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Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: It has.

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: No, it is not.

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: It does not.

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: It is 2019.

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: I thank all the Senators who contributed to the debate. It is clear that the Minister for Finance’s decision to allow the next Government the space, and to seek the mandate from the people, to make any necessary amendments or tweaks to the policy of local property tax, LPT, is prudent. My view and that of the Minister and the Government is that LPT is an important form of taxation...

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Second Stage (8 Dec 2015)

Simon Harris: He may be back. From 1 January 2015, local authorities have had the discretion to vary the local property tax rate by plus or minus 15%. Several authorities have exercised this option and between its inception and the end of 2015, the LPT is expected to have contributed more than €1 billion to the funding of local authorities. I note, however, that some will apply a smaller, or no,...

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Committee and Remaining Stages (8 Dec 2015)

Simon Harris: I thank the Senator for putting forward these amendments. I am advised that the local property tax is forecast to collect €440 million in 2015. These receipts would be lost if local property tax was abolished and would need to be found elsewhere. This would represent a substantial loss to the Exchequer, particularly as under the terms of the Stability and Growth Pact, Ireland may...

Seanad: Finance (Local Property Tax) (Amendment) (No. 2) Bill 2015: Committee and Remaining Stages (8 Dec 2015)

Simon Harris: This amendment relates to reliefs sought from local property tax relating to properties which are mortgaged and where there are mortgage arrears or mortgage restructuring arrangements in place. The Finance (Local Property Tax) Act of 2012, as amended, provides for reliefs from LPT in such circumstances, whereby a person may opt to defer or partially defer payment of the tax.Where a person...

Written Answers — Department of Public Expenditure and Reform: Ground Rents Payments (8 Dec 2015)

Simon Harris: The following table schedules the ground rents payable to landlords on properties managed by the Office of Public Works. The OPW is not in a position to supply details on ground rents that may be payable by other Government Departments or Agencies on behalf of the State. PROPERTY NAME GROUND RENT PER ANNUM LANDLORD Cork SWO - Hanover Street €361.88 EXECUTORS OF PERROTT ESTATE Dun...

Written Answers — Department of Public Expenditure and Reform: State Properties (8 Dec 2015)

Simon Harris: The Office of Public Works recently carried out works to repair the boundary wall adjoining the access roadway to the car park and also repairs to the access roadway itself at the Government Offices in Buncrana. The repairs were due to some wall cracking and localised settlement in the ground. Works are now complete since the 4th December 2015. There are no further works planned at this time.

Written Answers — Department of Public Expenditure and Reform: Flood Prevention Measures (8 Dec 2015)

Simon Harris: The Office of Public Works (OPW) very recently received from Clare County Council (CCC) a copy of the feasibility study report prepared by the engineering consultants engaged by CCC to examine the flooding issues at the location mentioned. The OPW will be responding to CCC in due course when it has completed a full review of the feasibility study report.

Written Answers — Department of Public Expenditure and Reform: Flood Prevention Measures (8 Dec 2015)

Simon Harris: Kildare County Council (KCC), in consultation with the Office of Public Works (OPW), engaged Consulting Engineers to carry out a Full Feasibility Study, Cost Benefit Analysis (CBA), and Environmental Impact Statement (EIS) on the Lower Morrell River and the surrounding River Catchment in an effort to resolve the outstanding localised flooding issues in the Straffan area. A Steering Group...

Seanad: Finance Bill 2015: Second Stage (3 Dec 2015)

Simon Harris: I shall begin by thanking all of the Senators for their contributions on the Finance Bill. Any time I have come to the House we have had an interesting and informative debate, and today has been no different. On behalf of the Minister for Finance and myself, I thank everybody for their comments and viewpoints. There were some suggestions and advance warnings about matters that Senators...

Seanad: Finance Bill 2015: Second Stage (3 Dec 2015)

Simon Harris: A significant change has been made and it is as much as we could afford on this occasion. The Minister has, however, indicated that he sees a change to the group A tax-free threshold in this year's budget as the start of a process. Provided, among other factors, that our economic recovery continues, and if the Minister remains the Minister for Finance, he intends to examine the scope for...

Seanad: Finance Bill 2015: Second Stage (3 Dec 2015)

Simon Harris: The UK started in the exact same way as we are doing. Unfortunately, we must remain within the fiscal rules. If we put more into one area, we have to take it away from another. It is about getting that balance right. The relief will be kept under review and subject, among other factors, to the economic recovery continuing, we see significant scope for further enhancing it into the future....

Topical Issue Debate: NAMA Portfolio (2 Dec 2015)

Simon Harris: I thank Deputy Durkan. As I said, NAMA is legally constrained from commenting on assets under the control of its debtors. Because this is confidential information, neither myself nor the Minister for Finance would have knowledge of a specific property's relationship with NAMA. Section 99 of the NAMA Act 2009 sets out how the transfer of loans and the various rights and obligations relating...

Topical Issue Debate: NAMA Portfolio (2 Dec 2015)

Simon Harris: I thank Deputy Durkan for raising this issue of importance to all Deputies in terms of wanting to see development of their town centres and the return of economic activity. As the Deputy is aware, NAMA is legally constrained from commenting on assets that are under the control of its debtors, which is confidential information as defined by the NAMA Act as passed by this House. On the...

Leaders' Questions (2 Dec 2015)

Simon Harris: Does the health service get any funding in America?

Leaders' Questions (2 Dec 2015)

Simon Harris: Deputy Adams might make the Deputy Minister for Health yet.

Leaders' Questions (2 Dec 2015)

Simon Harris: Deputy Adams will make the Deputy Minister for Health.

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