Results 6,101-6,120 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)

Ciarán Lynch: Is there a macroeconomic and balance mechanism or procedure that can be looked at as well?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)

Ciarán Lynch: It would appear as if the Germans have been - in breach is probably too strong a word - but certainly over the line for the past three years in that regard.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)

Ciarán Lynch: We will leave it there for the moment. I told Deputy O'Donnell that I would accommodate him and he has been accommodated. I thank the Minister and his officials for appearing before the committee this morning. I remind members that we have some administrative matters to deal with in private session when the Minister has left. I suggest that we now go into private session and allow the...

Written Answers — Department of Social Protection: Disability Allowance Appeals (14 Nov 2013)

Ciarán Lynch: 89. To ask the Minister for Social Protection when a determination will be made on an application for disability allowance in respect of a person (details supplied) in County Cork; and if she will make a statement on the matter. [48631/13]

Written Answers — Department of Finance: Redundancy Payments (20 Nov 2013)

Ciarán Lynch: 50. To ask the Minister for Finance the effect of changes to top slicing relief as applied to a redundancy package being offered to a person (details supplied); and if he will make a statement on the matter. [49637/13]

Written Answers — Department of Finance: Carbon Tax Implementation (20 Nov 2013)

Ciarán Lynch: 59. To ask the Minister for Finance if he will consider the concerns raised by a person (details supplied) in County Limerick regarding the issue of carbon taxation; and if he will make a statement on the matter. [49727/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (20 Nov 2013)

Ciarán Lynch: We will now deal with No. 7, report on decisions regarding scrutiny of EU proposals. This item is purely technical as the joint committee wishes to read into the public record the recommendations of the sub-committee on EU scrutiny and put on record the decision of the joint committee in regard to these recommendations. The following COMs were dealt with today: COM (2013) 547 - a proposal...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: We will now move on to No. 8, the proposed changes to the pay and file tax date. I welcome Mr. Mark Redmond, chief executive of the Irish Tax Institute, who is accompanied by Ms Cora O'Brien, Mr. Billy Irwin and Ms Sandra Clarke. Mr. Redmond and Ms O'Brien will make some opening remarks which will be followed by a question and answer session. I remind members, witnesses and those in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: I thank Mr. Redmond. I propose that we take ten minute slots. Is that agreed? Agreed. To get the business under way, Mr. Redmond has been involved in the consultation process with the Department of Finance on the issue and the concern is that what is a system change could result in a credit flow problem. We all have to adjust to system changes but the net consequence of this change can...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Will Mr. Redmond explain to me the modelling in terms of the predictability? Ms O'Brien spoke about certainty. We all try to get certainty but how has the modelling improved? Ms Clarke stated that the forms have become more elaborate. How has that modelling given greater certainty? I think the point Mr. Redmond is trying to make, putting aside the credit issues, is that it does not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Mr. Redmond made the point, in his opening remarks, that there is a 98% compliance rate. With businesses starting up and collapsing, that is probably as close as one will get to 100% compliance. What compliance difficulties are envisaged in moving to a date in June?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: If there is an issue, can supplemental action take place with regard to micro-businesses, farmers in the system and the institute? Can Mr. Redmond elaborate on how that works at present?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: If the proposal came into effect in June of next year there would be very obvious difficulties with people trying to turn things around in a very short period. Now that the proposal has gone to 2015, are the concerns different because the date has been pushed back?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: I accept that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Is Mr. Irwin saying that the system change will lead to credit or liquidity issues in 2015?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Let us bear in mind that it is an accountant's job to manage a client's tax affairs. He or she is not an accountancy firm and it would be bad practice to borrow to pay tax liabilities.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Exactly. Does Mr. Irwin envisage that his members may have to borrow in 2015 in order to meet their tax liabilities?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Can Mr. Irwin estimate a percentage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: Can Mr. Irwin say with some level of certainty this afternoon that some clients will have to borrow in 2015 in order to meet their tax liabilities - clients who in normal circumstances would not have to borrow?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Ciarán Lynch: I thank Mr. Irwin and call Deputy Michael McGrath.