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Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: But it is not net of income tax. If there is wage growth of 10%, real net wage growth might only be 6%.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Gross wages are the ESRI's measure.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I often think that is a bit misleading because net wages are what counts.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Unless the tax rate changes then-----

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I have two snappy questions in the last minute. Does the ESRI do long-term forecasts of, for example, five, ten or 20 years?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Economic.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: How long is the farthest forecast?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: This is my last question. Are we putting away enough in the different rainy-day funds that we talk about? If not, how much more would Dr. O'Toole suggest we put away? I know he was asked this earlier as a general question and that he probably cannot be specific on it. Does he have any specific recommendations?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I will take less.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I will come back in because I did not have time in my first contribution. This is slightly related to Deputy Neville's point. We hear the phrase "windfall taxes" thrown around a lot. Is there an exact definition of it? Can someone tell me exactly how much it is? I can work out how much it is. The underlying deficit this year is €4.2 billion. Next year, it is going to be...

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Is that written anywhere?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Is that written anywhere? Can I look up somewhere that will tell me it is based on these corporations and-----

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Okay. I thank Dr. O'Toole.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Has the ESRI produced figures on that that I can read up on?

Written Answers — Department of Finance: Tax Collection (15 Jul 2025)

Edward Timmins: 125. To ask the Minister for Finance if he will consider a review of the operation of the property tax. [39280/25]

Written Answers — Department of Finance: Tax Code (15 Jul 2025)

Edward Timmins: 154. To ask the Minister for Finance if he will consider increasing the VAT registration requirement on supply of services from its current very low value of €42,500 and examine an increase to all of the thresholds.; and if he will make a statement on the matter. [39279/25]

Written Answers — Department of Finance: Tax Code (15 Jul 2025)

Edward Timmins: 342. To ask the Minister for Finance if he will increase the VAT registration requirement on supply of services from its current very low value of €42,500 and look at increasing all the thresholds. [39676/25]

Ceisteanna Eile - Other Questions: Enterprise Support Services (10 Jul 2025)

Edward Timmins: 91. To ask the Minister for Culture, Heritage and the Gaeltacht the strategies he has to develop long-term employment in rural Ireland; and if he will make a statement on the matter. [38307/25]

Ceisteanna Eile - Other Questions: Enterprise Support Services (10 Jul 2025)

Edward Timmins: Many people in Ireland commute to work and spend a long time in traffic. Many of these people's jobs are not conducive to working from home. This is a cost in terms of finance, time and family life. Rural employment must be supported. I welcome the successful roll-out of the national broadband plan, which is ahead of schedule and under budget. What strategies do the Minister and his...

Ceisteanna Eile - Other Questions: Enterprise Support Services (10 Jul 2025)

Edward Timmins: Employment brings life to rural Ireland and helps support our unique culture, including things like the GAA and many other traditions that are part of our culture and such a positive part of our society. In particular, can the Minister look at ways of supporting the economic development sections of our county councils? Some have significant resources but many, including my County Wicklow,...

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