Results 1,741-1,760 of 4,928 for speaker:Peter Mathews
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: I will put my gag back on.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is post-natal depression and lots of things that people have not costed.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: I have just a small question. Take, for instance, a single premium pension policy payment seven years ago of €25,000 by a taxpayer who paid a marginal rate at the time of 42%. That single premium payment has gone into a fund that is worthless now and there will be a finalised, realised write-off of that €25,000. Surely the net of tax or after tax investment by that pension...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: Relief was at 42% or €10,500.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is €14,500 of a loss and no pension.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is no way at the moment in the taxation code to-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: Yes, and there is a lot of that happening at the moment. In fact, Irish Life has a very big scheme that is going to declare a complete write off for people of nearly €30 million.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: The Minister is talking to one of the wounded.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: It is an Irish Life policy by the way and the ---
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: The lender is PTSB. This is important.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is about €70 million of loans being repaid.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: I am off to lick my wounds now.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: I thank the Chairman for his kind offer.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: It is an employment grant by another name. If there was a time limit on it, it would have the effect of clawing back a grant.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: In the hands of the investors, REITs are treated the same way as rental income. Are they taxed accordingly?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: For a private investor investing in let property, there is an interest restriction on the amount allowable as an expense. However, a REIT is allowed all of the interest incurred as an expense in arriving at taxable profits in the hands of investors. Is there an anomaly?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: To preserve a sense of fairness, should the conditions not be adjusted so that individual investors have the same allowance as an investor in a REIT?
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I welcome the witnesses and our visitors who are receiving these allowances and grants. I hope they will continue to do so without any further worries. We have an opportunity to make that commitment in meaningful words that will ensure that. At the moment some €10.6 billion has been armour plated for application to these groups.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I am sorry. I have just come from the Oireachtas Joint Committee on Finance, Public Expenditure and Reform.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: Some 4,700 people are receiving the mobility allowance. At approximately €2,500 per person the annual figure should be €11.7 million. If it were to rise to €100 million on the basis of the estimates Ms Fitzpatrick did, it suggests a nine or tenfold jump in just the annual payment envisaged. Is it huge numbers of people by virtue of age cut-off points or other...