Results 18,041-18,060 of 27,945 for speaker:Michael McGrath

Finance Bill 2018: Report Stage (Resumed) (21 Nov 2018)

Michael McGrath: I thank the Minister for his response and acknowledge the spirit in which he has offered those words. He has given a commitment to seek to explore and stretch whatever flexibility may be available in the course of discussions with the European Commission. The regional uplift has been welcomed as a positive step but I ask the Minister to consider it from the perspective of people involved in...

Finance Bill 2018: Report Stage (Resumed) (21 Nov 2018)

Michael McGrath: This issue has been debated at length. Does the Minister accept that the Exchequer would taken in an additional €750 million if he made this change? The cap would apply in respect of the capital allowances associated with the intellectual property that was onshored during the window. Does he accept that? Can he again outline for the House the reasons he decided not to do that?...

Written Answers — Department of Finance: Tax Yield (21 Nov 2018)

Michael McGrath: 120. To ask the Minister for Finance the discretionary revenue raising measures in each of the years up to 2023, in tabular form, corresponding to row h. of table 3 in the 2018 ummer Economic Statement. [48575/18]

Written Answers — Department of Finance: Government Expenditure (21 Nov 2018)

Michael McGrath: 121. To ask the Minister for Finance if the capital allocations outlined in the National Development Plan are included both in the general Government expenditure figure and the gross fixed capital formation figure in table A8 of the Budget 2019 Economic and Fiscal Outlook; and if he will make a statement on the matter. [48576/18]

Written Answers — Department of Finance: Government Expenditure (21 Nov 2018)

Michael McGrath: 122. To ask the Minister for Finance the precommitted expenditure in each of the years up to 2023, in tabular form, corresponding to row j of table 3 in the 2018 summer economic statement; if he will divide this between demographics and capital expenditure, that is, divided into nominal and rolled over four years; and if he will make a statement on the matter. [48577/18]

Written Answers — Department of Finance: Government Deficit (21 Nov 2018)

Michael McGrath: 123. To ask the Minister for Finance the projected structural deficit for the scenario outlined in table A8 of the Budget 2019 Economic and Fiscal Outlook; and if he will make a statement on the matter. [48578/18]

Written Answers — Department of Health: Services for People with Disabilities (21 Nov 2018)

Michael McGrath: 181. To ask the Minister for Health his plans to make personalised budgets available for persons with a disability as an alternative to an adult day service; and if he will make a statement on the matter. [48609/18]

Written Answers — Department of Employment Affairs and Social Protection: Social Insurance (21 Nov 2018)

Michael McGrath: 241. To ask the Minister for Employment Affairs and Social Protection the class of PRSI paid by persons under 66 years of age in respect of income from an approved retirement fund; if such PRSI paid is reckonable for the purposes of the State pension (contributory); and if she will make a statement on the matter. [48608/18]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Brexit Issues (22 Nov 2018)

Michael McGrath: 1. To ask the Minister for Finance the work being undertaken by his Department and agencies under his aegis such as the Revenue Commissioners to prepare for all possible Brexit scenarios at the end of March 2019; and if he will make a statement on the matter. [48709/18]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Brexit Issues (22 Nov 2018)

Michael McGrath: The purpose of this question is to afford the Minister an opportunity to update the House on the work his Department and agencies under its aegis, especially the Revenue Commissioners, are doing to prepare for Brexit and particularly all possible scenarios in that context. We discussed this issue last month in dealing with Priority Questions and I hope the Minister can update the House on it...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Brexit Issues (22 Nov 2018)

Michael McGrath: There has been some progress, with 43 trade facilitation staff recruited by the Revenue Commissioners. I understand the training programme has a duration of five weeks and the Minister has confirmed that the Revenue Commissioners remain on target to have 200 extra staff in place by the end of next March. Presumably, this phase of the recruitment process will end next February to have all of...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Brexit Issues (22 Nov 2018)

Michael McGrath: I have been teasing out the latter issue through parliamentary questions. A significant amount of financial services activity here, consumer facing financial services, is based on the freedom of movement of services. Therefore, it is based on the operation of a branch or the passporting provisions. Avoiding any disruption will require a change in the regulatory status of some of these...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: NAMA Operations (22 Nov 2018)

Michael McGrath: 3. To ask the Minister for Finance the status of the work of the National Asset Management Agency, NAMA; the expected surplus to be returned to the State; the way in which it will be used; when the agency will be wound up; and if he will make a statement on the matter. [48710/18]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: NAMA Operations (22 Nov 2018)

Michael McGrath: NAMA is an agency that does not tend to be discussed here until controversies arise. I want to receive an update on its work, the surplus it is expected to return, the number of loans that remain on its books, when it expects to be wound up and what the Minister intends to do with the surplus he expects to be delivered.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: NAMA Operations (22 Nov 2018)

Michael McGrath: On the end-of-life strategy, did the Minister state it will be the end of 2021 before the agency is wound up? My understanding until now was that the projected date for the winding up of the agency was 2020. The Minister might deal with that issue. Will the Minister give me an update on the carrying value of loans that remain with NAMA? At the end of 2017, the figure was €3.2...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: NAMA Operations (22 Nov 2018)

Michael McGrath: The surplus has to be put in the context of the crystallisation of losses of over €40 billion when the NAMA transfers went through from 2009 and 2010 onwards. On the timeline, there is a need for clarity on the work NAMA will be undertaking from the date of the last portfolio sale which, if I heard him correctly, the Minister has signalled is likely to be at the end of this year....

Ceisteanna Eile - Other Questions: Tax Code (22 Nov 2018)

Michael McGrath: The Minister needs to clarify whether this is a stay of execution or a review of what has already been decided. Will he tell us what Revenue found when it reviewed certain categories of employment? What was the outcome of that review? Was there any consultation with the representative bodies as part of that review? Is it Revenue's case that tax relief is granted in respect of a level of...

Ceisteanna Eile - Other Questions: Tracker Mortgage Examination (22 Nov 2018)

Michael McGrath: 15. To ask the Minister for Finance the status of the tracker mortgage examination; the amount paid out to date for redress and compensation; when all affected customers will receive payment; and if he will make a statement on the matter. [48565/18]

Ceisteanna Eile - Other Questions: Tracker Mortgage Examination (22 Nov 2018)

Michael McGrath: My question relates to the tracker examination at a broader level. It is now three years since the tracker investigation commenced. As of last month, the most recent update to the finance committee from the Governor of the Central Bank was to the effect that 10% of the identified effected customers had still not received redress and compensation. In effect, they have still not been given...

Ceisteanna Eile - Other Questions: Tracker Mortgage Examination (22 Nov 2018)

Michael McGrath: On the numbers, the figure of 93% was reached by including the 7,100 pre-examination cases, which go back a number of years. We teased all of this out on Committee Stage. The figure in the current examination is 10%, which is more than 3,000 customers who have still not received redress and compensation. The banks know who they are, their name, their address, their mortgage account number...