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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)

Michael McGrath: They are quite common. The first loans to be sold were sold, what, four or five years ago? How much experience is there now across the witnesses' organisations of dealing with this issue? I know it is building and growing all the time as more and more loans are sold, but there must be several years of experience now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)

Michael McGrath: On owner-occupier mortgages and Mr. Kissane's experience of the types of arrangements the funds are willing to come to, will they do long-term mortgage restructures? Will organisations such as Lone Star, Cerberus, Oaktree and Tanager do basic restructures such as extending the term and interest only arrangements, which Mr. Kissane mentioned, or split mortgages? Although they do not have a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)

Michael McGrath: Mr. Kissane asked what happens in the end when loans are warehoused. I put that question back to him. There is approximately €1.5 billion of warehoused debt under split mortgages, with the average loan in the region of €50,000. If somebody enters into a restructure, her or she will pay the active part of the mortgage but ten or 15 years down the line when the mortgage comes...

Written Answers — Department of Health: Occupational Therapy Waiting Lists (23 Oct 2018)

Michael McGrath: 105. To ask the Minister for Health the action being taken to address the long waiting times for paediatric occupational therapy appointments in County Cork. [43582/18]

Written Answers — Department of Finance: Electric Vehicles (23 Oct 2018)

Michael McGrath: 201. To ask the Minister for Finance the reason it is planned to place a cap of €50,000 on the original market value for the extension of benefit-in-kind on electric vehicles; the number of electric cars purchased under benefit-in-kind in 2018; the number of those purchases greater than €50,000; the number of electric vehicles on sale here for €50,000 or less; and if he...

Written Answers — Department of Finance: Electric Vehicles (23 Oct 2018)

Michael McGrath: 204. To ask the Minister for Finance the estimated cost in addition to the €3 million provided for in budget 2019 documents if the €50,000 cap is removed for the extension of the 0% benefit-in-kind rate for electric vehicles; and if he will make a statement on the matter. [43340/18]

Written Answers — Department of Finance: Structural Budget Balance (23 Oct 2018)

Michael McGrath: 211. To ask the Minister for Finance the projected structural balance each year from 2019 to 2023 inclusive, both in money terms and as a percentage of GDP; and if he will make a statement on the matter. [43511/18]

Written Answers — Department of Finance: Fiscal Policy (23 Oct 2018)

Michael McGrath: 212. To ask the Minister for Finance the available fiscal stance after annual contributions to the rainy day fund each year to 2023 (details supplied); the projected general Government balance and the structural Government balance in each of the years based on the projections announced on budget day, in tabular form; and if he will make a statement on the matter. [43512/18]

Written Answers — Department of Finance: VAT Rate Application (23 Oct 2018)

Michael McGrath: 213. To ask the Minister for Finance if under existing domestic and EU VAT law it is possible to apply different rates to different transactions under the same class of activity depending on the value of the business turnover or the value of the individual transaction; and if he will make a statement on the matter. [43517/18]

Written Answers — Department of Finance: VAT Rate Application (23 Oct 2018)

Michael McGrath: 215. To ask the Minister for Finance if he will address a matter raised in correspondence (details supplied) regarding VAT; and if he will make a statement on the matter. [43634/18]

Written Answers — Department of Finance: Brexit Staff (23 Oct 2018)

Michael McGrath: 216. To ask the Minister for Finance the steps he has taken to date to recruit extra staff for the Revenue Commissioners to deal with Brexit; when the first recruits will join; the length of training that will be required for these new staff; the number that will be in place as at 29 March 2019; and if he will make a statement on the matter. [43672/18]

Written Answers — Department of Finance: Brexit Staff (23 Oct 2018)

Michael McGrath: 217. To ask the Minister for Finance the number of extra staff the Revenue Commissioners requires by 29 March 2019 in the event of a no-deal Brexit with no transition period; and if he will make a statement on the matter. [43673/18]

Written Answers — Department of Finance: Brexit Staff (23 Oct 2018)

Michael McGrath: 218. To ask the Minister for Finance further to Parliamentary Question Nos. 166, 168, 169 and 173 of 2 October 2018, the breakdown of the functions to which these 600 staff will be assigned; when the Revenue Commissioners require to have these staff in place; and if he will make a statement on the matter. [43674/18]

Written Answers — Department of Finance: Brexit Staff (23 Oct 2018)

Michael McGrath: 219. To ask the Minister for Finance further to Parliamentary Question Nos. 166, 168, 169 and 173 of 2 October 2018, if this includes veterinary inspectors; and if he will make a statement on the matter. [43675/18]

Written Answers — Department of Finance: Imports Data (23 Oct 2018)

Michael McGrath: 221. To ask the Minister for Finance the quantity in tonnes and value of imports from outside the European Union, EU, that were physically checked, that is, red, by the Revenue Commissioners upon entry in 2016, 2017 and to date in 2018; the quantity and value of imports from outside the EU that underwent documentary checks, that is, orange, by the Revenue Commissioner in these years; the...

Written Answers — Department of Finance: Revenue Commissioners (23 Oct 2018)

Michael McGrath: 222. To ask the Minister for Finance if all goods imported from the European Union, EU, require no checks by the Revenue Commissioners, that is, green; if not, the quantity in tonnes and value of imports from within the EU that were physically checked, that is, red, by the Revenue Commissioners upon entry in 2016, 2017 and to date in 2018; the quantity and value of imports from within the EU...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (23 Oct 2018)

Michael McGrath: 223. To ask the Minister for Finance the number of applications made to the Revenue Commissioners under the disabled drivers and disabled passengers tax concession scheme in each of the years 2014 to 2017; the number approved and rejected, respectively in tabular form; his plans to review the terms of the scheme; and if he will make a statement on the matter. [43711/18]

Written Answers — Department of Finance: Help-To-Buy Scheme Administration (23 Oct 2018)

Michael McGrath: 226. To ask the Minister for Finance when he plans to make and announce a decision on the future of the help-to-buy scheme; if he has received or is expecting to receive a cost-benefit analysis or other report on the scheme; and if he will make a statement on the matter. [43852/18]

Written Answers — Department of Finance: Banking Sector Regulation (23 Oct 2018)

Michael McGrath: 227. To ask the Minister for Finance if consultation or consent is required of the Minister only on material matters under paragraphs 10 to 12 of the relationship framework for a bank (details supplied); the number of times the Minister's consent or consultation was required by him in relation to the bank under paragraph 10 of the relationship framework; the dates this consent and a...

Written Answers — Department of Finance: Banking Sector Regulation (23 Oct 2018)

Michael McGrath: 228. To ask the Minister for Finance if consultation or consent is required of the Minister only on material matters under paragraphs 10 to 12 of the relationship framework for a bank (details supplied); the number of times the Minister's consent or consultation was required by him in relation to the bank under paragraph 10 of the relationship framework; the dates this consent and or...

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