Results 3,161-3,180 of 4,928 for speaker:Peter Mathews
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I think that Deputy Colreavy will be kind enough to do so.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I would say the Minister and the Minister of State because they both attended.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: Okay. It states: That this committee requests the Minister for Health and the Minister of State to recommend that they invite the Centre for Independent Living to be part of the review group.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: Yes.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: Can we add: "who are in receipt of the mobility allowance and the motor transport grant"?
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: The wording is as follows: That this committee requests the Minister for Health and the Minister of State to recommend that they invite the Centre for Independent Living to be part of the review group providing a transport solution for people with disabilities.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: In the hands of the investors, REITs are treated the same way as rental income. Are they taxed accordingly?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: For a private investor investing in let property, there is an interest restriction on the amount allowable as an expense. However, a REIT is allowed all of the interest incurred as an expense in arriving at taxable profits in the hands of investors. Is there an anomaly?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: To preserve a sense of fairness, should the conditions not be adjusted so that individual investors have the same allowance as an investor in a REIT?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: It is an employment grant by another name. If there was a time limit on it, it would have the effect of clawing back a grant.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: It happened with all the losses in the banks.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: We must not be afraid of reality.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I welcome the witnesses and our visitors who are receiving these allowances and grants. I hope they will continue to do so without any further worries. We have an opportunity to make that commitment in meaningful words that will ensure that. At the moment some €10.6 billion has been armour plated for application to these groups.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: I am sorry. I have just come from the Oireachtas Joint Committee on Finance, Public Expenditure and Reform.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Mobility and Motorised Transport Allowances: Discussion (6 Mar 2013)
Peter Mathews: Some 4,700 people are receiving the mobility allowance. At approximately €2,500 per person the annual figure should be €11.7 million. If it were to rise to €100 million on the basis of the estimates Ms Fitzpatrick did, it suggests a nine or tenfold jump in just the annual payment envisaged. Is it huge numbers of people by virtue of age cut-off points or other...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: I have just a small question. Take, for instance, a single premium pension policy payment seven years ago of €25,000 by a taxpayer who paid a marginal rate at the time of 42%. That single premium payment has gone into a fund that is worthless now and there will be a finalised, realised write-off of that €25,000. Surely the net of tax or after tax investment by that pension...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: Relief was at 42% or €10,500.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is €14,500 of a loss and no pension.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: There is no way at the moment in the taxation code to-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Peter Mathews: Yes, and there is a lot of that happening at the moment. In fact, Irish Life has a very big scheme that is going to declare a complete write off for people of nearly €30 million.