Results 3,501-3,520 of 7,412 for speaker:Neasa Hourigan
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: This is a very broad definition. I have been speaking to the Department of Finance about repair and rental issues. Being able to repair something and being able to rent something is a green initiative, even though that is not necessarily obvious. The definition of that constitutes the greening of VAT is quite broad. I know there is a list. Phasing out preferential treatment for fossil...
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Are we out of line with the EU?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Are we out of line by far?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Are we the most by 0.1% or by 30%? I must look into this.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Who would the witnesses identify as most appropriate? Obviously, there is the Department of Finance. Who is it at EU level? It is a science in itself to identify the most progressive ways to do this. VAT is an incredibly complex area. Do we have a dearth of data in this country on the impacts? Something that comes up over and over at the committee is that sometimes it is hard to...
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: I call Deputy Durkan who is also attending the meeting of the finance committee.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Do you wish to respond to some of the points Deputy Durkan raised?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Could we return to site value tax? We have a policy on site value tax in my party on which I worked. Economists tend to like the look of it and it is very hard to implement. Will you say a little more about her concerns with regard to such a tax. We heard in the session last week there was a general feeling that the system of commercial rates in Ireland has broken down somewhat and does...
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Commercial rates are levied on the tenant at present, in effect. This would not be the same. Will that throw up problems or is it a more effective method of taxation?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Working out how a site value tax might operate is labyrinthine. It was probably not the right forum to do so but last week I said that doing so would need an incredibly robust valuation system. We may be a little bit far away from such a system at present.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: There are a couple of suggetions in the Commission on Taxation and Welfare report. I did not put it to the OECD because I suspect it is so used to some of these taxes, it is a given one would implement them. However, I suspect it would be a bit more difficult in this country. Does Ms Gunnell take a view on accommodation tax for visitors to the country?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Have you ever done any research on it?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: I am aware that almost every capital city in the EU has some version of a tourist tax where Dublin does not. I know it is very difficult for local authorities to levy their own taxes but it seems Dublin City Council which has a €50 million hole in its budget might think an accommodation tax sounded pretty good.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: Do you feel that whatever favourable VAT rates might be in place would interact and perhaps dampen the tourism sector?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: The tourist industry will come before us which may have some opinions on that. I am sure it will. We have talked a little bit about site value tax and inheritance tax. We have not talked too much today about agricultural land and rezoning more specifically. We talked about it last week and a little bit about the removal in 2014 of the windfall tax for rezoning. Do you have an opinion on it?
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: It was during a recession. I suspect if we had held on for a year, we might have taken in some money on it.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: I will put to the witnesses what I put to the OECD and to the witnesses before the committee last week, which is that the underlying or maybe overarching thesis of the commission's report is that we need to broaden the tax base and that we need to do that for a number of very pressing reasons such as the climate crisis, demographics and services requirements. What is the witnesses' response...
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: I ask this in the context of LPT, which we have talked about a lot today. We managed to change that tax but not increase our revenue from it, which seems extraordinary to me, that we would reform a tax and not end up with more money from it.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: More productivity and more activity lead to more tax.
- Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (16 Nov 2022)
Neasa Hourigan: That is a good point. Should we have a commission more regularly? There seem to be long gaps between when we do these kinds of big reviews and reports. There is no rolling or regular timeframe for that; it is really based on political will. Would the witnesses like to see these done more regularly? Do they think it would be useful?