Results 3,681-3,700 of 27,945 for speaker:Michael McGrath

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2023)

Michael McGrath: We will do that, yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2023)

Michael McGrath: Absolutely. They are all very welcome. I met Commissioner McGuinness during the week in Brussels, just back after two days of Eurogroup and Economic and Financial Affairs Council, ECOFIN. The Commissioner, and I am sure many of our visitors, have very busy legislative files programmes. We got a very good update from the Commissioner in that regard. Our guests are very welcome. I am...

Written Answers — Department of Finance: Tax Reliefs (14 Feb 2023)

Michael McGrath: I am advised by Revenue that, in the scenario set out in the question, the body which claims the tax relief provided for under the Charitable Donations Scheme (CDS) could vary depending on the circumstances of the case. Section 848A and Schedule 26A Taxes Consolidation Act 1997 (TCA) provide a uniform scheme of tax relief for donations to approved bodies. The list of approved bodies in Part...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: The taxation of tobacco products is harmonised across the EU and governed by the Tobacco Products Tax Directive 2011/64/EU. As the Directive has not been updated for a number of years, e-cigarettes (which do not contain tobacco) and other novel products are currently not provided for in the Directive. In February 2021, the EU Commission launched ‘Europe’s Beating Cancer...

Written Answers — Department of Finance: Departmental Schemes (14 Feb 2023)

Michael McGrath: Taking into account the timeline specified and the resources required by my Department to research all relevant material, it is not possible to provide the information sought in the time available. Therefore, I will make arrangements to provide the information in a follow-up response.

Written Answers — Department of Finance: Departmental Schemes (14 Feb 2023)

Michael McGrath: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers (FTP) with the deposit they need to buy or build a new house or apartment. The incentive provides a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. Section 477C Taxes Consolidation Act 1997 (TCA) outlines the...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: Where a couple is cohabiting, rather than married or in a civil partnership, they are treated as separate and unconnected individuals for the purposes of income tax. Each partner is a separate entity for tax purposes, therefore, cohabiting couples cannot file joint assessment tax returns or share their tax credits and tax bands in the same manner as married couples. The basis for the...

Written Answers — Department of Finance: Departmental Schemes (14 Feb 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: Revenue Commissioners (14 Feb 2023)

Michael McGrath: I am advised by Revenue that mobile x-ray scanners, which are an integral component of Revenue’s response framework targeting fraud, illicit trade, smuggling and organised crime, are just one component of a suite of resources, detection equipment and technologies deployed by them, in addition to the application of the comprehensive legal framework in place as set out in relevant tax...

Written Answers — Department of Finance: Insurance Coverage (14 Feb 2023)

Michael McGrath: This Government recognises the fact that a number of outdoor/high-footfall activity sectors, including equestrian pursuits, are facing difficulty in terms of affordability and availability of insurance. It has therefore prioritised the implementation of the Action Plan for Insurance Reform. The latest Action Plan Implementation Report demonstrates that significant progress has been made, with...

Written Answers — Department of Finance: Departmental Expenditure (14 Feb 2023)

Michael McGrath: I wish to advise the Deputy that the Appropriation Account 2020 and 2021 shows the breakdown of expenditure for each program in the relevant years. Vote 7 had the following spend across current and capital: 2020 2021 2022 Gross current expenditure €35.738m €36.049m €40.173m Gross...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: I am advised by Revenue that there is no requirement for specific aircraft to be registered in Ireland for tax purposes. Where persons within the scope of Irish tax are engaged in activities relating to aircraft, such as the leasing of aircraft, they are required to register and account for any taxes due in relation to that activity. This might include, for example, corporation tax in...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: I propose to take Questions Nos. 188 and 189 together. Ireland's taxation of fuel is subject to European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. The ETD allows for differentiated rates of tax to be applied to natural gas used for motor purposes and...

Written Answers — Department of Finance: Primary Medical Certificates (14 Feb 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: Financial Services (14 Feb 2023)

Michael McGrath: The revised Payment Services Directive (2015/2366/EU or PSD2) was transposed into Irish law, with effect from 13 January 2018, by the European Union (Payment Services) Regulation 2018 (S.I. No.6 of 2018, hereafter referred to as the PSRs). The PSRs set out the industry requirements concerning liabilities for unauthorised payment transactions and the applicable security requirements to help...

Written Answers — Department of Finance: Tax Rebates (14 Feb 2023)

Michael McGrath: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services specified in the Directive, in respect of which Member States may apply a lower rate or exemption from...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: During the COVID-19 pandemic, Revenue strongly supported businesses by suspending normal debt collection activities and implementing the Debt Warehouse Scheme to provide businesses with vital liquidity support. I am advised by Revenue that over 66,000 individual customers are currently availing of the Debt Warehousing facility with €2.338 billion warehoused, of which €1.120...

Written Answers — Department of Finance: Vacant Properties (14 Feb 2023)

Michael McGrath: Addressing vacancy and dereliction, and maximising the use of existing housing stock, is a priority objective of the Government. Housing for All outlines a suite of measures aimed at addressing vacancy in a coordinated, robust manner, and specifically includes an action for the Department of Finance to collect data on vacancy with a view to introducing a vacant property tax. Provisions...

Written Answers — Department of Finance: Tax Credits (14 Feb 2023)

Michael McGrath: The rent tax credit was introduced under Finance Act 2022 and is, subject to a number of conditions, broadly available in the following three circumstances: 1. where the claimant makes a qualifying payment in respect of a residential property which he or she uses as his or her principal private residence; 2. where the claimant makes a qualifying payment in respect of a residential property...

Written Answers — Department of Finance: Tax Code (14 Feb 2023)

Michael McGrath: Recent Government policy has focused on strengthening the environmental rationale behind company car taxation. Until the changes brought in as part of the Finance Act 2019, Ireland’s vehicle benefit-in-kind regime was unusual in that there was no overall CO2 rationale in the regime. This is despite a CO2 based vehicle BIK regime being legislated for as far back as 2008 (but never...