Results 9,301-9,320 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: VAT is a tax on consumption and is applied to supplies being made by a person and not to supplies received by them. In this context, it is not possible under EU VAT law, with which Irish VAT law must comply, to introduce VAT exemptions based on services received, nor to introduce an exemption based on the recipient of a service. Non-profit groups engaged in non-commercial activity,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: The EU VAT directive makes specific provision for VAT not to be charged on the supply of sea-rescue vessels. The directive does not contain a similar provision exempting mountain rescue equipment from VAT. The exemption is in the directive. It is parented for our point of view and we can have it here as an exemption.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: There are anomalies in the VAT directive which one would like to raise but they are only raised in the context of a review of the directive. They are not raised on an item-by-item basis. I would have no opportunity to do it on an item-by-item basis. While there is some discussion about the future of VAT as an appropriate taxation method, there is no signal to us yet that there is any...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I move amendment No. 69: In page 81, between lines 9 and 10, to insert the following:"Amendment of section 111 of Principal Act (assessment of tax due)63.Section 111 of the Principal Act is amended in subsection (2)(a) by substituting "if he or she is aggrieved by the assessment” for “if he or she claims that the amount due is Excessive".".Section 111 of the VAT Consolidation...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I thank the Deputy for his amendment. This has been raised in the House a number of times and was the subject of an Adjournment debate in the Seanad. Under the EU VAT directive, with which Irish VAT legislation must comply, it is not possible to apply an exemption from VAT for dance lessons in general, including Irish dancing. Accordingly it is not possible to accept this amendment. EU...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I am working on the advice notes I have received, including when I replied to the Adjournment debate in the Seanad. It seems the exclusion or inclusion of ballet is not for ballet per se or preferential treatment for one type of dancing over another, it seems to rest on three criteria, which are that the teacher is qualified; that there is a recognised curriculum which applies throughout...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: Yes, the provision on green fees for membership golf clubs was not something to which I subscribed voluntarily. It was a change in European law. We followed and legislated for a change in the directive instructed from elsewhere. VAT is very much driven by European VAT directives. I cannot predict whether Revenue would grant VAT exemptions, but it seems, from what it has said, that the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: That is not in the amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: The Deputy is speaking about the section.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I thought he was speaking about the amendment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: That is like saying there is a disincentive in being honest. That is effectively where the argument leads. Of course, there is a disincentive in being honest if there many people who can make money out of acting fraudulently. That is the point.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: The suspicion arose when the person fulfilled the order. It did not arise after the person made the delivery. The legislation enacted two years ago was to trace the supply chain. Obviously that puts certain obligations on suppliers, not on receivers.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: Good faith is always a defence. If the Revenue believes people act in good faith it will not pursue them. The Deputy asked a question previously which I did not answer as to why the measure was-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I cannot do it here.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I will not get involved in this intervention because I do not want to interfere in the doctor-patient relationship.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: It is not just a scheme for disabled persons who drive cars. It is a scheme for persons whose disability prevents them or seriously inhibits them from being mobile so the criteria are quite strict. It is a generous scheme and we have succeeded in maintaining it right through the crisis when many other schemes were either abolished or trimmed back. We are reviewing it now but we are not...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: From memory, I believe there are 11,000 people in the scheme. It is an issue that is being reviewed.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: The Revenue Commissioners inform me that they are examining the supply chain data and if they match up with one of the stations about which they are suspicious, then they act because they have good grounds for acting at that stage. They also inform me that the 120 filling stations that were closed down since 2011 were closed down on foot of examining supply chain data and this has been very...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: I will get a view on that for the Deputy. I cannot really give him a legal opinion on it, but I will give him an indication of Revenue practice as soon as I get a note. The supplier who supplies rebated fuel recklessly is liable for the duty. That is what the note states.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Noonan: That person would be pursued for the recovery of the duty lost. However, I do not believe he or she would be pursued for a criminal offence. They may be pursued because they have supplied in a manner which ended up as reckless trading and as they had suspicions they should not have supplied and there is a loss of excise duty. The supplier is deemed to be responsible for the loss of duty...