Results 14,441-14,460 of 34,135 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: As I said, it is a matter for the Revenue Commissioners. When they or I are in a position to update the Oireachtas on where matters stands, that will be done.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I thank the Deputy. The previous tax relief in respect of rent paid was abolished in budget 2011 and is no longer available to those who commenced renting for the first time from 8 December 2010. This followed a recommendation in the 2009 report by the Commission on Taxation that rent relief should be discontinued. The view of this independent commission was that, in the same manner in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: To deal with each of those matters in turn, in an earlier contribution, I explained why I am not in a position to introduce refundable tax credits and reliefs within our system. I explained the technical difficulties that exist. I made the point that if we were to bring in refundable credits, it would of itself have a cost consequence that we would have to take on board. The figure I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I will just deal with the new argument the Deputy has made. I never stated that there would be a legal requirement to bring in a-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: The Deputy did.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: The Deputy did.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: The Deputy said there is no legal requirement.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: It is a reasonable inference to assume the Deputy believes it was implicit in my argument but it was not. What is explicit in my argument is the experience of knowing if we make a change in the implementation of a relief in one part of our tax code that would ensure it would be more than beneficial to people on lower income, the demand to do it in respect of other reliefs in our tax code...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I want to respond. We are having a factual argument, to use the Deputy's phrase. He wanted to bring SARP into it because he wants to create-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: -----some kind of a perception of me. It is correct that the decision I made on SARP is factual but what is not factual is the Deputy looking to create a perception of me as making tax decisions that look to benefit an elite. I am as aware as the Deputy, as I say to him on many occasions, of the type of suffering or difficulty to which he refers. The decisions I made, which were factual,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Amendment No. 17 specifies proof of payment of management fees by landlords and registration of tenancies with the Residential Tenancies Board, RTB, in order to obtain a deduction of such expenses for tax purposes. I will deal first with the registration of tenancies with the RTB. Section 97(2)(e) of the Taxes Consolidation Act 1997 permits the deduction for tax purposes of "interest on...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I actually do not get the Deputy's arguments.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, that is correct. Deputy McGrath is saying the link is made in the first issue but not in the second issue. I understand that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, I understand.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, I do.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: That was not immediately clear to me from amendment No. 17 because the Deputy was looking for a report on the matter. Now that Deputy McGrath has explained it like that, maybe what we could do is consider the issue he has raised. At the very least we will write back to him or provide a note for the committee on the issue of why there is a link in the first issue but not in the second issue....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Tax relief in respect of health expenses is provided for in section 469 of the Taxes Consolidation Act 1997. "Health expenses" is defined in that section as "expenses in respect of the provision of health care...including the services of a practitioner." A practitioner is an individual who is registered in the register established under section 43 of the Medical Practitioners Act 2007 or...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes. I accept Deputy McGrath's point. I do not believe a person would refer himself for treatment simply because tax relief is suddenly available on it.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: However, the proposal would mean changing the way in which tax relief is administered, regardless of the reasons for which a person ends up getting the additional treatment. If we do not have some kind of gatekeeper in place, as we do now, since a patient can only get relief if he is referred by a GP, my concern is that we could end up with a considerable escalation in cost. Thus, the...