Results 2,861-2,880 of 7,412 for speaker:Neasa Hourigan
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Okay.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Can a sunset clause be retrospectively applied to an existing tax expenditure?
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Has the Department of Finance given consideration to undertaking such an audit? I am sure it would not be appropriate for everything, but certainly 75% is a high rate of measures not having sunset clauses, if it has already been accepted that they are a good idea.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Four or five maybe?
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Mr. McGann has made a good argument to put sunset clauses in older tax expenditures, because he is saying that the newer ones are now crowding out the work in this regard. We can see from the relevant table that some of these have been there since 1999, some 23 years. They have never been reviewed or at least there are no records of there having been a review. They do not have a sunset...
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Which ones.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Yes.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: We are trying to get some oversight, I guess. Sticking on this issue-----
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: No, I get that. We discussed this aspect at the Committee of Public Accounts recently, when I asked a similar question. A certain percentage of measures have never been reviewed. I got a similar answer on that occasion, in respect of certain packages being reviewed during the budget process. On the flip side of that, however, some of the briefing we have been given is that a proper review...
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Would anybody like to take a guess?
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: The one for the film industry requires training. This is similar to a planning permission that requires local employment. It has a clause that we might not see in other tax expenditures. Is there a more comprehensive review of how it is working? Unlike direct expenditure, there is no performance budgeting for tax expenditure. The committee spends a lot of time speaking about equality...
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Is the Department of Finance aware of the issue in terms of the difficulty of performance testing?
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: That is very welcome.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: That is encouraging. I suspect with the Citizens' Assembly on Biodiversity, one of the suggestions will be to broaden away from monetary evaluation. I do not think it will end at green budgeting. Tax expenditures often benefit people who pay sufficient tax to take advantage of them. I suspect equality budgeting will also be quite challenging. I want to continue to discuss how exactly...
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: I am interested in information on this. Where measures interact with EU requirements on auditing sometimes that auditing can be less and sometimes more than our own. I am interested to know whether we are coming up to the level required. In this case, we have not reviewed it.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Where there is an EU component to a tax expenditure, are there particular requirements for audit?
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Either funding or a policy initiative from the EU.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: It is direct expenditure.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: I would have expected that the EU would require relatively stringent reporting on how the component it provides interacts with others. If it does not, I would be interested to know.
- Committee on Budgetary Oversight: Tax Expenditures Review: Discussion (22 Jun 2022)
Neasa Hourigan: Yes, or if it is something that comes up for Revenue or other Departments.