Results 3,701-3,720 of 32,432 for speaker:Paschal Donohoe
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Yes, the figures we have for the bike to work scheme are currently an estimate that my Department prepares in conjunction with the Revenue Commissioners. In section 8, which we will be coming to in a moment, we are looking at how greater information could be provided with regard to the availing of reliefs. If we have an indication that the cost of the scheme is growing in any way, under...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy put a question to me and I will repeat and conclude what I am saying. He does not believe it to be a priority issue that someone who is on an average wage is paying the higher rate of income tax. I do. We should change this, particularly at a time of higher inflation. For someone who is on €40,000 or €42,000, the benefit will of course be significantly more than...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I accept that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Does the Deputy accept that under Sinn Féin's proposals, somebody who is earning €37,685 or more would have a benefit of €313 per annum? Under the proposals in the budget, that person would have a benefit of €368 per annum.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: And I have explained.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I thank the Deputy for bringing the amendment forward. Tax relief in rfespect of health expenses is provided for in section 469 of the Taxes Consolidation Act 1997. Health expenses are defined in that section as: “expenses in respect of the provision of health care... [including services provided by or] on the advice of a practitioner”. A practitioner is an individual who is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I have not given any consideration to extending the number of days for which this relief can be availed. In the engagements I have had with the Department of Defence, no case for any significant change in the relief was made to us. I remember that, when we initially brought in this relief on Report Stage a number of years ago, we did so in the hope that it would be temporary and that we...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: He must allow me to be more precise if I was not clear in what I said. My understanding and knowledge is that in Berlin they froze rents, which I understand is what the Deputy's party wants to do. Since those rents were frozen the amount of new rental accommodation that is available has gone down. That is my contention in respect of the impact a rent freeze would have on the availability...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: A wide variety of different matters have been raised with me so-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The comments in respect of the reports did not stick to them either. I will respond to the points that have been put to me as quickly as I can. As I understand it, Deputy Barry put forward the case that, every time a landlord exits the market, the State should step in and buy the rental property in question. I understand that local authorities are doing this in some cases. They are...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: In Germany, to the best of my knowledge, it is.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: But for the period it was in-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I stand by the point I have made. I know that this is subject to a ruling by the German Supreme Court. I stand by the point that I have made, which is that for the period in which a rent freeze was in operation in Berlin, the number of new rental properties that were available to rent fell. I stand by that point. Independent studies of what has happened in Berlin have shown that. That is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The CSO data show that 75% of tenants have either employee, self-employed or director income. This gave an indication regarding the number who would be liable to receive the tax credit.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I am informed that we have figures in relation to how many children could be in that rented accommodation. My officials tell me, however, that this information is approximately three years old. We are happy to share the information with the committee, although it will take a couple of hours for us to get it for the committee.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Yes. The CSO acknowledges that not all tenants will be captured in this analysis.