Results 24,601-24,620 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Tax Data (22 Mar 2023)

Michael McGrath: The most recent projection of additional carbon tax revenues provided by my Department for the period 2021 to 2030 amounted to €9.2 billion, based on the Government’s commitment to increasing the amount that is charged per tonne of CO2 emissions from fuels to €100 by 2030. This is a key pillar underpinning the Government’s Climate Action Plan ambitions to halve...

Written Answers — Department of Finance: Disabilities Assessments (22 Mar 2023)

Michael McGrath: My predecessor Minister Donohoe committed to a comprehensive review of the Disabled Drivers and Passengers Scheme (DDS) as part of a broader review of mobility supports. In order to achieve this objective, Minister O’Gorman agreed in September 2021 that the DDS review should be incorporated into the work of the National Disability Inclusion Strategy (NDIS) Transport Working Group...

Written Answers — Department of Finance: Human Trafficking (22 Mar 2023)

Michael McGrath: I am advised that Revenue does not have a lead role in relation to the response to human trafficking but works closely with An Garda Siochána and with immigration officials in the Department of Justice responsible for the management of inward migration and international protection processes where it encounters any incidents or suspected incidents of such activity.

Written Answers — Department of Finance: Civil Service (22 Mar 2023)

Michael McGrath: I wish to advise the Deputy of the records of the qualification levels of the civil servants in my Department as of 31 December 2022 is set out below in Table A. Table A - Qualifications held on 31st December 2022 Qualification Certificate Diploma Higher Diploma Degree Masters Professional PHD Other Total ...

Written Answers — Department of Finance: Tax Code (21 Mar 2023)

Michael McGrath: The Government is acutely aware of the difficulties in the housing market at present. The Minister for Housing, Local Government and Heritage has primary responsibility for housing policy. As part of the Housing for All action plan update published last November, I understand that his Department will undertake a review of the private rental sector. I expect that this review will take into...

Written Answers — Department of Finance: Departmental Funding (21 Mar 2023)

Michael McGrath: Work is ongoing on the 2022 Appropriation Account for Vote 7 The Department of Finance and as a result final figures are not yet confirmed. Final virement sanction has not been obtained from the Department of Public Expenditure NDP and Reform as my Department works towards completing the account. However, my Department notified DPENDPR in September that virement may be required on a...

Written Answers — Department of Finance: Tax Exemptions (21 Mar 2023)

Michael McGrath: Finance Act 2021 introduced Part 22A Residential Zoned Land Tax (RZLT) into the Taxes Consolidation Act 1997. The RZLT is designed to prompt residential development by landowners of land that is zoned for residential or mixed-use (including residential) purposes and that is serviced. RZLT is an annual tax, calculated at a rate of 3% of the market value of the land within its scope. The...

Written Answers — Department of Finance: Financial Services (21 Mar 2023)

Michael McGrath: The Irish Credit Bureau (ICB) was a privately owned and operated credit reference entity that ceased operations in October 2021. While neither I nor the Central Bank of Ireland had any responsibility for the operation of the ICB, I understand that it deleted its records after it stopped providing a service. However, the Deputy will be aware that the Credit Reporting Act 2013 (the Act)...

Written Answers — Department of Finance: Housing Schemes (21 Mar 2023)

Michael McGrath: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation. The incentive is accessed via an online-only application process which...

Written Answers — Department of Finance: Tax Exemptions (21 Mar 2023)

Michael McGrath: I am advised by Revenue that, in addition to a wide range of general information on tax matters, specific tax information where authorised and required by legislation, is published on Revenue’s website, www.revenue.ie. All information published by Revenue is regularly reviewed to check that the information is up to date; that it is clear and understandable and to ensure it complies...

Written Answers — Department of Finance: Financial Services (21 Mar 2023)

Michael McGrath: On the 29 November 2022, my Department published the report into the Retail Banking Review. The Review examined the evolution of the retail banking sector and the current landscape and it identified a range of issues and made recommendations to address them. In section 2 of the report, information was provided on the key product offerings, including credit products, by category of firm as...

Written Answers — Department of Finance: Capital Expenditure Programme (21 Mar 2023)

Michael McGrath: I can confirm that there are no projects under my remit on hold due to Capital funding pressures.

Written Answers — Department of Finance: Insurance Coverage (21 Mar 2023)

Michael McGrath: Government is aware that a small number of activity-related sectors are currently facing difficulty in terms of affordability and availability of insurance. We have therefore prioritised the implementation of the Action Plan for Insurance Reform, which aims to improve the cost and availability of insurance for all groups, including sporting organisations. The latest Implementation Report,...

Written Answers — Department of Finance: Tax Code (21 Mar 2023)

Michael McGrath: The restriction of reliefs' measure for individuals on high incomes, who make significant use of certain specified tax reliefs, was announced in Budget 2006 and came into effect from 1 January 2007. The intention of the restriction is to seek to improve the balance between promoting tax equity in relation to those on high incomes while at the same time maintaining the incentive effect of the...

Written Answers — Department of Finance: Electric Vehicles (21 Mar 2023)

Michael McGrath: The Disabled Drivers & Disabled Passengers Scheme (DDS) provides relief from VRT and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. Under DDS provisions, the reliefs from VRT and VAT are generous in nature amounting to up to €10,000, €16,000 or €22,000, depending on the level of adaption required for the vehicle. There...

Written Answers — Department of Finance: Rental Sector (21 Mar 2023)

Michael McGrath: I am advised by Revenue that the scenario outlined in the Deputy’s Question currently qualifies under the rent-a-room scheme. Sums arising to an individual in respect of the letting for residential purposes of a room or rooms in an individual’s “sole or main residence”, including the provision of meals, cleaning, laundry or other services supplied in connection...

Written Answers — Department of Finance: International Protection (21 Mar 2023)

Michael McGrath: I am advised by Revenue that the scenario outlined in the Deputy’s Question currently qualifies under the Rent-a-Room scheme. Sums arising to an individual in respect of the letting for residential purposes of a room or rooms in their “sole or main residence”, including the provision of meals, cleaning, laundry or other services supplied in connection with the letting,...

Written Answers — Department of Finance: Sustainable Development Goals (21 Mar 2023)

Michael McGrath: I would like to thank the Deputy for his question and the opportunity it affords me to outline Ireland’s approach to the SDGs and that of my department. The 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) is a significant and ambitious framework. A whole-of-Government approach to its implementation has been taken in Ireland. ...

Written Answers — Department of Finance: Tax Data (21 Mar 2023)

Michael McGrath: I am informed by Revenue that a breakdown of net tax receipts, including VAT, by economic sector is available on the Revenue website at: revenue.ie/en/corporate/information-about-revenue/statistics /receipts/receipts-sector.aspx VAT registered persons are associated with a particular economic sector using the NACE classification. However, writers, composers and performing artists are...

Written Answers — Department of Finance: National Development Plan (21 Mar 2023)

Michael McGrath: Matters relating to all aspects of the implementation of the National Development Plan are a matter for my colleague Mr. Pascal Donohoe TD, Minister for Public Expenditure, National Development Plan Delivery and Reform. Following Dáil approval to transfer €2 billion in 2022 and €4 billion in 2023, which happened in November 2022 and February 2023, respectively, the...