Results 881-900 of 1,683 for speaker:Derek McDowell
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I take it the Minister is speaking of sheltered housing and the like.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: Does this section deal with nursing homes at all?
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: Is that to encourage further take-up?
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I want to explore the effectiveness and the level of take-up of some of the capital allowances schemes. I believe sections 26 and 27 refer equally to the schemes. Specifically, the Minister is extending the availability before terminating some of the schemes. I want to use the opportunity provided by this debate to explore the take-up of some of the schemes. Some of the schemes, such as the...
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: Is that the proposed scheme in south County Dublin? I refer to a proposed development in Dún Laoghaire.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: It has not worked.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: We could usefully examine this section, which provides for tax relief for research and development.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I understand that.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: It is a pity that the change was made, because we should seek to encourage a significant measure of additional research and development. It may not be worthwhile to get involved in the administrative hassle of dealing with relatively small amounts of research and development, which give quite little additional benefit. I welcome the scheme, generally speaking, and I wish it well. I share the...
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: Perhaps I share the misunderstanding. I understand that buildingsââ
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: My understanding of the section is that buildings that are constructed for the particular purpose of research and development are liable for the relief. The Minister is aware that it is a generous relief. I understand that it is basically a double relief, in a sense. There is nothing wrong, in principle, with giving tax relief on such buildings, but it would be worrying if a significant...
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I appreciate that it is not the intention. Is it open to being used in such a way?
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: Perhaps a summary would be useful.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I wonder what the real position is and to what extent the Revenue knows the number of taxpayers availing of particular reliefs. Even more pointedly, I wonder to what extent the Minister knows. I ask the Minister if he has statistics which he can consider each year in the context of the Finance Bill. Is he aware of the number of individuals or companies who are availing of a particular relief?...
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I do not think they have been this year, unless I am mistaken. Have the TSG papers been published?
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: They used to be published after the budget and before the Finance Bill. I remember well because I spent many a night having a good look at them.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: It was particularly helpful in the context of the Finance Bill. I wonder if there has been a change of policy in the Department of Finance.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: It was not one of our good ideas.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I was sceptical about it.
- Seanad: Finance Bill 2004 [[i]Certified Money Bill[/i]]: Committee and Remaining Stages. (24 Mar 2004)
Derek McDowell: I have no interest in the horse industry, good, bad or indifferent but one thing I am sure of is that the Minister, despite what he has said about reviewing, assessing and collecting information on numbers and so on, has not the remotest intention of interfering with it. This will allow us to flog that particular horse for another couple of years at least. I suppose it suits all concerned. I...