Results 9,841-9,860 of 27,945 for speaker:Michael McGrath
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: An issue that often arises when debating this issue is tax relief for professional subscriptions. However, the divide seems to be between the self-employed and PAYE taxpayers. If a PAYE worker pays a professional subscription, unless it is a requirement of the job that he or she be a member of the professional body in question, the employee will not get tax relief on the subscription....
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: Sinn Féin did not campaign against it.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: Sinn Féin did not.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The Deputy should look back at the manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The Deputy should look back at his party's general election manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: Sinn Féin did not even raise this issue in the general election.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: Sinn Féin did not raise it in its manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The Deputy should read his party's manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The Deputy should read his party's manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The Deputy should read his party's manifesto to see how much Sinn Féin stated about it. Zilch.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: There was not one word about it.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: Sinn Féin did not state one word about it. The Deputy should read his party's manifesto.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: This provision relates directly to the confidence and supply agreement which I was involved in negotiating back in 2016. Without such a provision in the agreement, mortgage interest relief would have been removed totally for everyone at the end of 2017 and there would have been a cliff-edge effect. All of the benefit people had been enjoying would have been lost. On average, it was worth...
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: I will be brief. As the Minister is aware, this is touching on a problematic area. We are all familiar with the staggering sight of dozens of people queueing to view a property that becomes available on the rental market. The inability to save is very real for people who are renting in the private market who want to purchase their own home. Even if they could service a mortgage, they...
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: The topic does not matter.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: I will set out the Fianna Fáil position. We regard the digital tax proposals as the first step towards tax harmonisation through the back door. It is the thin end of the wedge and it does represent a transfer of taxing rights. It will also represent a transfer of actual tax revenue from smaller member states, such as Ireland, to larger member states. There is a need, undoubtedly, for...
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: While the Minister gave the commitment described, in further conversation it became clear that the Revenue intends to issue guidance on the application of VAT in this area. We do not know whether the Revenue guidance or the review in the tax strategy papers will come first? I asked the Minister to give a commitment not to implement any change in respect of interpretation until we have the...
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: I move amendment No. 26:In page 134, between lines 1 and 2, to insert the following:“VAT on food supplements45.The Minister shall within three months of the passing of this Act, prepare and lay before the Oireachtas a report on the different rates of VAT charged on food supplements and on whether certain categories of food supplements should be retained in the zero rate VAT...
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: People dedicate their lives to providing these products with the objective of making a commercial return but also of helping people in their lives. I do not know if those are comments that the Minister of State supports, but they were made by the leader of his Government.
- Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)
Michael McGrath: On the substantive issue, we seem to be in a grey area. The current system of VAT on food supplements is riven with disputes. There is a distinct lack of clarity. I would go as far as to say it is dysfunctional. Some people may be regarded by Revenue as compliant, while others may be regarded as not compliant. People often do not know whether they are compliant with the application of...