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Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: The Deputy has been good enough to acknowledge I am not trying to be disingenuous, which I am not. The difficulty I faced in dealing with this issue with the Deputy for the first time was that, while I approach all the issues in front of me with fresh eyes, as he would expect me to do, given all the other priorities I had to deal with in the context of putting together a full Finance Bill,...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I would prefer to answer that question later on, if I may.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: Deputy Donnelly raised this issue on a number of occasions previously with the former Minister for Finance, Deputy Michael Noonan. He raised it with me in the first instance a week and a half ago. We had a discussion on the matter over the phone. I am sympathetic to the issue that the Deputy raises because many of my constituents are facing the same kind of difficulty to which he refers....

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: To respond to Deputy Doherty's question, if a gym company were to build a gym-----

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: If a widget company built a sporting facility or child care facility on site, it would be able to access the capital allowances provided. The reason we are introducing these allowances is to incentivise the provision of such facilities. As to whether the facilities must be provided on site, the answer is "No". I anticipate it will take a period of time to establish the scheme because, at a...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I will be happy to appear at any point before the Committee on Finance, Public Expenditure and Reform, and Taoiseach, which oversees the work I do, to discuss the implementation of the scheme. As I indicated, we have a considerable amount of work to do before the scheme is implemented. I would be pleased to appear before the committee in the period in which we are preparing the scheme.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I ask the Leas-Cheann Comhairle to explain what is involved in a recommital as I am not familiar with the process. At what point would I propose a recommital and what would be the consequences of doing so?

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: Several different issues have been raised, including the provenance of the idea. I am a former Minister for Transport, Tourism and Sport. When I was involved in the Healthy Ireland initiative I could see opportunities to make sporting facilities available in more workplaces. I thought it was something we should consider. There has been a debate on the provision of child care facilities...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I believe we will be here next year and we can look at this matter again then. I have a Leap card and I am aware that it took years to make it happen. Now that I see how Leap cards are used, I understand why it took so long to make it available. Technology is now being made available to allow the Leap card to be used on more forms of public transport. It is now possible, for example, to...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 12:In page 14, line 27, to delete “engineering,”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 13:In page 15, line 4, to delete “and”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 14:In page 15, to delete lines 6 to 9.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 15:In page 15, line 10, to delete “(ii) is” and substitute “(i) is”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 16:In page 15, between lines 21 and 22, to insert “and”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 17:In page 15, line 22, to delete “(iii) is” and substitute “(ii) is”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 18:In page 15, line 24, to delete “and”.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 19:In page 15, to delete lines 25 and 26.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 20:In page 15, between lines 26 and 27, to insert the following:"and(d) at the date of grant of the qualifying share option⁠—(i) is a micro, small or medium sized enterprise within the meaning of the Annex to Commission Recommendation 2003/361/EC of 6 May 2003concerning the definition of micro, small and medium sized enterprises, and (ii) the total market...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: I move amendment No. 21: In page 19, between lines 21 and 22, to insert the following:“Amendment of Parts 9 and 36 of, and Schedule 25B to, Principal Act (capital allowances for equipment and buildings used for the purposes of providing childcare services or a fitness centre to employees) 12.(1) Chapter 2 of Part 9 of the Principal Act is amended by inserting the following after...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: Since Deputy Lawless raised this matter here last year, the Department of Finance has examined it. I wish to outline the various reasons offered to me as to why I should not accept the Deputy's amendment and to have a dialogue with him about it. The first point, which the Deputy has acknowledged in his contribution, is that the tax relief already available to anybody who purchases a...

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