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Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: We cannot have children living in hotels.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: We understand.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: There is lots of confidence, but there is no supply. There is certainly no housing supply for the thousands of children who will be living in hotels this Christmas.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: I move recommendation No. 1:In page 9, to delete lines 18 and 19 and substitute the following:"(a) In paragraph (a), by substituting "€1,400" for "€950", and (b) In paragraph (b), by substituting "€1,400" for "€950".". This recommendation seeks a €450 increase in the self-employed tax credit. It will always be difficult to match PRSI with the...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: I move recommendation No. 4:In page 24, between lines 5 and 6, to insert the following: “14. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on how he will monitor on an ongoing basis the effectiveness and the value for money of the Help to Buy scheme.” This recommendation concerns the help to buy scheme....

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: Senator Horkan must obviously be expecting an election.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: We are always listening. We are the listening party.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: Yes.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: May I speak to this section?

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: As currently drafted, the Finance Bill would only apply the cap provided for in this section to assets onshored from 11 October this year. This means that hundreds of billions of euro transferred here in recent years, especially in 2015, can still be used by companies to potentially neutralise their corporation tax bills. We believe this is totally unacceptable. In this regard, I welcome...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: We cannot accept section 25 and we will call for a vote.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: Yes, we did.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: I move recommendation No. 6:In page 45, between lines 19 and 20, to insert the following:“26. The Minister shall, within six months from the passing of this Act, prepare and lay before Dáil Éireann a report on options available to restrict banks from carrying forward losses against taxable profits of the banks, which could result in many institutions paying no corporation tax...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: I move recommendation No. 7:In page 58, after line 31, to insert the following:"55.The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the costs and economic benefits of exempting the sale of motorvans from VRT.". This amendment proposes that the rate of VRT which applies to certain vehicles should be looked at because the...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Rose Conway Walsh: I move recommendation No. 8:In page 61, between lines 24 and 25, to insert the following:“59. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the costs and economic benefits of maintaining a 9 per cent VAT rate on hotel beds.”. There is a huge occupancy rate, especially in Dublin where many hotels are...

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Rose Conway Walsh: I appreciate the extra time to finish discussing the recommendation. I am aware of the problems of rural as opposed to Dublin-based hotels, which are heavily over-subscribed. However, many other cities have a local hotel tax which is something I urge the Minister of State to look at. It is a possible way to distinguish between cities and rural Ireland. I accept the point around tax bands,...

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Rose Conway Walsh: The Minister of State is being obtuse.

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Rose Conway Walsh: I did not tarnish all employers in the sector. I referred to some employers.

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Rose Conway Walsh: I referred only to some employers.

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Rose Conway Walsh: The Minister of State is being obtuse.

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