Results 6,381-6,400 of 36,118 for speaker:Pearse Doherty
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: While things will not get worse for those who heat their homes through gas, the Minister will ensure, through the measures that were taken last year and extended this year, that things will be better for them in respect of a reduced cost. The Minister could do the same for home heating oil but he has decided not to do so. There is an issue of fairness here as there are over 500,000...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: No, I am talking about excise.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: That revenue is not hypothecated.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: This section deals with section 110 companies. The Commission on Taxation and Welfare recommended a review of the tax treatment of section 110 companies and the Minister committed to that in his budget speech. Such a review is long overdue and Sinn Féin has been calling for one year after year, most recently in June 2021. These calls have been repeatedly ignored by the Minister and...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: That is the clarification-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: I have tabled amendments relating to VAT rates of 0%. I will be brief on this. This section deals with the zero-rating of items in respect of the media industry and certain medical and sanitary products. I support the section, particularly in respect of medical and sanitary products. I say that because I will focus on the media part of the section if that is okay. We know that on budget...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Will the Minister clarify the following for me? Is it not the case that he announced on budget day that he would zero-rate newspapers as well as news periodicals?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Obviously, the Minister's speech does not encompass all the tax changes, but did the tax changes document published as part of the budget day package include newspapers and news periodicals or did it just include newspapers?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: However, that was not checked before the budget documents were published where the Minister committed to reducing the VAT on news periodicals. I have it here in front of me. Was it that he did not get that checked out beforehand?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: How much will it cost to move newspapers and their online editions to a zero rate of VAT?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Is that in a full year or in the first year?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: The budget day documents gave a figure of €39 million for newspapers and news periodicals and digital editions.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: That is for the two that will be done now, but for the-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Where did the Department get the €6 million reduction for news periodicals?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Therefore, €6 million would be the additional cost for news periodicals. Is that correct?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: Fine. In terms of their online editions, the Bill proposes to provide for zero-rate VAT for newspapers, including digital editions. How will Sunday newspapers work in this regard? What is the difference between a weekly published newspaper and a weekly news periodical? Is it the paper it is printed on? What is the definition in VAT law? Let us consider, for example, Phoenixmagazine and...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: I support the measure but I am trying to understand it. I am using brand names and it is no reflection on any of the brand names I am using, including the Phoenixand the Sunday Independent, which I have already mentioned. Let us consider just e-publications. The Currencyis just an online publication. Will that now fall within the zero-rate VAT directive?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: I appreciate that. It might have been unfair for me to ask a question about a specific company. I am not trying to talk about the actual online publication, but rather about the types thereof. A weekly Sunday newspaper - I do not want to give a brand name - which has a digital edition only will qualify for zero rate VAT in future.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)
Pearse Doherty: If a weekly current affairs magazine like Phoenixwas only in digital form, would it qualify for zero-rate VAT?