Results 15,801-15,820 of 27,945 for speaker:Michael McGrath

Ceisteanna - Questions - Priority Questions: Insurance Industry (30 Nov 2017)

Michael McGrath: I ask the Minister of State to clarify when the next tranche of payments from the ICF can be made. I know, for example, that approximately one third of the outstanding claims have had the first payment made, which is up to 65% or €825,000 but my understanding is that such payments can only be made every six months. I ask the Minister to clarify when the next bundle of payments will...

Other Questions: Banking Sector Regulation (30 Nov 2017)

Michael McGrath: 7. To ask the Minister for Finance the actions taken by the Central Bank in relation to the placing of 2,141 SME companies in the Global Restructuring Group, GRG, by a bank (details supplied); his views on whether there is scope for a formal review by the Central Bank; and if he will make a statement on the matter. [50798/17]

Other Questions: Banking Sector Regulation (30 Nov 2017)

Michael McGrath: This issue relates to Ulster Bank's Global Restructuring Group, GRG, in Ireland. Between 2008 and 2013 over 2,100 SME customers were put into GRG, with loans of between €1 million and €25 million and a total portfolio value in the region of €14 billion, I think, but I will have to double check that figure. The issue is the role of the Central Bank in dealing with the...

Other Questions: Banking Sector Regulation (30 Nov 2017)

Michael McGrath: The central allegation is that the GRG was something of a graveyard for businesses and that Ulster Bank, much like Royal Bank of Scotland, RBS, in the United Kingdom, acted inappropriately and very aggressively in the appointment of receivers and liquidators, with the ultimate objective of gaining control of the assets of the underlying business. That is the central allegation. Last month...

Other Questions: Banking Sector Regulation (30 Nov 2017)

Michael McGrath: I thank the Minister for his reply. I respect the independence of the Central Bank and it is true that while matters are ongoing, it does not disclose actions relating to individual institutions. However, Deputies deserve some more information on what the word "engaged" means in this context. The Minister has indicated that the Central Bank is engaged in this issue. We know what the...

Written Answers — Department of Finance: Motor Insurance Costs (30 Nov 2017)

Michael McGrath: 15. To ask the Minister for Finance the status of the second phase of the cost of insurance working group in relation to employer liability and public liability; when the working group will come forward with recommendations; and if he will make a statement on the matter. [50796/17]

Written Answers — Department of Finance: Paradise Papers. (30 Nov 2017)

Michael McGrath: 33. To ask the Minister for Finance if wrongdoing occurred in relation to Irish persons or companies in view of the work undertaken by the Revenue Commissioners to determine the publication of the Paradise Papers; if it has identified particular loopholes that were availed of to legally evade tax in offshore jurisdictions; the action he has taken in relation to the State supported banks that...

Written Answers — Department of Finance: Banking Sector (30 Nov 2017)

Michael McGrath: 46. To ask the Minister for Finance his views on developing a public banking model here similar to the model (details supplied) in Germany; and if he will make a statement on the matter. [50799/17]

Written Answers — Department of Finance: European Court of Justice Rulings (30 Nov 2017)

Michael McGrath: 55. To ask the Minister for Finance the progress made in setting up the escrow account for the money owed by a company (details supplied); when it will be established; when the Commission's decision against the State for the delay in collecting money from the company will be heard by the European Court of Justice; the scope that is there for the Commission to remove its decision against the...

Written Answers — Department of Finance: Fiscal Data (30 Nov 2017)

Michael McGrath: 74. To ask the Minister for Finance the projected figures for net fiscal space in each of the years 2019 to 2023; and if he will make a statement on the matter. [51339/17]

Written Answers — Department of Finance: Tax Code (30 Nov 2017)

Michael McGrath: 75. To ask the Minister for Finance the first and full year cost of increasing the year limit for the special assignee relief programme from five to ten years; and if he will make a statement on the matter. [51340/17]

Written Answers — Department of Finance: Tax Code (30 Nov 2017)

Michael McGrath: 76. To ask the Minister for Finance the first and full year cost of reducing the €75,000 limit to €60,000, to €50,000 and to €40,000, respectively, for the special assignee relief programme; and if he will make a statement on the matter. [51341/17]

Written Answers — Department of Finance: Tax Code (30 Nov 2017)

Michael McGrath: 77. To ask the Minister for Finance his plans to extend the special assignee relief programme (SARP) to employees employed from outside the organisation rather than restricting it to employees moving within an organisation; the cost of increasing the scope of SARP; and if he will make a statement on the matter. [51342/17]

Written Answers — Department of Finance: Universal Social Charge Data (30 Nov 2017)

Michael McGrath: 78. To ask the Minister for Finance the first and full year costs of decreasing the non-PAYE USC surcharge from 3% to 2%, to 1%, to nil, respectively; the estimated number of persons affected by such a change; and if he will make a statement on the matter. [51343/17]

Written Answers — Department of Finance: Tax Data (30 Nov 2017)

Michael McGrath: 79. To ask the Minister for Finance the number of self employed persons that will benefit from an increase in the earned income tax credit; and if he will make a statement on the matter. [51344/17]

Written Answers — Department of Finance: Tax Data (30 Nov 2017)

Michael McGrath: 80. To ask the Minister for Finance the first and full year cost of increasing the earned income tax credit from €950 to €1,650; and if he will make a statement on the matter. [51345/17]

Written Answers — Department of Finance: Tax Data (30 Nov 2017)

Michael McGrath: 81. To ask the Minister for Finance the first and full year cost of increasing the home carer tax credit from €1,100 to €2,000; and if he will make a statement on the matter. [51346/17]

Written Answers — Department of Finance: Deposit Interest Rates (30 Nov 2017)

Michael McGrath: 82. To ask the Minister for Finance the estimated cost of reducing exit tax on life assurance policies from 41% to 39%; the estimated cost each year of linking the exit tax to DIRT reductions until they both reach 33%; and if he will make a statement on the matter. [51347/17]

Written Answers — Department of Finance: Tax Data (30 Nov 2017)

Michael McGrath: 83. To ask the Minister for Finance the estimated cost of creating a childcare support tax credit for parents of €2,000, €4,000, €6,000 and €8,000 respectively; and if he will make a statement on the matter. [51348/17]

Written Answers — Department of Finance: Fiscal Data (30 Nov 2017)

Michael McGrath: 84. To ask the Minister for Finance the cost that is included in the fiscal space for mortgage interest relief in each year to 2021; and if he will make a statement on the matter. [51349/17]