Results 20,921-20,940 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michael McGrath: Up to 90% of what NAMA has sold went to US buyers, the vast majority of whom are in private equity funds. Is that fair to say?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michael McGrath: In his opening remarks, Mr. McDonagh made it very clear that NAMA's position is to get the best return for the State and any decision taken by the prospective purchaser subsequently is a commercial decision. Does NAMA take an opinion on the attitude of the prospective purchaser of a going concern who plans to shut down the business to asset strip it and sell it in parts, even if that causes...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michael McGrath: Even if the purchaser said that, would it matter to NAMA? I am trying to get a straight answer on that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michael McGrath: Any wider implications for economic development is none of NAMA's concern. I am giving Mr. McDonagh an opportunity to defend his position because I think it is clear. NAMA will sell to the highest bidder irrespective of the bidder's intentions for the assets and the consequences, which may be positive or negative, for the economy. Is that NAMA's position?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functions: National Asset Management Agency (22 Oct 2014)

Michael McGrath: I welcome Mr. Daly, Mr. McDonagh and the other guests. It is hard to know where to start as NAMA is such a big and powerful animal in the country at present. I will cover some main points, and I hope to come back in later if I can. I will start with the global issue of NAMA’s performance and the expected outturn when it is eventually wound down. I am aware of the 80% target to...

Leaders' Questions (22 Oct 2014)

Michael McGrath: Work?

Written Answers — Department of Finance: Tax Credits (22 Oct 2014)

Michael McGrath: 48. To ask the Minister for Finance if a person will be able to claim both the water charge tax credit and the €100 payment as a recipient of the household benefits package; and if he will make a statement on the matter. [40501/14]

Written Answers — Department of Environment, Community and Local Government: Irish Water Administration (22 Oct 2014)

Michael McGrath: 197. To ask the Minister for Environment, Community and Local Government the number of Irish Water application packs which were issued; the number that have been returned to date; and if he will make a statement on the matter. [40500/14]

Irish Fiscal Advisory Council's Pre-Budget 2015 Statement: Statements (21 Oct 2014)

Michael McGrath: I am pleased that Members are having this debate for which Fianna Fáil pressed in recent weeks. I believe Members should not be holding it during the graveyard shift of the House, as it warrants much greater attention than it is likely to receive given the hour in which the debate is occurring. However, my overall message for the fiscal council is to continue with and to stick with...

Written Answers — Department of Social Protection: Social Welfare Code (21 Oct 2014)

Michael McGrath: 157. To ask the Minister for Social Protection the number of households who are likely to be ineligible for either the €100 payment in respect of water charges and by virtue of not having enough income to fully avail of the tax credit will not receive any benefit from either measure; and if she will make a statement on the matter. [40108/14]

Written Answers — Department of Social Protection: Departmental Expenditure (21 Oct 2014)

Michael McGrath: 201. To ask the Minister for Social Protection the additional expenditure her Department will need to incur in 2015 and 2016 to deal with demographic pressures [40438/14]

Written Answers — Department of Finance: Water Charges Administration (21 Oct 2014)

Michael McGrath: 219. To ask the Minister for Finance if taxpayers will benefit from the new water charge tax credit at source as occurs with medical insurance relief or if they will be required to claim the tax credit in arrears; and if he will make a statement on the matter. [40106/14]

Written Answers — Department of Finance: Water Charges Administration (21 Oct 2014)

Michael McGrath: 220. To ask the Minister for Finance if a person who is not fully exhausting their current tax credits by virtue of their current income level will not receive any benefit from the water charge tax credits even if they pay their bill in full; and if he will make a statement on the matter. [40107/14]

Written Answers — Department of Finance: Budget 2015 (21 Oct 2014)

Michael McGrath: 221. To ask the Minister for Finance the overall budget adjustment for 2015 as will be reported to the European Commission; and if he will make a statement on the matter. [40109/14]

Written Answers — Department of Finance: Irish Fiscal Advisory Council Reports (21 Oct 2014)

Michael McGrath: 222. To ask the Minister for Finance if the Irish Fiscal Advisory Council will be asked to comment on the measures contained in the budget separate to its comment on the macroeconomic assumptions underpinning the budget; and if he will make a statement on the matter. [40110/14]

Written Answers — Department of Finance: Tax Yield (21 Oct 2014)

Michael McGrath: 223. To ask the Minister for Finance the projected yield in 2015 from DIRT; and if he will make a statement on the matter. [40111/14]

Written Answers — Department of Finance: Tax Reliefs Eligibility (21 Oct 2014)

Michael McGrath: 224. To ask the Minister for Finance the projected numbers of persons who will benefit in 2015 from the DIRT relief announced in the budget based on an overall cost of €2.8 million; and if he will make a statement on the matter. [40112/14]

Written Answers — Department of Finance: Tax Yield (21 Oct 2014)

Michael McGrath: 225. To ask the Minister for Finance the cost in 2015 and in a full year of the increase in the standard rate band of income tax by €1,000 from €32,800 to €33,800 for single persons and from €41,800 to €42,800 for married one earner couples; and if he will make a statement on the matter. [40113/14]

Written Answers — Department of Finance: Tax Yield (21 Oct 2014)

Michael McGrath: 226. To ask the Minister for Finance the cost in 2015 and in a full year of the increase of the reduction in the higher rate of income tax from 41% to 40%; and if he will make a statement on the matter. [40114/14]

Written Answers — Department of Finance: Tax Yield (21 Oct 2014)

Michael McGrath: 227. To ask the Minister for Finance the cost in 2015 and in a full year of removing 80,000 taxpayers from the universal social charge; and if he will make a statement on the matter. [40115/14]