Results 18,421-18,440 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: Does the national authority, in this case the Revenue Commissioners, have any discretion in the application of the customs rules in respect of trade with a third country or are they essentially acting as an agent of the European Commission?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: Have the Revenue Commissioners done a calculation of approximately how much would be collected on the basis of existing trade with the UK in the event of the UK becoming a third country?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: There is no estimate based on existing trade.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: In May 2017, when we had a meeting with the former Commissioner, Mr. Orban, Mr. Cody mentioned this point. The Commissioner set out the details of the electronic customs declaration and said that between 6% and 8% of the traffic would need to be the subject of some form of check, whether of documentation or in the form of a physical inspection. Is that still an accurate estimate? Mr. Cody...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: I think Mr. Cody means 6% and 8%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: I am looking for confirmation that the figure remains broadly accurate. It will not happen overnight but, in the event of the UK being a third country, there will be some 1.5 million physical inspections or movements having to be checked for documentation. Given movements of some 2.3 million, it will mean between 100,000 and 200,000 checks on goods going across the Border. Can Mr. Cody...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: I will ask my two final questions because my time is limited. Was political direction given to the Revenue around the summer of 2017 to change its approach to making preparations for Brexit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: Mr. Cody said that, based on the benign scenario of a deal and a transition period, Revenue determined that an additional 600 staff would be required. Does he have an estimate of what would be needed in the event of a no-deal Brexit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: That 600 was based on the central scenario-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: -----of a transition period and then a trade deal, which is very different from a no-deal Brexit.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit Preparedness and Related Matters: Revenue Commissioners (24 Jan 2019)

Michael McGrath: So 600 is the number even if there is not a deal.

National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (Resumed) (29 Jan 2019)

Michael McGrath: I will share my time with Deputy Fleming. I welcome the opportunity to contribute to the Second Stage debate on the National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018 - it is quite a mouthful - or, what has become known as a rainy day fund. The events of recent months underline and reinforce the need for a fiscal buffer to be put in place. It makes for very sound...

National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Second Stage (Resumed) (29 Jan 2019)

Michael McGrath: That is not what I said.

No Consent, No Sale Bill 2019: Second Stage [Private Members] (29 Jan 2019)

Michael McGrath: I am sharing my time with Deputy McGuinness and we will have ten minutes each. I would like to express my personal condolences to Deputy Pearse Doherty, the Leas-Cheann Comhairle, the other Oireachtas Members from Donegal, their constituents and, above all else, the families of the four young men who tragically died in the road accident at the weekend. It was a devastating event and it...

Written Answers — Department of Finance: Home Building Finance Ireland Establishment (29 Jan 2019)

Michael McGrath: 164. To ask the Minister for Finance when Home Building Finance Ireland will be fully established; when funding will be issued; when applications will be submitted; if applications have been submitted; if so, the number and value of each; and if he will make a statement on the matter. [3915/19]

Written Answers — Department of Finance: Employment Investment Incentive Scheme (29 Jan 2019)

Michael McGrath: 169. To ask the Minister for Finance further to Parliamentary Question No. 69 of 22 November 2018, the penalties that will be imposed on a company that issues an incorrect statement of qualification under the EII scheme; the penalties if the incorrect statement was intentional or unintentional, respectively; and if he will make a statement on the matter. [4033/19]

Written Answers — Department of Finance: Mortgage Interest Rates (29 Jan 2019)

Michael McGrath: 172. To ask the Minister for Finance the contingencies in the event vulture funds increase the interest rate on mortgage loans significantly in excess of market rates; and if he will make a statement on the matter. [4205/19]

Written Answers — Department of Finance: Knowledge Development Box (29 Jan 2019)

Michael McGrath: 174. To ask the Minister for Finance the number of companies that availed of the knowledge development box in 2018; the cost of same in 2018; and if he will make a statement on the matter. [4239/19]

Written Answers — Department of Finance: NAMA Operations (29 Jan 2019)

Michael McGrath: 177. To ask the Minister for Finance his views on the development that NAMA is involved in regarding the orders to quit for tenants living in an area (details supplied); and if he will make a statement on the matter. [4305/19]

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (29 Jan 2019)

Michael McGrath: 179. To ask the Minister for Finance the clinical guidelines and methodology used to determine whether an applicant qualifies for a primary medical certificate; the policy in place to ensure applications are dealt with on a consistent basis; and if he will make a statement on the matter. [4342/19]