Results 25,981-26,000 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: State Bodies (25 Oct 2023)

Michael McGrath: Progress has been made on efforts to convene a new Disabled Drivers Medical Board of Appeals (DDMBA), to secure new hosting arrangements for the DDMBA and to recommence the appeals process. I have now formally appointed all five members to the new DDMBA. Funding arrangements between the Department of Finance and the Department of Health have been agreed. On this basis the National...

Written Answers — Department of Finance: Tax Reliefs (25 Oct 2023)

Michael McGrath: This Government is acutely aware of the impact of rising interest rates and mortgage costs on many taxpayers. It is for this reason, I introduced a temporary one-year, targeted form of mortgage interest tax relief as part of Budget 2024. As previously outlined, in reply to Parliamentary Question 104 of the 18 October 2023, it is not possible or desirable for the Government to alleviate the...

Written Answers — Department of Finance: International Agreements (25 Oct 2023)

Michael McGrath: Officials in my Department have been actively considering the report by the Secretary General of the United Nations on possible options for an enhanced role for the UN in international tax matters with a view to improving the inclusivity and effectiveness of global tax rules. Ireland recognises the important role the UN has to play in supporting and enhancing international tax...

Written Answers — Department of Finance: Tax Data (25 Oct 2023)

Michael McGrath: I propose to take Questions Nos. 68 and 69 together. The Tax Debt Warehousing Scheme has offered valuable and practical liquidity support to businesses during the COVID pandemic and continues to support businesses as they recover from the impacts of the pandemic and the current energy crisis. It has assisted businesses with their cash-flow during difficult trading periods, preventing business...

Written Answers — Department of Finance: Primary Medical Certificates (26 Oct 2023)

Michael McGrath: The final report of the NDIS Transport Working Group's review of mobility and transport supports including the Disabled Drivers and Disabled Passengers Scheme (DDS), endorsed proposals for a modern, fit-for-purpose vehicle adaptation scheme in line with international best practice that would replace the DDS, as it is no longer fit-for-purpose on any and all aspects. The proposals note this...

Written Answers — Department of Finance: Business Supports (26 Oct 2023)

Michael McGrath: The Temporary Business Energy Support Scheme (TBESS) was introduced to support qualifying businesses with increases in their electricity or natural gas costs arising from the Russian invasion of Ukraine. Finance Act 2022 (as amended) made provision for the TBESS. The scheme fell within the terms of the EU Temporary Crisis and Transition Framework. The scheme ran from 1 September 2022 to 31...

Written Answers — Department of Finance: Tax Reliefs (26 Oct 2023)

Michael McGrath: I am advised by Revenue that the numbers of Help to Buy (HTB) claims that reached the claim stage on or after 1 July 2020, broken down by county, are set out in the table below. This table reflects data as of 23 October 2023. County Number of Claims Carlow 266 Cavan 251 Clare 439 ...

Written Answers — Department of Finance: Tax Credits (26 Oct 2023)

Michael McGrath: The Rent Tax Credit, as provided for in section 473B of the Taxes Consolidation Act 1997 (TCA 1997), was introduced by the Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025. I am advised by Revenue that the Rent Tax Credit statistics currently available refer only to claims by PAYE taxpayers for the 2022 tax year and the 2023 tax...

Written Answers — Department of Finance: Tax Yield (26 Oct 2023)

Michael McGrath: I am advised by Revenue that the estimated yield to the Exchequer on a first and full year basis for the proposal outlined by the Deputy would be of the order of €195 million and €240 million respectively. It should be noted that page 4 of Revenue’s Ready Reckoner, available on the Revenue website, is available for the Deputy’s attention at the following link:...

Written Answers — Department of Finance: EU Bodies (26 Oct 2023)

Michael McGrath: The European Commission has written to Member States inviting applications to host the seat for the new EU Anti-Money Laundering Association (AMLA). The deadline for final submissions is 10 November and the Department of Finance will be making an application for Dublin to host AMLA. There is a dedicated team of officials in the Department that are working on the application form and they are...

Written Answers — Department of Finance: Tax Appeals Commission (26 Oct 2023)

Michael McGrath: In response to the Deputy's question, the following table provides an outline of the number of determinations issued by the Tax Appeals Commission for the years 2020 to 2022. Year No. of Determinations Issued No. of Appeals Affected Quantum €m 2020 171 191 610 2021 130 157 443 ...

Written Answers — Department of Finance: Tax Reliefs (26 Oct 2023)

Michael McGrath: I propose to take Questions Nos. 147 and 148 together. For the purposes of developing the Mortgage Interest Tax Relief (MITR) measure, data provided by the Central Bank drawn from the Central Credit Register as at end June 2023 (the latest available in advance of Budget 2024) was utilised. Therefore, this data was also used for the purposes of answering the Deputy's question to ensure...

Written Answers — Department of Finance: Tax Rebates (26 Oct 2023)

Michael McGrath: I am advised by Revenue that Income Tax Returns for the person concerned were filed by an agent, acting on their behalf, on 28 September 2023, for the years 2020 to 2022 inclusive. The resulting overpayments issued to the nominated agent’s bank account on 3 October 2023. On the same date the associated Statements of Liability, which provide a detailed breakdown of the amounts of PAYE,...

Written Answers — Department of Finance: Departmental Bodies (7 Nov 2023)

Michael McGrath: Progress has been made on efforts to convene a new Disabled Drivers Medical Board of Appeals (DDMBA), to secure hosting arrangements for the DDMBA and to recommence the appeals process. I have now formally appointed all five members to the new DDMBA. Funding arrangements between the Department of Finance and the Department of Health have been agreed. On this basis the National...

Written Answers — Department of Finance: Tax Data (7 Nov 2023)

Michael McGrath: As the Deputy is aware, the Vacant Homes Tax is a new measure announced in Budget 2023, which aims to increase the supply of homes for rent or purchase to meet demand. Legislative provision for the tax was made in the Finance Act 2022. The first chargeable period commenced on 1 November 2022. The first self-assessed returns are due on 7 November this year and the tax will be payable on 1...

Written Answers — Department of Finance: Tax Credits (7 Nov 2023)

Michael McGrath: The position is that where a couple is cohabiting, rather than married or in a civil partnership, they are treated as separate and unconnected individuals for the purposes of income tax. Each partner is a separate entity for tax purposes, therefore, cohabiting couples cannot file joint assessment tax returns or share their tax credits and tax bands in the same manner as married couples. ...

Written Answers — Department of Finance: Tax Data (7 Nov 2023)

Michael McGrath: I propose to take Questions Nos. 292 and 301 together. My Department and Revenue have, for some time, been aware of issues arising from contractual arrangements within the General Practitioner (GP) community whereby some GPs treat income under their General Medical Services (GMS) contract as income of a GP practice in which they are a partner or an employee, rather than income of that...