that it is being...

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

Paul Murphy: Did they ask that if this was to be removed, they should be given-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (7 Nov 2017)

Paul Murphy: The Minister has said that middle-income earners are those earning between €30,000 and €70,000. Does that mean he disagrees with the Taoiseach who said that minimum wage earners were middle-income earners?