Results 26,441-26,460 of 27,945 for speaker:Michael McGrath

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 21: In page 21, line 8, to delete “(7) A residential” and substitute “(8) A residential”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 22: In page 21, line 17, after “exist,” to insert “or”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 23: In page 21, to delete lines 18 to 25.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 24: In page 21, line 26, to delete “(d) any interest” and substitute “(c) any interest”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 25: In page 21, line 31, to delete “(8) Notwithstanding” and substitute “(9) Notwithstanding”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 26: In page 21, to delete lines 37 to 40 and substitute the following: “(b) the upper limit shall be apportioned in respect of each of the individuals concerned in accordance with the formula— K x L/Mwhere— K is the upper limit, L is the relievable interest in respect of the individual, and M is the relievable interest as determined by the...

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 27: In page 21, to delete lines 41 and 42, and in page 22, to delete lines 1 to 3.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 28: In page 22, line 4, to delete “(9) Notwithstanding” and substitute “(10) Notwithstanding”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 29: In page 22, line 13, to delete “(10) In making” and substitute “(11) In making”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 30: In page 22, line 36, to delete “subsection (8)(c)” and substitute “subsection (9)(b)”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 31: In page 23, line 5, to delete “(11) A qualifying” and substitute “(12) A qualifying”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 32: In page 23, line 8, to delete “subsection (10)(f)” and substitute “subsection (11)(f)”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 33: In page 23, line 9, to delete “(12) Failure” and substitute “(13) Failure”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 34: In page 23, line 9, to delete “subsection (10)” and substitute “subsection (11)”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: On 14 September, as the Deputy will be aware, the ECB increased the main lending rate by 0.25%. It was the tenth increase in official rates since the summer of 2022, bringing the ECB's main lending rate to 4.5%. I have consistently said over the past months that the appropriate time to make a decision on whether it was appropriate to provide support to mortgage holders because of the...

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: As the Deputy well knows, there are a whole range of measures in budget 2024 designed to help people with the cost of living. We are focusing here on one particular measure. There are changes to our income tax system, changes to our social welfare system, energy credits, exceptional lump sum payments and measures to reduce the cost of accessing public services. The budget must be...

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: The purpose of the residential premises rental income relief is to provide for a new tax incentive for small-scale landlords. This measure is specifically targeted at attracting and retaining small-scale landlords in the private sector. The purpose of this relief is to support the continued participation of small-scale landlords in the rental market, an objective being progressed through...

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 39: In page 36, line 12, to delete “and”. Part 16 of the Taxes Consolidation Act 1997 provides reliefs for investment in corporate trades. These reliefs are the employment investment incentive, EII; the start-up relief for entrepreneurs, SURE; and the start-up capital incentive, SCI. These measures are key incentives which seek to provide SMEs and...

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 40: In page 36, line 13, after “ “€15,000,000”,” to insert “and”.

Finance (No. 2) Bill 2023: Report and Final Stages (22 Nov 2023)

Michael McGrath: I move amendment No. 41: In page 36, between lines 13 and 14, to insert the following: “(iv) by the insertion of the following subsections after subsection (5): “(6) (a) Where a qualifying company has issued shares in respect of which— (i) relief under this Part applies, and (ii) an entitlement to claim relief under section 600M may apply on the...