Results 4,361-4,380 of 5,627 for speaker:Mairéad Farrell

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I move amendment No. 17: In page 20, between lines 25 and 26, to insert the following: “Report on Trans-Border Workers’ Relief in the context of Cross-Border Workers 16. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a comprehensive report on the Trans-Border Workers’ Relief in the context of people who...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I will do a voice vote, but I will be bringing it back on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: Amendments Nos. 19 and 20 were supposed to be with another amendment but we could not move them at the time because the Deputy was not there.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: No.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: No. I cannot remember whether it was Deputy Tóibín or another Deputy who had the other amendment and was not here. We said we would take it at this stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: No, it was not moved. I will move amendments No. 19 and 20. However, they are grouped and I will only speak once.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I do not know who is happier about that: me or the Vice Chairman. I move amendment No. 19: In page 20, between lines 25 and 26, to insert the following: “Report on tapering out of income tax credits 16.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on tapering out income tax credits for incomes between...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I propose to reintroduce this amendment on Report Stage. I disagree with the Minister. We thrashed it out earlier. This is important and I would have liked to have seen it included.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I move amendment No. 20: In page 20, between lines 25 and 26, to insert the following: "Report on income levy on high incomes 16. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of a high-income levy on high incomes in excess of €140,000.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I move amendment No. 21: In page 20, between lines 25 and 26, to insert the following: "Report on income tax relief 16. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on an income tax relief equivalent in value to 8.3 per cent of annual rent to all private rental tenants not already in receipt of any State...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: Is the Vice Chairman suggesting that we come back to the amendment at 7.30 p.m.? That would make sense.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I can speak for two minutes on rent.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: We need to wait until 6.30 p.m.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: The point the Minister was making was that the refundable tax credit could push up rent prices. I think he was referring to a matter to which I also referred, that is, the remarks of the commission in that regard. To be clear, this would need to coincide with a ban on rent increases for that period. Those two measures would need to go together. It is very important. I have outlined it....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I move amendment No. 22: In page 20, between lines 25 and 26, to insert the following: “Report on pension tax reliefs and subsidies 16.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the tax reliefs and subsidies applicable to pensions, including contributions and at drawdown, to assess their cost to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: To be clear, we are not arguing against supporting or incentivising pension contributions. We are just discussing the distribution of the tax expenditure system across the income scale. Having more data so that we could examine the matter in greater detail would be welcome and important for everyone. That is the essence of this amendment. I will only be calling a voice vote.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: If the Minister is saying that the information will be available in the coming months, I will take it that that will be the case. As such, there is no need to press the amendment.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: I will speak to that amendment, if that is okay.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Mairéad Farrell: The Dáil appears to be running ahead of schedule. As the Minister will know, we have long called for the closure of loopholes and reliefs that certain funds, companies and investment vehicles have availed of and exploited to reduce their tax liability. It is also our view that the facilitation of tax avoidance and aggressive tax planning by successive Governments has damaged the...