Results 12,161-12,180 of 16,679 for speaker:Peadar Tóibín

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: No. I was-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I believe that 95% of the population would.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: There are a suite of assets that could be included.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: For example, all income from savings in excess of €1 million per annum; stocks and shares and all other financial products in public companies; shares in private non-trading companies; and land, buildings and second and subsequent homes. The Minister referenced second and subsequent homes. If the Minister were to abolish the property tax and impose a €400 tax on second homes,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: This happens in France and Norway.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I was referring to working land.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: Working farmland, livestock and blood stock would be exempted from it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: Working farmland, as understood in the context of approximately 200,000 farms in this country, is land on which a number of agricultural products are produced and from which income is derived for a family.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: The Minister can get Jesuitical on the differences but his Department is sufficiently resourced and staffed-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: No, but the departmental staff are sufficiently skilled to be able to differentiate between working farmland of a family and an asset held by a wealthy person in order for it to appreciate. Currently, banks of land throughout this country are being held by developers in the hope that they will increase in value such that when they build on it they will be able to maximise their profit...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 75:In page 81, between lines 19 and 20, to insert the following: "66. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options for the abolition of the Local Property Tax.". There is no point rehashing the debate we have had thus far. Amendment No. 76 provides that the Minister report on the cost...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I welcome the changes with regard to pyrite. The latter was a brake on families proceeding in that direction. I worry about the self-assessment element. Many of the people in Riverwalk Court, Longboat Quay and in Donegal suffering as a result of the impact of muscovite mica are under fierce stress already. One's home is one of the foundations of one's well-being and if it is unsafe or...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 76:In page 81, between lines 19 and 20, to insert the following:“66. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the cost of the proposed freezing of the Local Property Tax and the likely property prices in 2019.”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 78:In page 81, between lines 19 and 20, to insert the following:“66. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options on extending the exemptions from the Local Property Tax to residents in buildings unsafe because of fire safety regulations or other structural issues.”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: The ESRI did state that the first four budgets of the Government were regressive and it also stated that in budget 2016 the bottom 20% received the least. Someone on €28,000 received little. We had the USC debate yesterday about the difference between those at the top and at the bottom. Social Justice Ireland said that somebody on social welfare was not getting the same level of...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: How long do we have left? Is it about an hour?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: Okay, that is fine.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 93:In page 95, between lines 21 and 22, to insert the following:"Amendment to Section 10(A) of the Finance (Local Property Tax) Act 2012 84 The Finance (Local Property Tax) Act 2012 is amended in section 10(A) by substituting the following subsection for subsection (3):"(3) Notwithstanding subsection (1) and (2) and subject to subsection (4), the Minister for the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 94:In page 95, between lines 21 and 22, to insert the following:"Amendment to Section 10(A) of the Finance (Local Property Tax) Act 2012 84 The Finance (Local Property Tax) Act 2012 is amended in section 10(A) by substituting the following subsection for subsection (4):"(4) Notwithstanding subsection (3) and subject to subsection (5), a residential property shall not,...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Peadar Tóibín: I move amendment No. 99:In page 95, between lines 35 and 36, to insert the following:"85. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options for abolishing the penalty for payments of taxes, such as the Motor Tax, in instalments.". This amendment does not really involve any ideological differences but it is a...