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Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: Certainly, but the question that we are trying to address is: at what cost? Was there a cost? That is the whole point of the interaction between us all today.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: That is the point Mr. Soffe was making. To go back to rationale for the application of a 10% discount, Mr. Soffe drew attention to the financial statement of 2013 which, as the Chairman clarified, was signed in May of 2014. Are the witnesses able to categorically state that there is sound documentary evidence, in real time rather than post-dated, from the board where the considerations to...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: All I asked for were the accounts of where that was thrashed out. Mr. McEnery has just simply referred to the -----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: -----financial statement of 2013.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: The Comptroller and Auditor General has said that the lack of documentary evidence on the process is not helpful, in terms of actually allowing people -----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: Given the sensitivity of what was being handled, it would have been important to make sure that there was an accurate recording, especially given that in its financial statement, NAMA pointed out that it would allow itself some wriggle room to change the discount in order to move a deal on. There should have been proper minute-taking in respect of a decision of this magnitude.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: Deputy Alan Kelly asked earlier about a timeframe for producing some of that documentation. I am not sure that was fully answered.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Shane Cassells: Yes, you did.

Written Answers — Department of Health: Hospitals Building Programme (18 Oct 2016)

Shane Cassells: 69. To ask the Minister for Health the status of the proposed regional hospital for counties Meath, Louth, Cavan and Monaghan which was to be constructed in Navan, County Meath; and when construction is likely to commence. [30492/16]

Written Answers — Department of Health: Health Services Staff (18 Oct 2016)

Shane Cassells: 75. To ask the Minister for Health his views on the recruitment of a new general manager at Our Lady's Hospital, Navan, with the stated job remit to downgrade the hospital from a model three to a model two hospital and close the 24/7 accident and emergency unit. [30491/16]

Written Answers — Department of Arts, Heritage and the Gaeltacht: Rural Broadband Scheme (18 Oct 2016)

Shane Cassells: 377. To ask the Minister for Arts, Heritage and the Gaeltacht the progress made by the local and regional broadband taskforces and rural digital strategies she advised would be established to aid and accelerate the broadband network build in rural Ireland; and if she will make a statement on the matter. [30406/16]

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: I welcome Mr. Cody. I pay tribute to him and all his staff for the work they do and their contribution to the State. I also thank the Comptroller and Auditor General and all his staff for their consistent work on behalf of the committee. With so much focus this week on expenditure in the State, it is opportune that officials from the Revenue Commissioners are here this morning as we look...

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: Can Mr. Cody give an indication of the average figure?

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: There is a lot to get through, so I will jump from section to section. I wish to move to the local property tax, something that is also alive in the minds of people. According to the accounts, Revenue achieved 97% compliance for the tax in 2015. Recent media reports covered how Revenue would chase the remaining 3% and bring them into the net. Has Revenue identified a cohort of homes or a...

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: Does Revenue have teams on the ground in those instances? Obviously estates are easy to target and so forth. Is Revenue deploying teams to look at this in rural areas?

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: Can Mr. Cody provide a quick comment on the appropriation accounts for 2015 and the payroll overpayments? A total of €1.1 million is involved or 827 cases. Of this, Revenue has recovery plans in place for 279 cases totalling €432,000. Can Mr. Cody comment on how they occur and on recouping the remainder?

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: It is still significant at over €1 million.

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: To move onto the bigger picture and the issues Mr. Cody touched on in respect of the audit gap, the statistics in the random audits are consistent over the past number of years. Roughly one third, and for the past few years it has been as high as 40%, of those audited have been found to have underpaid their tax and owe on average of €18,500 in unpaid tax. In terms of the audit gap,...

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: In terms of the costs of the audit versus the pursuance of the-----

Public Accounts Committee: 2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
(13 Oct 2016)

Shane Cassells: I mentioned compliance and the fact that there is a steady figure of approximately one third of underpayments by individuals and businesses. As Mr. Cody has stated, these are mostly small businesses which would, according to the figures, owe an average of €18,000 and, in many cases, it is less than €2,000. I am sure these people would be interested in hearing about compliance...

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