Results 3,721-3,740 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Transport, Tourism and Sport: National Asset Management Agency (8 Feb 2023)

Michael McGrath: I am advised by NAMA that the Agency holds a 20% equity interest in the development site at Poolbeg West SDZ. Under the terms of the shareholder agreement, which NAMA entered in 2021, all shareholders in accordance with an agreed Business Plan can be requested to meet their respective capital commitments prorated to their equity interest. Otherwise, the specific terms of the shareholder...

Written Answers — Department of Transport, Tourism and Sport: Tax Code (8 Feb 2023)

Michael McGrath: Stamp Duty is a tax on certain instruments (written documents),  and it is chargeable on instruments that transfer land and buildings situated in Ireland. Such instruments are usually called ‘Deeds of Transfer’ or ‘Deeds of Conveyance’. Stamp Duty is also chargeable on the following instruments: - written leases of land and buildings situated in Ireland -...

Written Answers — Department of Transport, Tourism and Sport: Primary Medical Certificates (8 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 Transport, Tourism and Sport: Semi-State Bodies (8 Feb 2023)

Michael McGrath: I wish to advise the Deputy that the amounts below were received by the Exchequer from 2019-2022 from commercial semi-State companies.   Company Amount Year Electricity Supply Board 121,686,585.38 2022* Bord na Mona 21,696,000.00 2022* Coillte Teoranta 25,000,000.00 ...

Written Answers — Department of Finance: Departmental Meetings (2 Feb 2023)

Michael McGrath: The Financial Stability Group (FSG), met for the first time in January 2017. The number of meetings held since the formation of the Financial Stability Group (FSG) since 2017 is listed below: Year 2017 2018 2019 2020 2021 2022 2023 No of meetings 9 6 6 20 8 8...

Written Answers — Department of Finance: Capital Expenditure Programme (2 Feb 2023)

Michael McGrath: Following clarification from the Deputy's office, I understand that this question refers to the Accelerated Capital Allowances scheme for Energy Efficient Equipment.  As this is a tax expenditure, there is no specific advance funding allocation. Rather, claims under this scheme are submitted in the annual tax return of the claimant, following the end of the relevant accounting...

Written Answers — Department of Finance: Budget 2023 (2 Feb 2023)

Michael McGrath: The Deputy should note that the fiscal parameters set out in Budget 2023 are based on the temporary tax measures expiring at end-February. The cost of these measures being extended is set out below: Estimated cost of 9% extension for tourism and hospitality by sector to 31.12.2023 Good/Service Total €m Accommodation €102 ...

Written Answers — Department of Finance: Tax Reliefs (2 Feb 2023)

Michael McGrath: I propose to take Questions Nos. 227, 228, 229 and 230 together. The Deputy should note at the outset that it is not possible from the data submitted to Revenue in respect of benefit-in-kind to identify specific statistics solely in relation to BIK on employer-provided vehicles, as the information submitted is not itemised based on the type of benefit granted. Recent Government policy...

Written Answers — Department of Finance: Revenue Commissioners (2 Feb 2023)

Michael McGrath: As the Deputy may be aware, the early months of each year place the highest demand on Revenue’s PAYE Services as taxpayers submit their income tax returns for the previous year, claim any refunds or reliefs to which they may be entitled, and check their tax credits for the current year. As of close of business on 30 January 2023, Revenue have advised me that the PAYE Helpline staff...

Written Answers — Department of Finance: Naval Service (2 Feb 2023)

Michael McGrath: Section 472BB of the Taxes Consolidation Act 1997 (TCA 1997) provides that a tax credit, called the sea-going naval personnel credit, is available to those who satisfy the qualifying conditions of that section. This credit was introduced by Finance Act 2019 in recognition of the proportion of their time that naval personnel spend away from the State at sea (and the various hardships...

Written Answers — Department of Finance: Tax Code (2 Feb 2023)

Michael McGrath: The basis for the current tax treatment of married couples derives from the Supreme Court decision in Murphy vs. Attorney General (1980). This decision was based on Article 41.3.1 of the Constitution where the State pledges to protect the institution of marriage. The decision held that it was contrary to the Constitution for a married couple, both of whom are working, to pay more tax than two...

Written Answers — Department of Finance: Business Supports (2 Feb 2023)

Michael McGrath: The Temporary Business Energy Support Scheme (TBESS) was introduced to support qualifying businesses with increases in their electricity or natural gas costs over the winter months. Sections 100 to 102 of Finance Act 2022 make provision for the TBESS. The scheme provides support to qualifying businesses - including companies, sole-traders and partnerships - in respect of energy costs...

Written Answers — Department of Finance: Revenue Commissioners (2 Feb 2023)

Michael McGrath: I am advised by Revenue that between 2015 and 2017, a number of their public offices, including Athlone in 2016, transitioned from a walk-in service to an appointments service. However, from the start of the Covid-19 pandemic, the majority of Revenue public offices and the appointment service, closed to the public in line with public health guidelines. Revenue has now restored its...

Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (1 Feb 2023)

Michael McGrath: I move amendment No. 2: In page 27, line 14, to delete “or where” and substitute “or, where”.

Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (1 Feb 2023)

Michael McGrath: I move amendment No. 3: In page 71, line 28, to delete “2010.”.” and substitute “2010.”, and” .

Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (1 Feb 2023)

Michael McGrath: I move amendment No. 4: In page 73, line 11, to delete “91.(1)” and substitute “91.”.

Central Bank (Individual Accountability Framework) Bill 2022: Order for Report Stage (1 Feb 2023)

Michael McGrath: I move: "That Report Stage be taken now."

Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (1 Feb 2023)

Michael McGrath: I move amendment No. 1: In page 25, line 7, to delete "it," and substitute "it". I am tabling four amendments to the Bill to address minor typographical issues that have come to light since Committee Stage. I commend these four amendments to the House. I am pleased to be able to bring this important Bill before the House today. Passage of the Bill by Dáil Éireann will be a...

Written Answers — Department of Finance: Political Funding (1 Feb 2023)

Michael McGrath: I wish to advise the Deputy that payments to political parties are made under Section 17 of the Electoral Act of 1997 as amended by Section 50(c) of the Electoral (Amendment) Act 2001; Section 77 of the Ministers and Secretaries (Amendment) Act 2011; and Section 42 of the Electoral (Amendment) (Political Funding) Act 2012.  In accordance with Section 19 of the 1997 Act, as amended by...

Written Answers — Department of Finance: Tax Credits (1 Feb 2023)

Michael McGrath: Finance Act 2022 introduced the Rent Tax Credit, which is provided for in section 473B of the Taxes Consolidation Act 1997 (TCA). This is an income tax credit of up to €500 per year (or up to €1,000 for jointly assessed couples) which may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025. The credit is broadly available in the...