Results 24,641-24,660 of 27,945 for speaker:Michael McGrath

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

Michael McGrath: As the Deputy will be aware, this Government remains fully committed to supporting and protecting those most vulnerable in society through both tax and expenditure measures. The Irish tax code provides for a wide range of tax credits, reliefs and allowances for individuals who are carers or have care responsibilities. Eligibility for these tax credits, reliefs and allowances is based on the...

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

Michael McGrath: I propose to take Questions Nos. 343, 344, 345 and 346 together. Section 97 of the Taxes Consolidation Act 1997 (TCA) sets out the deductions allowable in computing rental income chargeable to income tax or corporation tax under Case V of Schedule D. Income chargeable under Case V is computed on the gross amount of rent receivable less allowable expenses incurred in earning that rent, as...

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

Michael McGrath: I am informed by Revenue that it does not collect information regarding the specific date of sale of cigarette packs. However, based on tobacco product stamp returns it can determine the numbers of cigarette packets assembled for sale in the State in a given year. This data is provided in the table below in respect of the 10-year period requested by the Deputy. Year 20...

Written Answers — Department of Housing, Planning, and Local Government: Rental Sector (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: Disability Services (23 Mar 2023)

Michael McGrath: The National Disability Inclusion Strategy Transport Working Group (TWG), comprising members from a range of Departments, agencies and Disabled Persons Organisations, was tasked under Action 104 to review all Government-funded transport and mobility supports for those with a disability, including the Disabled Drivers and Disabled Passengers Scheme (DDS). Officials from DCEDIY led the work of...

Written Answers — Department of Finance: Defective Building Materials (23 Mar 2023)

Michael McGrath: Section 10A of the Finance (Local Property Tax) Act 2012 (as amended) provides for an exemption for a temporary period from the charge to Local Property Tax (LPT) for residential properties that have been certified as having a significant level of pyrite damage. The exemption is subject to certain qualifying conditions set out in the relevant legislation. This section was amended by the...

Written Answers — Department of Finance: Vehicle Registration Tax (23 Mar 2023)

Michael McGrath: VRT is an excise duty which is imposed, under Irish law, on the registration of a vehicle in the State. With effect from 1 January 1993, Section 132(1), Finance Act, 1992 introduced “a duty of excise, to be called vehicle registration tax” and the legislation stipulates that the tax “shall be charged, levied and paid ... on ... the registration of a vehicle”. ...

Written Answers — Department of Finance: Legislative Programme (23 Mar 2023)

Michael McGrath: My department has been heavily involved in EU-wide negotiations to agree on the Market In Crypto Assets (“MiCA”) Framework as set out in the Digital Finance Package in September 2020. These negotiations have led to the development of the most comprehensive regulatory framework for crypto-assets, harmonising rules across the European Union and will formally be adopted by the EU...

Written Answers — Department of Finance: Interest Rates (23 Mar 2023)

Michael McGrath: As the Deputy is aware, the European Central Bank has increased official interest rates over recent months as it attempts to combat inflation. While the setting of retail interest rates is a commercial matter for an individual lender, this increase in official interest rates has had an impact on tracker and some other variable mortgage rates and consequently on the level of mortgage...

Written Answers — Department of Finance: Social Media (23 Mar 2023)

Michael McGrath: All users of official communications devices in the Department of Finance are expected to exercise appropriate discretion in their use, and in relevant communications services in line with acceptable usage policies. That acceptable use policy sits within an overarching framework of the Civil Service Code of Standards and Behaviour, Civil Service Disciplinary Code, Ethics in Public Office, the...

Written Answers — Department of Finance: Insurance Coverage (23 Mar 2023)

Michael McGrath: While neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products, I can assure the Deputy that this Government is committed to improving the cost and availability of insurance for all consumers, businesses and community groups across the State. The whole-of-Government approach being taken through the Action Plan for Insurance Reformsets out 66...

Written Answers — Department of Finance: Rental Sector (23 Mar 2023)

Michael McGrath: The exiting of small or accidental landlords from the private rental sector is a consequence of multiple factors. For example, the changing regulatory environment and the recent rise in house prices. It is important to note that a wide array of tax reliefs and exemptions are already available for landlords and the property sector. The combined cost of these, in tax receipts forgone, is...

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: I listened for more than 20 minutes to the Opposition Deputies speaking earlier and I did not hear any new ideas. I heard no positivity. All I heard was 20 minutes of negativity, bitterness and, particularly from Sinn Féin, a personalised diatribe towards the Minister for Housing, Local Government and Heritage which will do absolutely nothing to provide a home for a single family in...

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: The truth is this Government is now the biggest developer of housing in the State.

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: We might look at the range of schemes the Minister has brought forward in the past couple of years in particular. We had the first home scheme. We have a new Croí Cónaithe scheme. He has introduced affordable purchase again in this country. We now have cost rental up and running for the first time ever. We have the Land Development Agency, LDA, on a statutory footing, on site,...

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: That is evidenced by the fact our population has grown by approximately 360,000 people from the census in 2016 to 2022. Much of that has been by net inward migration. It is not the basket case Deputy Ó Broin consistently portrays it to be.

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: Ireland is an attractive place where people want to come to live, work and rear a family and we never hear any acknowledgment of any of that from any Deputies on the other side of the House.

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: We have an economy in this country-----

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----that is attracting people to Ireland. A record number of people are working in Ireland today. The figure is almost 2.6 million people, which is the highest number at any point in the history of our country. We have public finances that have been well-run. For the first time in our history, financial constraint is no longer the inhibitor of developing housing.

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: The reality is that it is about capacity-----