Results 1,181-1,200 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Departmental Consultations (17 Jan 2024)

Michael McGrath: I propose to take Questions Nos. 323 and 368 together. My Department and Revenue have, for some time, been aware of issues arising from contractual arrangements within the General Practitioner (GP) community whereby some GPs treat income under their General Medical Services (GMS) contract as income of a GP practice in which they are a partner or an employee, rather than income of that...

Written Answers — Department of Finance: Tax Rebates (17 Jan 2024)

Michael McGrath: I propose to take Questions Nos. 324 and 325 together. I am advised by Revenue that section 469 of the Taxes Consolidation Act 1997 (TCA 1997) provides for tax relief where an individual proves that he or she has incurred costs in respect of qualifying health expenses. Only “health expenses” incurred in the provision of “health care”, which has been carried out or...

Written Answers — Department of Finance: Departmental Policies (17 Jan 2024)

Michael McGrath: As the Deputy may be aware, for the purposes of Capital Acquisitions Tax (CAT), the relationship between the person who provides the gift or inheritance (i.e. the disponer) and the person who receives the gift or inheritance (i.e. the beneficiary) determines the maximum life-time tax-free threshold. This is known as the “Group threshold” below which gift or inheritance tax does...

Written Answers — Department of Finance: Vehicle Registration Tax (17 Jan 2024)

Michael McGrath: Since 8 April 2013, a person exporting a passenger car from the State may claim for repayment of a portion of the Vehicle Registration Tax (VRT). The VRT export repayment scheme was introduced under the Finance Act 2012, which inserted Section 135D into the Finance Act 1992. The scheme allows for repayment of residual VRT based upon the vehicle’s value at the time of export, subject...

Written Answers — Department of Finance: Tax Yield (17 Jan 2024)

Michael McGrath: I am advised by Revenue that the provisional Carbon Tax receipts for 2023 are €935m. Carbon Tax receipts for 2022, and previous years, are published on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statis tics/excise/receipts-volume-and-price/excise-receipts-commod ity.aspx. As the Deputy will be aware, the Minister for Public Expenditure, NDP...

Written Answers — Department of Finance: Tax Code (17 Jan 2024)

Michael McGrath: Food Vision 2030 is our shared strategy for the continuing development of the agri-food sector in Ireland, developed for the sector by the sector. Food Vision is a landmark for the Irish agri-food sector with the potential to transform our agriculture, food, forestry and marine sectors in the period to 2030, with sustainability at its core. The research and development (R&D)...

Written Answers — Department of Finance: Research and Development (17 Jan 2024)

Michael McGrath: While my Department has not commissioned research under the initiatives listed, the Deputy may be interested to note that under the Department of Finance/ESRI Joint Research Programme, the ESRI is carrying out a study on cross-border employments and it is anticipated that this work will be completed in 2024. To support development of a more ambitious agenda for cooperation and connection...

Written Answers — Department of Finance: Site Acquisitions (17 Jan 2024)

Michael McGrath: I have raised this matter with NAMA and have been advised that the appointed Receiver over this site has advanced a draft contract for sale with the Department of Education which is currently under negotiation. The site is zoned for community and education purposes, and it is understood that the Department intends providing a school campus on these lands.

Written Answers — Department of Finance: Departmental Data (17 Jan 2024)

Michael McGrath: As the Deputy will be aware, the General Data Protection Regulation (GDPR) and the Data Protection Act 2018 came into effect in May 2018 and formalised data sharing arrangements. This was subsequently supplemented by the Data Sharing and Governance Act 2019. In this context, I am informed by my Department that a schedule of the personal or person specific dataset as requested by the Deputy...

Written Answers — Department of Finance: Tax Code (17 Jan 2024)

Michael McGrath: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within Annex III of the Directive, in respect of which Member States may apply either one or two reduced rates of VAT. A small number of categories in Annex III may have a...

Written Answers — Department of Finance: Tax Reliefs (17 Jan 2024)

Michael McGrath: I am aware that Action 74 of the Joint Committee on Autism's June 2023 report proposes adoption of a needs-based approach to the Disabled Drivers and Disabled Passengers Scheme (DDS). The Department of Finance has oversight of the (DDS) only. It has no role in broader disability policy or services. The final report of the NDIS Transport Working Group's review of mobility and transport...

Written Answers — Department of Finance: Tax Credits (17 Jan 2024)

Michael McGrath: I propose to take Questions Nos. 336 and 337 together. Finance Act 2022 introduced the Rent Tax Credit, which is provided for in section 473B of the Taxes Consolidation Act 1997. This is an income tax credit of up to €500 per year (or up to €1,000 for jointly assessed couples) which may be claimed in respect of qualifying rent paid in 2022 and 2023. Finance Act 2023 increased...

Written Answers — Department of Finance: Legislative Measures (17 Jan 2024)

Michael McGrath: My Department has been working with the Ireland Strategic Investment Fund (ISIF) as part of the NTMA on the most appropriate way to address the issues raised by the Illegal Israeli Settlements Divestment Bill 2023 which was brought forward by Deputy John Brady. The engagement by my officials with relevant stakeholders including the NTMA and the Oireachtas Committee on Foreign Affairs and...

Written Answers — Department of Finance: Mortgage Resolution Processes (17 Jan 2024)

Michael McGrath: The Deputy will be aware that the Central Bank of Ireland publishes mortgage arrears statistics on a quarterly basis. These are publicly available on the Bank's webpage. I have been informed by the Central Bank of Ireland that quarterly mortgage arrears statistics have been collected since September 2009. The end year long-term arrears are provided for the years 2009 to 2022 in the table...

Written Answers — Department of Finance: Illicit Trade (17 Jan 2024)

Michael McGrath: I propose to take Questions Nos. 343 and 345 together. Revenue has primary responsibility for the prevention, detection, interception and seizure of controlled drugs intended to be smuggled or illegally imported into, or exported from, the State. I am advised by Revenue that its drugs interdiction strategy supports the Government’s strategic approach to the misuse of drugs under the...

Written Answers — Department of Finance: Revenue Commissioners (17 Jan 2024)

Michael McGrath: I am advised that Revenue currently operates 25 dog detector teams, including one team working on behalf of the Department of Agriculture, Food and the Marine. The year one cost of each detector dog team is approximately €100,000. This includes the cost of a trained detector dog, salary of the handler, training for the handler with the dog, transport, and kennelling arrangements....

Written Answers — Department of Finance: Tax Data (17 Jan 2024)

Michael McGrath: I propose to take Questions Nos. 346, 347, 348, 349, 350 and 360 together. The Tax Debt Warehousing Scheme has offered valuable and practical liquidity support to businesses during the COVID pandemic and continues to support businesses as they recover from the impacts of the pandemic and the cost of living crisis. It has assisted businesses with their cash-flow during difficult trading...

Written Answers — Department of Finance: Financial Services (17 Jan 2024)

Michael McGrath: As Minister for Finance, I am precluded from intervening in commercial and operational decisions in any particular bank, even one in which the State has a shareholding. Decisions in this regard are the sole responsibility of the board and management of the banks, which must be run on an independent and commercial basis. This independence is protected by a Relationship Framework which is a...

Written Answers — Department of Finance: Vehicle Registration Tax (17 Jan 2024)

Michael McGrath: I am advised by Revenue that each application for exemption or relief from Vehicle Registration Tax (VRT) under the Vehicle Registration Tax (Permanent Reliefs) Regulations 1993 is considered on a case-by-case basis. Such applications may, where appropriate, include the consideration of ‘normal residence’ criteria as defined in the Regulations. A taxpayer has the right to...

Written Answers — Department of Finance: Primary Medical Certificates (17 Jan 2024)

Michael McGrath: The final report of the National Disability Inclusion Strategy (NDIS) Transport Working Group's review of mobility and transport supports including the Disabled Drivers and Disabled Passengers Scheme (DDS), endorsed proposals for a modern, fit-for-purpose vehicle adaptation scheme in line with international best practice that would replace the DDS, as it is no longer fit-for-purpose on any...