Results 21-40 of 75 for vat speaker:Gerald Nash

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Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Collection (24 Jan 2023)

Gerald Nash: ...Minister of State, Deputy Carroll MacNeill, on her appointment and look forward to working with her. I want to establish with the Minister the cost to the Exchequer of extending the reduced 9% VAT rate on electricity and gas bills, and indeed to establish if this is something the Minister is considering in continuing to support those who are finding it very difficult to make ends meet...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Collection (24 Jan 2023)

Gerald Nash: ...That will have an extreme impact on those who are less well off and in the bottom income deciles. For the sake of €150 million in the context of a budget surplus, I think the extension of the reduced VAT rate on electricity and gas bills would go some way towards assisting low-income families.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Collection (24 Jan 2023)

Gerald Nash: ...crisis and inflation is high. One of the perverse things is that when inflation is high and goods and services are more expensive, the Exchequer is laughing all the way to the bank with increased VAT returns. It is important to reflect on that and to pass back as much as possible of that increase, or bonanza, to those who need it most by way of an extension of measures like those that...

Written Answers — Department of Finance: Tax Code (24 Jan 2023)

Gerald Nash: 138. To ask the Minister for Finance if he will consider revisiting the decision to end the zero VAT rating on antigen testing kits; and if he will make a statement on the matter. [3086/23]

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Gerald Nash: ...provided for by the subsection.”. At the end of February, the flat rate on gas and electricity bills will go back up to 13.5% from 9%, which is the current rate. On budget night, a resolution was passed to further extend the VAT rate cut to the end of February. We are proposing to extend the VAT rate cut on electricity and gas bills out to the end of 2023. The approximate...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Gerald Nash: ...must be used. I am satisfied that the Minister has committed to reassessing the situation next spring. It is inevitable that it must happen and I would prefer it to happen now. The introduction of an extension to the VAT reduction would give some reassurance and certainty. I await developments over the next number of weeks to see how that evolves.

Finance Bill 2022: Second Stage (25 Oct 2022)

Gerald Nash: ..., when these once-off measures are gone, they are gone. In early January, when the sugar rush wears off, budget 2023 proper will reveal itself to be what I and independent commentators know it to be, a conservative budget. As the Economic and Social Research Institute, ESRI, has said "Compared to indexing tax and welfare policies in line with inflation since 2020, Budget 2023 leaves...

Written Answers — Department of Finance: Tax Data (4 Oct 2022)

Gerald Nash: 234. To ask the Minister for Finance the estimated projected cost of extending the 9% VAT rate on electricity and gas for the remainder of 2023; the estimated cost for the extension in January and February 2023; the estimated additional average cost to a household and a business from the higher VAT rate applying for the remaining ten months in 2023; and if he will make a statement on the...

Financial Resolutions 2022 - Financial Resolution No. 1: Mineral Oil Tax (27 Sep 2022)

Gerald Nash: ...No. 2 reads: "In paragraph (1), to delete “be extended until 28 February 2023” and substitute “be extended until 31 December 2023”." The amendment represents a request to extend the VAT cut that was introduced last spring on electricity and gas bills. The Minister has sought to extend it to the end of February but the Labour Party proposes an extension to the...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Gerald Nash: 126. To ask the Minister for Finance his plans, if any, to reduce the rate of VAT applied on condoms and menstrual cups to 0%; the estimated cost to the Exchequer of reducing the rate on said products to 0%; and if he will make a statement on the matter. [46208/22]

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Gerald Nash: 155. To ask the Minister for Finance the estimated yield from raising the VAT rate for the tourism and hospitality sector from 9% to 13.5% in 2023; and if he will make a statement on the matter. [38660/22]

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Gerald Nash: 156. To ask the Minister for Finance the estimated cost to the Exchequer from decreasing the headline rate of VAT by 1% for 12 months; and if he will make a statement on the matter. [38661/22]

Emergency Budget: Motion (Resumed) [Private Members] (28 Jun 2022)

Gerald Nash: ...told to expect a deficit of more than €1 billion this year but, as was put on the record earlier, we are likely to have a surplus of approximately €1.6 billion. That is an incredible turnaround and the resources generated through VAT windfalls, perversely on the products that have become the most expensive items these days, such as energy, need to make their way back into...

Written Answers — Department of Finance: Fiscal Policy (28 Apr 2022)

Gerald Nash: 24. To ask the Minister for Finance if the recently announced temporary reduction in VAT, excise duty and lump-sum payments are to be paid from a surplus in the public finances or by adding to the public debt; and if he will make a statement on the matter. [21423/22]

Financial Resolution No. 2: Mineral Oils Tax (27 Apr 2022)

Gerald Nash: I appreciate the opportunity to speak on these resolutions here this evening. Like Deputy Doherty and his party, the Labour Party and I have been arguing for the application of VAT reductions on energy bills for some time now. We see this is an opportunity to help to drive down the ever-rising cost of living for hard-pressed families across the country. This is just one tool or weapon in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Committee Stage (6 Apr 2022)

Gerald Nash: ...the cost to the consumer of fuel and energy. Many of us, at least those of us on the Opposition benches, have been arguing for some months that the Government should seek a derogation from the VAT directive to allow the State to reduce VAT rates on fuel and energy for a period of time. This derogation could ensure that the VAT rate would not go up to 23% on the conclusion of that...

Rising Energy Costs: Motion [Private Members] (22 Mar 2022)

Gerald Nash: ...households that are borderline, as I recommended as far back as October's budget? That is a simple measure that would alleviate, address and counter fuel poverty. The Exchequer has made windfall gains on VAT as companies like Bord Gáis shamelessly protect their profits with massive price hikes. It should be a source of embarrassment for the Taoiseach that he has only in recent days...

Written Answers — Department of Finance: Tax Code (22 Feb 2022)

Gerald Nash: 21. To ask the Minister for Finance if an update will be provided on discussions with the European Commission regarding a temporary derogation on the rate of VAT applied on energy and gas usage; if he held discussions with other European Union Finance Ministers regarding the relaxation of such rules as part of a common approach to tackling rising energy prices; and if he will make a statement...

Written Answers — Department of Finance: Tax Code (22 Feb 2022)

Gerald Nash: 244. To ask the Minister for Finance his plans to abolish the prohibitive VAT rate on defibrillators; and if he will make a statement on the matter. [9648/22]

Ceisteanna ó Cheannairí - Leaders' Questions (8 Feb 2022)

Gerald Nash: ...the Government voted down a comprehensive Labour Party motion on the cost of living, 13 more days lost as the bills piled up. We have tabled a range of comprehensive proposals on energy taxes, VAT, social welfare and wages. Bills are up more than 30% for fuel, electricity and gas. Prices for other utilities and food are rising sharply. The Taoiseach knows that the rate of home...