Results 26,841-26,860 of 35,894 for speaker:Pearse Doherty

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: What about the profits?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The income is obviously just direct income.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Amendment No. 13 includes the words "and is not resident elsewhere". That will apply for tax years up until 2014 but in respect of 2015 those words will be deleted. If it was never envisaged that this should be the case in the legislation, why are we inserting it for 2014 and not removing it for 2015 also?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: That does not answer my question but I will move on. The Minister of State said that amendment No. 16 is technical in nature and that subsection (5) is being deleted. Can he clarify what is provided in subsection (5) and the effect of its deletion?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The effect of amendments Nos. 1 and 2 is to remove the upper limit.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Apologies, yes, amendments Nos. 11 and 12.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Why does the Department and the Government believe it is necessary to remove the upper limit of €0.5 million for this tax reduction to these employees?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: I suggest the downside to doing this is the State will suffer a loss of tax revenue. What SARP allows for at this time is for an upper limit of €0.5 million. For employees who earn up to €0.5 million, 30% of their income can be written off for taxation purposes and the lower limit is €75,000. Currently, the available amount of income is €425,000 but the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The Minister of State gave effective tax rate figures. Could he provide clarity in respect of tax applying to an income of €0.5 million and €1 million? How much less tax would a person earning €1 million who avails of SARP pay compared to an Irish executive earning the same amount working in a company in Ireland? This provision represents tax forgone. The Minister is...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: In terms of the last figure he gave, the Minister of State is saying to someone that we will cut their tax bill by €150,000 if they come to this country.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: There is no concrete evidence that those who avail of SARP would not have come here in any event, that their relevant employer would not have brought them here. We are talking about a handful of individuals - as opposed to thousands of people who have flooded to our shores as a result of this measure - whose companies are located here. There is no guarantee that they would not have come...

Written Answers — Department of Jobs, Enterprise and Innovation: Trade Agreements (19 Nov 2014)

Pearse Doherty: 63. To ask the Minister for Jobs, Enterprise and Innovation further to Parliamentary Question No. 380 of 4 November 2014, the timeframe in which he expects the study commissioned by his Department to examine the economic and other impacts of the Transatlantic Trade and Investment Partnership on Ireland to be completed; the basis on which the Irish Government is currently approaching the...

Written Answers — Department of Agriculture, Food and the Marine: Departmental Schemes (19 Nov 2014)

Pearse Doherty: 65. To ask the Minister for Agriculture, Food and the Marine if he will provide in tabular form since 2008 the total amounts drawn down by Ireland for the school milk scheme and the school fruit scheme; the number of schools and pupils which benefit from the scheme per county; and if he will make a statement on the matter. [44547/14]

Written Answers — Department of Agriculture, Food and the Marine: Commonage Division (19 Nov 2014)

Pearse Doherty: 76. To ask the Minister for Agriculture, Food and the Marine further to the Joint Committee on Agriculture, Food and the Marine hearing on 4 November 2014 in which a person (details supplied) stated that there was a risk of financial corrections being imposed by the European Commission as a result of commonage under-grazing, the amount of the financial correction measures being imposed by the...

Written Answers — Department of Arts, Heritage and the Gaeltacht: Waterways Issues (19 Nov 2014)

Pearse Doherty: 193. To ask the Minister for Arts, Heritage and the Gaeltacht the progress of proposed by-laws in respect of canals; if she has engaged with the Inland Waterways Association of Ireland regarding the proposed by-laws; if her attention has been drawn to its concerns on this matter, particularly in relation to providing an incentive to use canals and develop tourism potential of the canals,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I may agree with the Minister on that point. I have spoken to officeholders who would have recounted the same story to me. The issue is transparency. An Oireachtas Member who stays in a hotel can have the full cost of the hotel written off their tax bill, and also have another €3,500 written off. It is not a case that one gets 41% relief; one gets the sum written off the tax bill....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Amendment No. 8 sought to end the dual abode allowance, which, the Taoiseach, Deputy Kenny, when on the Opposition benches promised Fine Gael would abolish if elected. I am glad that the Minister has introduced an amendment to exempt officeholders, including Ministers and Ministers of State, from having their water charges deductible from their tax liability through the dual abode allowance....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Under the dual abode allowance, anybody renting accommodation gets the full amount of the rental cost written off their tax bill. On top of this, they get an unvouched sum of €4,500. Anybody who stays in a guesthouse gets the full cost of the guesthouse or hotel and on top of that they get €3,500 written off their tax bill. In regard to people buying property, €6,500...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I have no problem with extending to landlords. However, it is quite a large amendment, just to extend this to landlords. I have read through it in terms of the definition of a qualifying residence, but is there anything in this section other than just extending the existing home renovation incentive to landlords?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: We had a lengthy debate on this last year, particularly in terms of thresholds. There was movement on Committee Stage to deal with that and the amendment the Minister brought forward dealt with some of the concerns. The application system was quite complex. I know it has been successful, but there was a complex procedure in terms of notification and getting something back and so on. Any...