Results 7,541-7,560 of 33,175 for speaker:Paschal Donohoe
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I did not come in on that. The Deputy is right. I will come back on that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: Yet again the Deputy has put words in my mouth. At all times when I responded I was at pains to acknowledge the difficulty that people face who do not have regular public transport or who are let down by public transport in the way that Deputy Doherty has just said. The people to whom he refers are also those citizens who face a change in nature and change in the future of our country. The...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: -----when they look back at this-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: -----because they will look back and ask those, who at a time in which we needed to change the use of carbon, what side of the debate one was on. Deputy Doherty has laid out very clearly what side of the debate he is on. By not supporting this measure, in the face of seismic change that is coming and is driven by the use of carbon, he is saying that he is committed to this tax but now is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: The problem is, in the last two budgets when energy pricing was lower, he did not support carbon taxes at that point anyway. So in other budgets when we did not have the level of energy pricing that we have now, Deputy Doherty did not support a change in carbon tax in those budgets either. When the generations to come look back on a world that is going to be marked by the movement of people...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: The Deputy asked me about the use of carbon tax estimates. He is correct to say that I did not answer due to the variety of other issues with which I had to deal. Apologies for that. The most recent projection provided by my Department for the period 2021 to 2030 is €9.2 billion in additional carbon tax revenues. Projections are point-in-time exercises and the reviews are...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: This section administers the VAT Consolidation Tax Act in sections 15 and 115 in relation to VAT groups. For administrative convenience where a number of persons, including at least one taxable person, are established in the State and are closely bound by financial, economic and organisational links, Revenue may deem them to be a single taxable person referred to as a group. Under these...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: It will apply to the person, organisation or business that holds the deposit.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: Is this regarding section 52?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I do not think there are any thresholds for it.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: This deals with the issue of refunds where VAT does not apply to the person who paid the VAT in the first place. There is a list of different circumstances in which this will happen. The most notable for me is including the VAT on stocks of radio receivers and record players purchased before 1979 which are now being resold.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: Indeed.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I thank the Deputies for the different points that they have raised. I will begin with the points put forward by Deputy Doherty. He is correct in stating that two countries within the European Union are pursuing the action that he has described, but 25 are not doing so. As for what those other countries are doing, they are doing the kind of things that we are looking at doing, which is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: Very briefly. It was not possible then; it is not possible now.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I stand by what I said. A zero rate is not possible and cannot be done. Can the Deputy explain to me how to do a VAT rebate?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I stand by what I said. Zero-rating VAT cannot be done. Does the Deputy accept that?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: You are wrong;-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: -----it cannot be done.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: A zero-rating of VAT cannot be done. Deputy Doherty has just acknowledged that. As for the rebate, how you would organise a rebate to every energy user in the country, with the urgency that Deputy Doherty is describing, remains to be seen. I stand by what I said. The Deputy is referencing two countries; 25 others did not take such measures. Those other 25 countries are not standing idly...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Paschal Donohoe: I thank the Deputies. There are three points here. One is about how we respond to the great harm done by mica. I am faced with calls all the time to meet groups about every issue the Government is dealing with that involves the use of money. I am inevitably called on to meet those affected by mica. If I decide to meet residents and homeowners who have had such an awful time with this...