Results 10,301-10,320 of 16,057 for speaker:Mary Coughlan
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: We have also dealt with the issue of taxation. This has been done on the basis of very difficult decisions. No Member of this House would take from that. The Minister for Finance referred in his opening remarks to the difficulties arising from the impact of these decisions on individuals and families. I agree that sustaining employment and creating export growth is the only way to trade...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: The Deputy missed the discussion on aspects of the budget that are outside the scope of these financial resolutions. For example, in the case of my Department, more than â¬500 million will be spent this year on enterprise, science and technology through Enterprise Ireland, the IDA, a new investment and stabilisation fund and through the county enterprise boards.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: In comparative terms, my colleagues have seen a huge reduction in their allocation, particularly in terms of their capital spend. They have made sacrifices so that my Department can continue to support enterprise despite the difficulties we currently face. An investment of â¬500 million represents a considerable commitment to employment creation and sustainability. The stabilisation of the...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: I agree it is not happening. The work that will be carried out by the Minister in the context of the new agency being set up and the consequent stabilisation of the banking sector will get us back to where we want to be.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Deputy Gilmore referred to the changes in regard to DIRT. Exemptions remain in place. For individuals aged 65 years and over, since the enactment of the Finance Act 2007, there is an exemption from DIRT where the total income, including interest, is below the annual exemption of â¬20,000 for a single person and â¬40,000 in the case of a married couple. This exemption also continues to...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: None of us would encourage people not to take out life assurance. In the present difficulties, it is a method by which we can accrue investment. Deputy Broughan referred to a capital gains tax estimate of â¬45 million, which is a full-year estimate of the 3% tax increase from 22% to 25%. The investment we expect to accrue in 2009 will be â¬625 million. Not everybody will be happy with...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: The figure is â¬1.1 billion.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Excise on tobacco are a considerable method by which taxation is collected for the Exchequer. It is also true to say - this has not been said previously on the floor of the House - that a percentage of that money is allocated to the health budget to deal with issues appertaining to smoking. I have answered as many questions as I can. The methods by which we are increasing taxation on...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: No.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: No.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: I do not know if how I will sleep at night is a technical question. I will certainly do so with a clear conscience.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Benchmarking relates to salaries. On Deputy English's question, critical illness cover is exempt. On the banking issue, a colleague of the Deputy stated earlier in the debate that this is a complex issue. I agree with that statement.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: We cannot provide for a quick fix on the floor of the House before midnight.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: I do not disagree that businesses continue to encounter difficulties in terms of accessing working capital and the normal methods by which they involve themselves in business. That being said, it is important we have a critically well examined outcome in terms of setting up the new agency. These complex issues will have to be addressed by experts and evaluated by this House. It is...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: -----â¬50 million this year and â¬50 million next year - the parameters of which I will announce soon. The matter has been worked on with Enterprise Ireland and signed off on by the European Commission under the State aid rules. We will continue to deal with the issue of competitiveness, one of the biggest challenges we face.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: There has been a reduction in energy costs with further reductions to come and this will address the issue of the cost of doing business. We have worked within this framework during the past couple of months and will continue to do so on the basis that critically we must revert to a situation whereby wealth - I regret Deputy Higgins has left the House - to this State will be such that it...
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Not necessarily.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Unlike the Fine Gael document, I will not cod the people by saying that 100,000 jobs can be created by setting up a new agency.
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: Could I just say-----
- Financial Resolution No. 10: Stamp Duties (7 Apr 2009)
Mary Coughlan: On the projected value of the-----