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

Pearse Doherty: There is another one.

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

Pearse Doherty: I am just trying to be helpful.

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

Pearse Doherty: The full year of the measure the Minister is introducing in the Finance Bill is €33 million, but the full-year cost of the measure announced in budget day documents, which included newspapers, news periodicals and digital editions, was €39 million. Is that okay?

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

Pearse Doherty: The point I am trying to get at is that the Minister is targeting 6,000 homes out of 57,000 homes, according to the self-assessed survey the Department did. That is 6,000 homes out of the 160,000 lying vacant, according to the CSO. If there is no punitive penalty for not declaring, that is an issue. There is a question in respect of this legislation: is the 8% an appropriate penalty for...

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

Pearse Doherty: Okay. That is fine and I accept that. Therefore, if the Minister accepts the design of both schemes, he has to accept the upper cost limit of his scheme is €30 billion. Does he accept that?

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

Pearse Doherty: I apologise. Both the Tories and Viktor Orbán's party were sister parties of the Minister’s party but are no longer. Is that the case? Is that the accurate reflection?

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

Pearse Doherty: I want to be associated with those comments. These have been three long days. Thankfully, we have had the practice in the past number of years not to have a guillotine. There was a kind of guillotine this year for reasons there had to be and we facilitated that. The committee has worked well for the past three days in ensuring that all sections, as best as we could, were dealt with and...

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

Pearse Doherty: I move amendment No. 163: In page 212, between lines 2 and 3, to insert the following: “Report on the operation of the Temporary Business Energy Support Scheme 89.The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the operation of the Temporary Business Energy Support Scheme, and options to amend its...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Pearse Doherty: Will the Minister outline how many people are already availing of the cycle-to-work scheme and what provisions are in place to gather data on it?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Pearse Doherty: We do not have accurate estimates for the scheme. Revenue is not collating the numbers; the Department is just estimating them. Is that correct? The Minister is saying we do not have any definitive numbers as to how many people are applying for it. Given the value of the scheme now with electric cargo bikes and being able to avail of €3,000, is there any intention to have actual...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Pearse Doherty: I thank the Minister for his response. There are two things I would mention. I know we are coming to section 8, which I agree with. I have no issues with section 7 either, for the record. Under section 8 things like the voucher scheme will be a reportable benefit. That was €500 and has now gone up to €1,000. This is up to €3,000. There is no reason this would not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Pearse Doherty: This section deals with tax credits and the income tax package of the budget. There was a number of ways we could ensure that taxpayers benefited in the budget. The Minister chose to do a number of things but the largest component was the increase in the standard-rate band. The full-year cost of that is €739 million. Given that only 23% of income earners are expected to pay at the...

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