Results 27,101-27,120 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Revenue Commissioners (14 Feb 2024)

Michael McGrath: The Revenue Commissioners have advised me that the correct contact details are available on its website. Typically, this site is returned to an online search request for contact details of Revenue, however it is important to note that Revenue has no control over the details returned by a search engine. To find the correct contact details for their query, customers should select the...

Written Answers — Department of Finance: Departmental Data (14 Feb 2024)

Michael McGrath: I am advised by Revenue that for 2021 (the latest year for which fully analysed data are available), there were 5,530 taxpayer units recorded as computing their assessable profits in accordance with Section 657 of the Taxes Consolidation Act 1997, which provides for the Income Averaging mechanism. I am further advised that the number of taxpayer units who declared themselves as a farmer...

Written Answers — Department of Finance: Referendum Campaigns (14 Feb 2024)

Michael McGrath: The Department of the Taoiseach issues guidance to all Ministers and Government Departments in respect of the application of the principles of the various Court judgments relevant to the Government’s role in referendum campaigns (these are generally referred to as the ‘McKenna/McCrystal principles’). The guidance note is based on advice received from the Attorney...

Written Answers — Department of Finance: Fiscal Data (14 Feb 2024)

Michael McGrath: On foot of the Dáil approving a 9-month timed amendment to Dáil second stage of the Deputy’s own party Private Members Illegal Israeli Settlements Bill last May, that stage of the legislative process is expected to expire on 17 February next. Under current Oireachtas Standing Orders the timing of the next steps in dealing with the Bill are a matter for the Oireachtas. Of...

Written Answers — Department of Finance: Insurance Coverage (14 Feb 2024)

Michael McGrath: As the Minister for Finance overseeing the legal framework governing financial services regulation, including the insurance sector, I must emphasise that the provision of insurance cover, particularly in the area of travel insurance, is primarily a commercial matter determined by insurers. Accordingly, the EU Solvency II Directive dictates that neither the Government nor the Central Bank can...

Written Answers — Department of Finance: Tax Data (14 Feb 2024)

Michael McGrath: As the Deputy is aware all motor vehicles in the State must be registered within 30 days of their date of entry into the State at which point Vehicle Registration Tax (VRT) is charged. In certain cases, a full or partial exemption from VRT may apply, if the person registering the vehicle is transferring their residence to the State. In order to qualify for Transfer of Residence (TOR) relief,...

Written Answers — Department of Finance: Tax Data (14 Feb 2024)

Michael McGrath: I am advised by Revenue that its approach to enforcement of the law relating to Vehicle Registration Tax (VRT) is that in each instance where a failure to comply with the relevant legal requirements is detected, the matter is dealt with in a manner that is fair and proportionate in the circumstances of the particular case. Section 5.4.2 of the VRT Enforcement Manual gives examples of the...

Written Answers — Department of Finance: Departmental Schemes (15 Feb 2024)

Michael McGrath: The Deputy will be aware that the final report of the National Disability Inclusion Strategy (NDIS) Transport Working Group's review of mobility and transport supports including the Disabled Drivers and Disabled Passenger’s Scheme (DDS), endorsed proposals for a modern, fit-for-purpose vehicle adaptation scheme in line with international best practice that would replace the DDS. ...

Written Answers — Department of Finance: Vehicle Registration Tax (15 Feb 2024)

Michael McGrath: I am advised by Revenue that each application for exemption or relief from Vehicle Registration Tax (VRT) under the Vehicle Registration Tax (Permanent Reliefs) Regulations 1993 is considered on a case-by-case basis. Such applications may, where appropriate, include the consideration of ‘normal residence’ criteria as defined in the Regulations. A taxpayer has the right to...

Written Answers — Department of Finance: Departmental Schemes (15 Feb 2024)

Michael McGrath: I have now formally appointed all five members to the new Disabled Drivers Medical Board of Appeal (DDMBA) and appeal hearings recommenced in the first half of December 2023. I appreciate that it has taken far longer than anticipated to get to this point. In this regard four Expression of Interest campaigns have had to be run over 18 months to source the legislatively required five...

Written Answers — Department of Finance: Departmental Schemes (15 Feb 2024)

Michael McGrath: The Deputy will be aware that the final report of the National Disability Inclusion Strategy (NDIS) Transport Working Group's review of mobility and transport supports including the Disabled Drivers and Disabled Passenger’s Scheme (DDS), endorsed proposals for a modern, fit-for-purpose vehicle adaptation scheme in line with international best practice that would replace the DDS. ...

Written Answers — Department of Finance: Tax Exemptions (15 Feb 2024)

Michael McGrath: I propose to take Questions Nos. 183 to 188, inclusive, together. The Finance Act 2022 removed the difference in treatment of PRSAs and occupational pension schemes for funding purposes, by abolishing the BIK charge on employer contributions to an employee’s PRSA, and not counting employer contributions to an employee’s PRSA towards that employee’s age related and salary...

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (22 Feb 2024)

Michael McGrath: I thank Deputy Durkan for raising the issue and for his support. I also point out that within the legislation there will be the power for the Central Bank to set customer service standards. Therefore, the issue he raises about having to go to two, three or perhaps four ATMs in order to find one that is working will be dealt with, because for the first time they will be registered and...

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (22 Feb 2024)

Michael McGrath: -----but the Deputy will be glad to know that there is a local deficiency test within the legislation which he can raise with the Central Bank.

Written Answers — Department of Finance: Primary Medical Certificates (20 Feb 2024)

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: Primary Medical Certificates (20 Feb 2024)

Michael McGrath: Regulations 6 of SI 353 Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme 1994 requires that all members of the Disabled Drivers Medical Board of Appeals (DDMBA) must be registered with the Medical Council, that is, must be medical professionals. The Department of Health with support from Department of Finance officials set out essential and desired criteria for...

Written Answers — Department of Finance: Primary Medical Certificates (20 Feb 2024)

Michael McGrath: The Disabled Drivers and Disabled Passengers Scheme provides relief from VRT and VAT on an adapted cars, as well as an exemption from motor tax and an annual fuel grant. To qualify for the Scheme an applicant must be in possession of a Primary Medical Certificate (PMC). The PMC is issued by the relevant Senior Medical Officer in the HSE, or failing that an appeal may be made to the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (20 Feb 2024)

Michael McGrath: In responding to the Deputy, I would note that I can only answer in respect of the COVID-19 support schemes under my remit. Since the beginning of the pandemic, Revenue has operated a series of Government support schemes for businesses, employers and individuals. However, certain supports, such as the Tax Debt Warehousing scheme, did not entail making any payments to taxpayers. I am advised...

Written Answers — Department of Finance: Currency Circulation (20 Feb 2024)

Michael McGrath: You will be aware that the Retail Banking Review, published in November 2022, made two clear recommendations regarding payments: (1) for my Department to develop Access to Cash legislation and prepare a related Heads of a Bill in 2023; and (2) for my Department to lead on the development of a National Payments Strategy (NPS) in 2024. I published the terms of reference for the NPS in June...

Written Answers — Department of Finance: National Asset Management Agency (20 Feb 2024)

Michael McGrath: I wish to advise the Deputy that NAMA does not typically own or control properties; rather NAMA owns loans for which the properties act as security. The properties securing NAMA’s loans are owned and controlled by their registered owners or appointed receivers in the case of enforcement. By virtue of Sections 99 and 202 of the NAMA Act, NAMA is legally precluded from disclosing...