Results 461-480 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: I remind members that the Governor of the Central Bank will be before the committee on Tuesday, 20 December-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: -----and we might raise with him the concerns expressed at this meeting along with other concerns.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: That is a fair point and it is the very point we made throughout six or seven days of hearings on the insurance industry, and it is reflected in the report on motor insurance. We just do not know. Mr. O'Keeffe's submission alluded to the 20% that goes to the Personal Injuries Assessment Board, PIAB, the 10% that goes to the courts and the 70% of which we have zero visibility. Would Mr....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: The committee was informed that in a typical year, 8% of motor insurance premia paid out and 92% of people were contributing and not getting anything back. What is the claims rate? Some pubs might have two or three claims while others might have none for years. We do not have an idea of the percentage of claims relating to pubs.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: Addressing the two-year provision seems to be most obvious and easy quick fix. Nobody would get away with coming in 23 months and 30 days after an incident to make a claim in any other business or industry. A week, a fortnight or 30 days would be adequate. The committee did not appreciate the lack of competition. There are technically 24 operators in the motor insurance market but, in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: To make the insurance market more attractive.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: Mr. Cribben referred to turnover figures for alcohol. Is that solely alcohol sales per pub or are food, off licence drinks, crisps, etc., included?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: But not food.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: And not soft drinks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Costs of Business Insurance: Discussion (1 Dec 2016)

Gerry Horkan: I thank the witnesses for appearing before the committee. I wish to echo what was said earlier. The pub trade, both urban and rural, is a vital part of all our communities. I value the work that all the witnesses are doing in Dublin and elsewhere across the country. It is a meeting place which provides an opportunity for people to gather together, thus combatting both rural and urban...

Seanad: Social Welfare Bill 2016: Committee Stage (6 Dec 2016)

Gerry Horkan: I was a councillor for 12 and a half years. My understanding is that class K was always there, but it was there at 0%. Class K existed, but one paid nothing and got nothing. I raised this back in 2011 at a Local Authorities Members Association, LAMA, conference when Deputy Joan Burton was the then Minister for Social Protection. The issue is that people are paying into a scheme that is...

Seanad: Social Welfare Bill 2016: Committee Stage (6 Dec 2016)

Gerry Horkan: That is okay for Senator Norris. The only people in the entire public service who do not get some form of cover for their PRSI payment are these officeholders, local authority members, members of the Judiciary, Deputies and Senators. I raise this issue on behalf of the councillors. What is the idea of one paying 4% of one's entire salary into a PRSI fund with no single benefit for a class...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: It was mentioned at the beginning of the meeting that this is a technical briefing rather than a political debate. I would like members to be aware of that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: I have a couple of issues to raise. Many of the points have been covered. We are referring to a corporate tax base and there were references to income tax. It has nothing to do with income tax at all. May I make a point that follows on from that of Deputy Paul Murphy? What is proposed will not necessarily eliminate or reduce tax avoidance, which is also known by some people as tax...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: Mr. Hession and Deputy Michael McGrath stated the base we have is relatively wide by international or EU standards. It is almost a mathematical equation in that if the base is narrowed and the rate is not changed – we do not want to change the rate – we will effectively be collecting less, even if the other rules were left before going near the sales location, or the location...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: The Department is relying on older analysis and doing its own analysis. When is the latter likely to be published or available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: With regard to the new CCCTB assessment, transfer pricing is effectively gone.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: Does the €750 million refer to global turnover as opposed to just EU turnover or turnover out of a unit that operates out of Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: Can you identify at this stage how many companies based in Ireland and paying corporation tax in Ireland meet the €750 million threshold? Are they all multinational companies? Are there any indigenous companies that meet that figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Gerry Horkan: You have said it is a work in progress. Since this has been going on for 15 years, I imagine it will take a while longer. It requires unanimity. Do we have an idea of the position of other countries? Obviously, some countries stand to benefit from it more than others. Several countries will be subject to a negative rather than a positive impact. Do we have an idea as to which countries...