Results 3,301-3,320 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Rental Sector (23 Mar 2023)

Michael McGrath: The exiting of small or accidental landlords from the private rental sector is a consequence of multiple factors. For example, the changing regulatory environment and the recent rise in house prices. It is important to note that a wide array of tax reliefs and exemptions are already available for landlords and the property sector. The combined cost of these, in tax receipts forgone, is...

Finance Bill 2023: Financial Resolution (22 Mar 2023)

Michael McGrath: I move: That section 81AA of the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), which provides for relief from stamp duty in respect of transfers of agricultural land to young trained farmers, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

Written Answers — Department of Finance: Online Safety (22 Mar 2023)

Michael McGrath: Intermediary Service Providers (ISPs), including online platforms, are regulated by the Digital Services Act (DSA), which entered into force on 16 November 2022. Under the DSA, users have the right to complain to the platform, seek out-of-court settlements, complain to their national authority in their own language, or seek compensation for breaches of the rules. However, there is no one...

Written Answers — Department of Finance: Tax Yield (22 Mar 2023)

Michael McGrath: I am informed by Revenue that a breakdown of net tax receipts, including VAT, by economic sector is available on the Revenue website at: revenue.ie/en/corporate/information-about-revenue/statistics /receipts/receipts-sector.aspx The hospitality sector is approximately captured under Accommodation & Food Services in this breakdown. The Deputy may wish to note that due to the option...

Written Answers — Department of Finance: Transport Policy (22 Mar 2023)

Michael McGrath: I propose to take Questions Nos. 93 and 94 together. Section 118(5G) of the Taxes Consolidation Act 1997 (TCA 1997) provides for the Cycle to Work scheme. This scheme provides an exemption from benefit-in-kind (BIK) where an employer purchases a bicycle and associated safety equipment for an employee to use. There are three limits, depending on the type of bicycle purchased, which include...

Written Answers — Department of Finance: Tax Data (22 Mar 2023)

Michael McGrath: I propose to take Questions Nos. 95, 96 and 97 together. In relation to question 14066, I am informed by Revenue that the number of category A vehicles charged with the nitrogen dioxide emissions (NOx) levy in 2021, 2022, and to date in 2023, along with the revenue raised each year, is provided in the table below Year Number of registrations (NOx levy applied) ...

Written Answers — Department of Finance: Tax Data (22 Mar 2023)

Michael McGrath: The most recent projection of additional carbon tax revenues provided by my Department for the period 2021 to 2030 amounted to €9.2 billion, based on the Government’s commitment to increasing the amount that is charged per tonne of CO2 emissions from fuels to €100 by 2030. This is a key pillar underpinning the Government’s Climate Action Plan ambitions to halve...

Written Answers — Department of Finance: Disabilities Assessments (22 Mar 2023)

Michael McGrath: My predecessor Minister Donohoe committed to a comprehensive review of the Disabled Drivers and Passengers Scheme (DDS) as part of a broader review of mobility supports. In order to achieve this objective, Minister O’Gorman agreed in September 2021 that the DDS review should be incorporated into the work of the National Disability Inclusion Strategy (NDIS) Transport Working Group...

Written Answers — Department of Finance: Human Trafficking (22 Mar 2023)

Michael McGrath: I am advised that Revenue does not have a lead role in relation to the response to human trafficking but works closely with An Garda Siochána and with immigration officials in the Department of Justice responsible for the management of inward migration and international protection processes where it encounters any incidents or suspected incidents of such activity.

Written Answers — Department of Finance: Civil Service (22 Mar 2023)

Michael McGrath: I wish to advise the Deputy of the records of the qualification levels of the civil servants in my Department as of 31 December 2022 is set out below in Table A. Table A - Qualifications held on 31st December 2022 Qualification Certificate Diploma Higher Diploma Degree Masters Professional PHD Other Total ...

Eviction Ban: Motion [Private Members] (21 Mar 2023)

Michael McGrath: Nobody heckled the Deputy.

Finance Bill 2023: Referral to Select Committee (21 Mar 2023)

Michael McGrath: I move: That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 95(3)(a) and 181(1).

Finance Bill 2023: Second Stage (21 Mar 2023)

Michael McGrath: I thank all the Deputies who contributed to the debate. There is an overall context to the Bill, namely, the announcement by the Government to bring forward a package of measures totalling more than €1.2 billion. Had we not brought forward the Bill, a range of tax reductions would have expired overnight at the end of February. The principal reason for bringing forward the Bill is to...

Finance Bill 2023: Second Stage (21 Mar 2023)

Michael McGrath: I move: "That the Bill be now read a Second Time." I appreciate the opportunity to speak on the Bill, which is relatively short and provides for some of the cost-of-living measures announced by the Government last month. The full package of measures will cost more than €1.2 billion and will put money back into people’s pockets, help with bills and ensure there is no cliff...

Written Answers — Department of Finance: Tax Code (21 Mar 2023)

Michael McGrath: The Government is acutely aware of the difficulties in the housing market at present. The Minister for Housing, Local Government and Heritage has primary responsibility for housing policy. As part of the Housing for All action plan update published last November, I understand that his Department will undertake a review of the private rental sector. I expect that this review will take into...

Written Answers — Department of Finance: Departmental Funding (21 Mar 2023)

Michael McGrath: Work is ongoing on the 2022 Appropriation Account for Vote 7 The Department of Finance and as a result final figures are not yet confirmed. Final virement sanction has not been obtained from the Department of Public Expenditure NDP and Reform as my Department works towards completing the account. However, my Department notified DPENDPR in September that virement may be required on a...

Written Answers — Department of Finance: Tax Exemptions (21 Mar 2023)

Michael McGrath: Finance Act 2021 introduced Part 22A Residential Zoned Land Tax (RZLT) into the Taxes Consolidation Act 1997. The RZLT is designed to prompt residential development by landowners of land that is zoned for residential or mixed-use (including residential) purposes and that is serviced. RZLT is an annual tax, calculated at a rate of 3% of the market value of the land within its scope. The...

Written Answers — Department of Finance: Financial Services (21 Mar 2023)

Michael McGrath: The Irish Credit Bureau (ICB) was a privately owned and operated credit reference entity that ceased operations in October 2021. While neither I nor the Central Bank of Ireland had any responsibility for the operation of the ICB, I understand that it deleted its records after it stopped providing a service. However, the Deputy will be aware that the Credit Reporting Act 2013 (the Act)...

Written Answers — Department of Finance: Housing Schemes (21 Mar 2023)

Michael McGrath: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation. The incentive is accessed via an online-only application process which...

Written Answers — Department of Finance: Tax Exemptions (21 Mar 2023)

Michael McGrath: I am advised by Revenue that, in addition to a wide range of general information on tax matters, specific tax information where authorised and required by legislation, is published on Revenue’s website, www.revenue.ie. All information published by Revenue is regularly reviewed to check that the information is up to date; that it is clear and understandable and to ensure it complies...