Results 1,141-1,160 of 9,090 for speaker:Jack Chambers

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Jack Chambers: To respond to the Deputy's question, I have said that we will keep this matter of excise under review. We have seen a reduction in the national average prices, which in May were €1.84 and €1.78, and the most recent prices as of 1 July were €1.77 for petrol and €1.69 for diesel.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Jack Chambers: What will set the wider budgetary and fiscal parameters is the summer economic statement, which we announce next week. That will set out the position on taxation and expenditure, and what is possible for budget 2025. The Deputy is posing a complete contradiction. First, he is calling for an election every day of the week in here. Second, we are actually committed to political stability...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Jack Chambers: -----that is reflected by his party and its opposition to every European treaty and its opposition to our pro-trade and pro-enterprise policies, which actually reflect in the strong corporation tax figures, the strong income tax figures, and the strong tax figures we have seen more generally in June this year. Sinn Féin's policy is to abandon all fiscal prudence, spend as it likes and...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (4 Jul 2024)

Jack Chambers: As the Deputy will be aware, the 9% VAT rate was applied on a temporary basis to the hospitality and tourism sectors until 31 August 2023 when it reverted to the 13.5% rate. The 9% rate was introduced on 1 November 2020 in recognition of the fact that the tourism and hospitality sectors were among those most impacted by the public health restrictions put in place throughout the pandemic....

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: What I said publicly is what I am restating here: a discussion is ongoing. We are committed to the introduction of a new sustainable and fair funding model and will make a decision on that in the coming weeks. In reply to Deputy Doherty's question, we are exploring all options for a new and reformed funding model with a contribution. As I said, we have not landed on any particular model...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: The vast majority do pay the TV licence fee. That underpins independence in public service media. We need ongoing support for that to be in a sustainable and long-term funding position. As I said in other domains, I support the ongoing contribution by the public to public service media and the TV licence. We are committed to making a decision on this matter in the coming weeks. In...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: That is why we have to prioritise spending and make sure there is an ongoing contribution. On the Deputy's question, I said we are exploring all options for a reformed funding model.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: That is the answer.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: We are exploring all options.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Fuel Prices (4 Jul 2024)

Jack Chambers: I will not go back to the previous question but I referenced that we are exploring all options for a funding model. That is the position. I will engage with Government colleagues on that. The Government is conscious of the implications of fuel costs for all sectors of society. This is reflected in the fact that in 2022, in light of the acute impact rising prices were having on...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 69 and 70 together. As has been stated on numerous occasions, the Government is committed to the reform of the TV licence. A long-term funding model is needed to deliver effective reform and ensure that a secure, sustainable model of funding is put in place for our public service media. The Government is committed to the introduction of a new sustainable...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Television Licence Fee (4 Jul 2024)

Jack Chambers: I thank the Deputies for their contributions. As I and the Minister, Deputy Martin, have stated, we will make a decision on this in the coming weeks. As a Government, we appreciate and understand the importance of public service media for a well-functioning democracy. It is also essential for cultural development, social cohesion and well-being. As such, it requires a funding model that...

Written Answers — Department of Finance: Fiscal Policy (4 Jul 2024)

Jack Chambers: Last week my Department published its third triennial assessment of the budgetary costs associated with ageing in Ireland. The key message from the report is that while Ireland’s demographic profile is relatively favourable at present, it is set to age rapidly over the coming decades, bringing us closer to the EU norm. While it is, of course, a very positive development that people in...

Written Answers — Department of Finance: Tax Credits (4 Jul 2024)

Jack Chambers: The Rent Tax Credit, as provided for in section 473B of the Taxes Consolidation Act 1997 (TCA 1997), was introduced by the Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025. For the tax years 2022 and 2023, the maximum value of the credit is €1,000 per year in the case of a jointly assessed couple, and €500 in all...

Written Answers — Department of Finance: Insurance Industry (4 Jul 2024)

Jack Chambers: This Government remains strongly committed to achieving a competitive and sustainable insurance market where insurance is affordable and available to all. The implementation of the Action Plan for Insurance Reform is progressing well, with vast bulk of actions now complete, and all ten principal actions finalised. Insurance reform is a priority for the Government, overseen by the...

Written Answers — Department of Finance: Fiscal Policy (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 83 and 91 together. On the 20th of March 2024, the Director of the Ireland Strategic Investment Fund (ISIF) attended the Committee on Finance, Public Expenditure and Reform, and Taoiseach hearing on Pre-Committee Stage Scrutiny of the Illegal Israeli Settlements Divestment Bill 2023. At that Committee meeting, the ISIF Director outlined that as at 31...

Written Answers — Department of Finance: Fiscal Policy (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 84 and 202 together. The purpose of the Infrastructure, Climate and Nature Fund (ICNF) is to, first, provide a fiscal buffer to support State expenditure during a period of significant deterioration in the economic or fiscal position of the State, and second, to provide support to projects that directly or indirectly contribute to climate change, nature,...

Written Answers — Department of Finance: Universal Social Charge (4 Jul 2024)

Jack Chambers: The Programme for Government (PfG), “Our Shared Future” contains a number of specific commitments relating to income tax. These include the commitment that, “from Budget 2022 onwards, in the event that incomes are again rising as the economy recovers, credits and bands will be index linked to earnings. This will be done to prevent an increase in the real burden of income...

Written Answers — Department of Finance: Tax Code (4 Jul 2024)

Jack Chambers: As has been stated on numerous occasions, this Government is committed to the reform of the TV licence. A long-term funding is model is needed, to deliver effective reform and ensure that a secure, sustainable funding model is put in place for our public service media. Government is committed to the introduction of a new sustainable and fair funding model during its term of office....

Written Answers — Department of Finance: Tax Credits (4 Jul 2024)

Jack Chambers: Section 865 of the Taxes Consolidation Act 1997 (TCA) provides a general right to repayment of tax where a person has paid tax which is not due. Section 865(4) TCA provides that the right to repayment is subject to making a claim within a statutory limit of four years after the end of the chargeable period to which the claim relates. That limit is binding on Revenue as well as on taxpayers....