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Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: This question relates to Irish Fiscal Advisory Council and its role. I would like to hear the Minister's view of the recent independent assessment of the Irish Fiscal Advisory Council and to state whether he intends to introduce changes or reforms to the council's work. I wish to raise also the issue of the recent fiscal assessment report from the Irish Fiscal Advisory Council which deals...

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: The Minister described the Fiscal Advisory Council’s recent report as “interesting pieces of analysis”. It is much more than that because it made some very sharp criticisms. It should be possible to establish, as a matter of fact, whether it is accurate. It states, for example, that the SPU the Minister presented and the budgetary projections do not take account of...

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: From what I hear the Minister saying, he acknowledges that while his political commentary around the spring statement was that there would be scope for an expansionary budget up to 2020, with further tax cuts beyond next year, that is not factored into the numbers.

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: That is not what the Irish Fiscal Advisory Council states.

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: There is a fundamental disagreement here between the Irish Fiscal Advisory Council's report and the Department of Finance.

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: That would be very helpful. The Minister should also accept the Fianna Fáil Party's recommendation that, as the general election approaches, the Irish Fiscal Advisory Council be given the power to cost the proposals of all the political parties and Independent Members. To do so would be to do a great service to members of the public who will have to work out all the different noises...

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: Let the general public decide on that issue. The point is that the Irish Fiscal Advisory Council is essentially arguing that known costs which the State must incur - there is no element of discretion and nothing arbitrary about these, as they are eminently predictable - have not been factored into the projections. I refer to the impact that demographics will have on public services....

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: The Minister is a practising politician.

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: The Minister has a duty to explain how the council got it wrong. These are not matters of interpretation but factual issues.

Other Questions: Irish Fiscal Advisory Council (23 Jun 2015)

Michael McGrath: It must give its view, which does not have to be a counter-view.

Credit Unions: Motion [Private Members] (23 Jun 2015)

Michael McGrath: I move:"That Dáil Éireann:agrees that:— the Government has no clear policy to support the strategic growth and development of credit unions in Ireland;notes that:— the credit union movement is critical to the economic and social well-being of communities all over Ireland with almost 3 million members and nearly 400 offices nationally; — the sector, offering...

Written Answers — Department of Finance: Credit Register Establishment (23 Jun 2015)

Michael McGrath: 114. To ask the Minister for Finance the reason for the significant delay in establishing a central credit register to date; the implications of this delay for bank lending practices; if he is satisfied that the project will be operational in 2016; and if he will make a statement on the matter. [24578/15]

Written Answers — Department of Finance: Mortgage Arrears Proposals (23 Jun 2015)

Michael McGrath: 123. To ask the Minister for Finance the status of plans for a United Kingdom based charity (details supplied) to provide assistance to bank customers in mortgage arrears; and if he will make a statement on the matter. [24579/15]

Written Answers — Department of Finance: Banking Sector (23 Jun 2015)

Michael McGrath: 124. To ask the Minister for Finance his views on the operation of a voluntary redress scheme for persons who were missold payment protection insurance on their credit card; if this will allow these persons to claim compensation, even if the product was purchased more than six years ago; the maximum amount of compensation available; if similar schemes are intended in respect of purchasers of...

Written Answers — Department of Social Protection: Social Welfare Fraud Investigations (23 Jun 2015)

Michael McGrath: 201. To ask the Minister for Social Protection the amount recovered through Operation DIRT (Deposit Interest Retention Tax) in 2013 and 2014; the total amount recovered by the Operation since its inception; her views on the implementation of the Operation to date; and if she will make a statement on the matter. [25064/15]

Written Answers — Department of Social Protection: Social Welfare Fraud Investigations (23 Jun 2015)

Michael McGrath: 202. To ask the Minister for Social Protection the top ten individual amounts recovered from social protection claimants through Operation DIRT (Deposit Interest Retention Tax) in 2014; the aggregate amount in their bank accounts; when those persons first made incorrect declarations to her Department; and if she will make a statement on the matter. [25065/15]

Written Answers — Department of Social Protection: Social Welfare Fraud Investigations (23 Jun 2015)

Michael McGrath: 203. To ask the Minister for Social Protection the top ten amounts in the bank accounts of persons who have made repayments to her Department as a result of Operation DIRT (Deposit Interest Retention Tax) since it commenced; and if she will make a statement on the matter. [25066/15]

Written Answers — Department of Finance: Tax Data (23 Jun 2015)

Michael McGrath: 233. To ask the Minister for Finance the number of estates of deceased persons in each year from 2010 where benefactors became subject to capital acquisitions tax; and if he will make a statement on the matter. [24616/15]

Written Answers — Department of Finance: Tax Code (23 Jun 2015)

Michael McGrath: 234. To ask the Minister for Finance in relation to the comment (details supplied) in the Tax Strategy Group Paper 14/05, if the relevant costings have been received from the Revenue Commissioners; and if he will make a statement on the matter. [24617/15]

Written Answers — Department of Finance: Tax Exemptions (23 Jun 2015)

Michael McGrath: 236. To ask the Minister for Finance the last occasion on which the €3,000 annual small gifts exemption for the purposes of capital acquisitions tax was changed; and if he will make a statement on the matter. [24663/15]

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