Results 10,841-10,860 of 35,617 for speaker:Pearse Doherty

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: There was no revised guidance. The Minister should clarify the record. There was a clarification. On 22 June the Central Bank wrote to me-----

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: The Minister is completely asleep at the wheel. He has not protected the homeowners, who now have additional debt because the banks have charged interest. He has backed the banks on that.

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: I thank the Minister for taking up that suggestion. The concern in this regard is there is a lack of awareness of what the liability will be for employees in the first instance. It could be substantial, particularly if it is extended. We also know that those benefitting mostly from the TWSS and the PUP are those in low-income sectors. Those hit hardest as a result of the pandemic are...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: It is not a cap. It is about ensuring the deductions by Revenue would be spread over a longer period.

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 10. To ask the Minister for Finance the tax treatment of the Covid-19 pandemic unemployment payment and payments under the temporary wage subsidy scheme; the way in which liability will be calculated for 2020; the way in which it will be collected; the planned tax treatment of both payments in cases in which the liability due exceeds unused tax credits for 2020; and if he will make a...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: I want to ask about the tax treatment of the temporary wage subsidy scheme, TWSS, the way in which the liability will be calculated for 2020, the way in which it will be collected and the planned tax treatment of the payments in cases in where the liability due exceeds the unused tax credits for 2020. This is a significant worry for workers whose employers are benefitting from the TWSS and...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: This is one of the issues we addressed when the scheme was introduced. The scheme has been extended and will be extended again. It needs to be extended for affected sectors right out to the end of the year. However, if we take it that it will potentially run for 22 weeks, for those workers and employees who have benefitted to the maximum amount of €410, it is more than €9,000...

Ceisteanna Eile - Other Questions: Student Accommodation (16 Jul 2020)

Pearse Doherty: The principle is that we are all in this together. Many, but not all, providers of student accommodation have done the right thing during this pandemic. It is clear that many others have opted out of doing that. The problem is that they are opting in to the supports. Some supports are structured in terms of companies that have people working for them in accommodation, and are being...

Ceisteanna Eile - Other Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: We need to get a positive approach, particularly where the State has shareholdings in these banks. The TWSS will have to be extended. This will cause other issues for people who have had no reduction in their income, who are not at any risk of losing their jobs and who have paid a substantial deposit, amounting to thousands of euro, which they are going to lose as a result of the approach...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: 3. To ask the Minister for Finance his views on recent findings regarding the effective rate of tax paid by certain companies here; and if he will make a statement on the matter. [16465/20]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: The report published by the OECD last week, which the Minister just mentioned, found that the effective tax rate paid by companies in the State was 12%, which is close to the statutory rate of 12.5%. Some will question the report but this comes at a time when our tax arrangements in this State are under intense scrutiny. Yesterday, the European Commission announced a series of tax proposals...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: The Minister and myself differ on many issues, particularly on aggressive tax planning and loopholes that need to be continually closed and monitored in our own tax code. However, we do agree on the principle of sovereignty and of tax sovereignty in particular. Yesterday, the European Commissioner of the Economy, Paolo Gentiloni, wrote in the Financial Times: we must stand ready to...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: Yesterday, Ireland was also fined €2 million for the Government's failure to transpose an anti-money laundering directive on the preferential ownership of shares, which I raised with the Minister a number of years ago. However, that is not the key issue here and there are much more serious ones at play. One of the policies mooted by the Commissioner and the Commission is the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: Am I not allowed to put another supplementary question to the Minister?

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: I understood that I would be allowed to ask a second supplementary question.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: 1. To ask the Minister for Finance the measures he has taken and will take to prohibit the accrual of interest during the moratorium period for mortgage breaks taken in the context of Covid-19; his views on comments made with retail banks at a meeting held on 11 May 2020; and if he will make a statement on the matter. [16464/20]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: Déanaim comhghairdeas leis an Aire ar son a cheapacháin arís mar Aire Airgeadais agus mar chathaoirleach ar an Eurogroup. Tá súil agam go mbeidh tairbhe ann dár Stát agus pléifimid sin níos moille. Ba mhaith liom ceist a chur ar an Aire ó thaobh na cruinne a bhí agaibh ar an 11 Meitheamh. The Minister, Deputy Donohoe, along with the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: There was only one set of guidelines. They have never changed. I hope the Minister accepts that. Clarification was provided during different periods. The Minister is right to say I wrote to the Central Bank on 11 June. I asked in my letter why Belgium and Spain were able to waive interest rates for consumers in those jurisdictions, while working to the same EBA guidelines. I knew the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 18. To ask the Minister for Finance if an extension of the temporary wage subsidy scheme will be considered for sectors and employers that continue to be affected by public health measures; his plans to discontinue, modify or taper payments under the scheme; and if he will make a statement on the matter. [16299/20]

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 64. To ask the Minister for Finance if the temporary wage subsidy scheme will be modified to allow employers to avail of same for seasonal workers moving from part-time to full-time hours during peak season (details supplied). [15815/20]