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Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----and that is about the hard grind of Government, land availability-----

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----planning reform and ensuring we have sufficient labour in our system so that we provide the funding for housing to take place, and that we give our local authorities and approved housing bodies the capacity to deliver the homes our people need. We are absolutely committed to developing at scale, in record numbers, affordable housing-----

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----cost-rental housing-----

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----public housing-----

Confidence in Government: Motion (29 Mar 2023)

Michael McGrath: -----and working with the private sector to alleviate the blockages that exist in the system to ensure we can build up the number of houses we need to meet the demands of a growing economy and growing population. This Government has a positive agenda. We will deliver and we will not bow to the incessant negativity and bitterness we hear from the Opposition.

Written Answers — Department of Finance: Insurance Industry (28 Mar 2023)

Michael McGrath: Government is aware that a small number of 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 households, businesses and individuals. The third Action Plan Implementation Report, published in...

Written Answers — Department of Finance: Rental Sector (28 Mar 2023)

Michael McGrath: The Rent a Room scheme was introduced in Finance Act 2001 as an incentive to encourage individuals to let rooms in their principal private residence as residential accommodation in order to bring about an increase in the availability of rental accommodation. In accordance with section 216A of the Taxes Consolidation Act 1997, an individual who lets a room or rooms in her or his sole or main...

Written Answers — Department of Finance: Insurance Industry (28 Mar 2023)

Michael McGrath: At the outset, I wish to reassure the Deputy that I recognise the concerns felt by some small businesses around the cost and availability of insurance cover. This is particularly pertinent in some business sectors, including indoor play facilities for children. Accordingly, Government has prioritised insurance reform through the Action Plan for Insurance Reform. The third Action Plan...

Written Answers — Department of Finance: State Bodies (28 Mar 2023)

Michael McGrath: The FSPO is the statutory body established to resolve complaints from consumers, including non-personal customers, businesses and other organisations, about the conduct of regulated financial service providers and pension providers. The functions of the Ombudsman are set out in Section 12 of the Financial Services and Pensions Ombudsman Act 2017 (‘the Act’). The Ombudsman...

Written Answers — Department of Finance: Revenue Commissioners (28 Mar 2023)

Michael McGrath: Revenue is a fully integrated tax and customs administration and, as a result, I am advised that it is not possible to disaggregate the resources deployed, or funding dedicated, at any given time to combat tobacco smuggling. Revenue currently has approximately 2,000 staff engaged on activities that are focused on targeting and confronting non-compliance. These front-line activities include...

Written Answers — Department of Finance: Tax Code (28 Mar 2023)

Michael McGrath: I am informed by Revenue that it does not have any data on which to base a costing for the proposal outlined as there is currently no obligation on traders to report the volumes of this product sold on any tax or duty return.

Written Answers — Department of Finance: Financial Services (28 Mar 2023)

Michael McGrath: As the Deputy will be aware, as Minister for Finance I cannot prevent loan sales that are made by banks to meet regulatory obligations, even by the banks in which the State has a shareholding. These decisions are the responsibility of the board and management of the banks which must be run on an independent and commercial basis. The banks’ independence is protected by Relationship...

Written Answers — Department of Finance: Public Procurement Contracts (28 Mar 2023)

Michael McGrath: I can advise the Deputy that my Department does not have any record of contracts awarded by the Department to the companies mentioned in the details supplied since 2016. The Deputy will be aware that the ‘National Public Procurement Policy Framework’, issued by the Office of Government Procurement (OGP) in November 2019, sets out the procurement procedures to be followed by...

Written Answers — Department of Finance: Official Travel (28 Mar 2023)

Michael McGrath: Information is contained in the following table: Total Accommodation and Economy Travel Expenses €20,173.15 Breakdown Minister for Finance Travel costs total €11,000.77 Accommodation costs total €3,294.25 Countries/States visited Canada...

Written Answers — Department of Finance: Tax Yield (28 Mar 2023)

Michael McGrath: I am advised by Revenue that the receipts raised from the Sugar Sweetened Drinks Tax (SSDT), since its introduction in 2018 and up to 28thFebruary 2023, are broken down by applicable SSDT band in the following table. Please note that the receipts for 2022 and 2023 are provisional. SSDT Band 1 SSDT Band 2 Year €16.26 per...

Written Answers — Department of Finance: Tax Data (28 Mar 2023)

Michael McGrath: I am advised by Revenue that the person’s 2022 Income Tax Return, including a claim for Non-resident Aggregation Relief, was processed on the 22 March 2023. A Statement of Liability and the associated refund will issue to the person in the coming days. While Revenue have contacted the person’s tax agent to confirm the position, should any further clarification be required...

Written Answers — Department of Finance: Departmental Schemes (28 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: Banking Sector (28 Mar 2023)

Michael McGrath: Obligations on the banking sector related climate targets and other elements of the EU Green Deal are set out in a number of EU Directives and Regulations, some of which are in force with others being developed. These include the Taxonomy for sustainable activities, the Sustainable Finance Disclosure Regulation (SFDR), the Corporate Sustainability Reporting Directive (CSRD), as well as...

Written Answers — Department of Finance: Revenue Commissioners (28 Mar 2023)

Michael McGrath: I am advised by Revenue that there are no delays in the processing of Capital Acquisitions Tax (CAT) certificates where all relevant information is received at the time of application. In some instances, Revenue may require additional information in support of the application and any delay in responding to those requests may lead to a delay in the processing of certificates. Revenue have...

Written Answers — Department of Finance: European Union (28 Mar 2023)

Michael McGrath: The European Deposit Insurance Scheme (EDIS), is considered to be the third pillar of the Banking Union. The creation of the Banking Union was a powerful response to the 2008 Financial Crisis. The first two pillars of the Banking Union, the Single Supervisory Mechanism and the Single Resolution Mechanism, have been put in place and subject to a number of reforms to improve their...

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