Results 321-340 of 406 for speaker:Charlie McCreevy

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: Senator Browne should know that this area was a specialist subject of Senator McDowell's when he was in the other House. The recommendation seeks to amend section 472 of the Taxes Consolidation Act 1997 to extend the employee or PAYE tax credit to home carers, with the credit to be given to the working spouse. Under section 466A of the Taxes Consolidation Act 1997, the home carer's tax credit...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: As explained in the programme for Government, it was and still is the intention of the Government to exempt the minimum wage over a term in office, as was also acknowledged in the Sustaining Progress document.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: I referred to this matter when dealing with amendments in the other House and referred to the Government's clear policy in regard to exempting those on the minimum wage from taxation. An Agreed Programme for Government set out the achievement of this objective as a priority over the next five years but this is subject to the overarching requirement for sound economic and fiscal policies and...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: This amendment proposes a scheme of annual tax credits for elite amateur sports persons who are resident in the State. The tax credit of €2,000 would be used against the person's non-sport income since, being amateurs, they do not have income arising directly from the sport itself. This proposal for a tax credit for elite amateur sports persons has been promoted by the Gaelic Players...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: Senator Browne raised a number of tax reliefs, each of which relates to people making their living from that particular activity. He mentioned reliefs for artists, the bloodstock industry and others which are related to income. The recommendation is not related to a person's income.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: By definition, an amateur sportsperson does not derive an income from that activity. Capital allowances are brought in to incentivise various activities to which reference was made earlier. I brought in the most far reaching change in my first Finance Act by ring fencing the reliefs. There was more pressure on me to change that proposal than many others, which had a higher profile. The...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: I am not in a position to include amateur sportspersons in the tax code and nobody should be in any doubt about my position in this regard.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: The Senator referred to both Abbotstown and Hill 16. The Government made a commitment in the context of the proposed national stadium at Abbotstown to give moneys to the GAA over a period of time. I honoured that over various years until it was no longer possible to proceed with the Abbotstown proposal. I, therefore, do not owe the GAA any money and I told the association that directly at...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: The Government parties have been more than generous to the GAA during their two terms in office. I recall the barrage of criticism from politically correct Ireland following my first budget when I allocated £20 million to the GAA over six years. We went ahead and most people now think it was money well spent. I outlined the amounts the Government and its predecessor have given the GAA....

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: This recommendation is concerned with our current residency rules which were introduced in the Finance Act 1994 following detailed consideration by my Department and the Revenue Commissioners. They replace the previous unsatisfactory approach which was based primarily on case law and Revenue practice and reflected the development of the income tax system in the United Kingdom from its...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: It is not on my agenda to change this.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: This matter was considered long and hard by Fianna Fáil and the Labour Party. The rules we announced in the Finance Act 1994 have been in operation for ten years and that is not a long period. It has allowed certitude in this matter and I do not have proposals to change them.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: This recommendation would require that all medical examinations undertaken by employees and directors other than proprietary directors or connected persons, paid for by a company, would not be subject to the new provisions regarding benefit in kind. The cost of providing medical check-ups which employees are obliged by their employers to undergo is not regarded as a taxable benefit, and is...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: This section governs relevant contracts tax, generally referred to as RCT. It is a tax that principal contractors are obliged to deduct from payments made to certain sub-contractors in the construction, meat processing and forestry industries. There are three aspects to the amended section. The first relates to the setting up and maintenance by Revenue of a register of principal contractors...

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: I will have this matter checked out for the Senator. However, it is my understanding that the issuing of C2 certificates is tightly controlled. It would be a fair feat for an individual to obtain a C2 certificate as the Revenue have tightened it up over the years.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: I will check that for the Senator. I understand that Revenue has a register for administrative purposes. This section will provide for a formal procedure for registering new applicants for principal contractors.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: There may have been some misunderstanding on Committee Stage in the Dáil of this proposal. Some years ago I brought in a particular relief for nursing homes. It was then put to me that nursing home complexes could be seen as residential units which I brought in as a qualifying criteria. It is the reduction in the number of residential units from 20 to ten that is involved.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: Yes, such areas of activity.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: Except in the nursing homes' tax relief — it was an add-on in a previous Finance Bill that one could have residential units as part of an overall nursing homes complex. The number was 20 and it was to be reduced to ten.

Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)

Charlie McCreevy: Yes. It will satisfy those who have put forward the idea of residential nursing homes. It is one thing to provide for nursing homes as units on their own, but it is far better to provide nursing home units and sheltered accommodation. I made that addition to it in, I think, the second year. I think it relates to the fact that residential units are part of nursing homes. The Senator is right,...