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Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (28 Apr 2022)

Seán Fleming: I thank the Deputies. Windfall taxes on energy companies require careful consideration. A windfall tax could create unintended consequences. For example, it could disincentivise investment in renewable energy generation, as there would be uncertainty on profits returned for generators entering the market. Interventions such as windfall taxes may have the potential to reduce the energy...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (28 Apr 2022)

Seán Fleming: I thank the Deputy for raising this, and I join other Members in giving condolences to the Minister, Deputy Donohoe, on the sad passing of his mother. In regard to the question at hand, the Minister for Finance and the Government are very conscious of the negative impact the rapid rise in energy costs is having on society. The Government is doing everything within its powers to address...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (28 Apr 2022)

Seán Fleming: Our context did mention the issue of VAT and the VAT directives in that correspondence from the Minister, and as the Deputy is aware, following lengthy negotiations, amendments to the VAT directive were provisionally agreed in December 2021 with final sign-off on the amended text at ECOFIN, in April 2022. This new arrangement came into effect on 5 April, so the Deputy can see discussions in...

Financial Resolution No. 2: Mineral Oils Tax (27 Apr 2022)

Seán Fleming: I thank all of those who contributed to what was a good, strong and robust debate in the last hour or so. I want to summarise and conclude in respect of the two motions before the House, one of which deals with VAT and the other with excise duties. The purpose of the first financial resolution is to reduce VAT on gas and electricity from 13.5% to 9%. This is possible because, as a...

Financial Resolutions 2022 (27 Apr 2022)

Seán Fleming: I move the following Financial Resolutions:

Financial Resolution No. 2: Mineral Oils Tax (27 Apr 2022)

Seán Fleming: The first financial resolution provides for a temporary reduction in VAT on gas and electricity. At present, gas and electricity have a 13.5% VAT rate applied. This will be reduced to a 9% VAT rate from 1 May to 31 October 2022. The second financial resolution provides for an extension and enhancement of the excise duty decreases on mineral oil taxes the Government provided for in...

Carbon Tax: Motion [Private Members] (27 Apr 2022)

Seán Fleming: I welcome the opportunity to contribute to the debate. I have listened carefully to the comments of many of the Deputies and I understand what they are saying. While I might not agree with some of what has been said I understand the full sentiment behind it. Members will be aware of the important actions this Government has taken in the space of climate action and meeting emissions...

Carbon Tax: Motion [Private Members] (27 Apr 2022)

Seán Fleming: -----is we must make choices. I am going to watch the vote tonight very carefully. I acknowledge-----

Carbon Tax: Motion [Private Members] (27 Apr 2022)

Seán Fleming: -----where the Rural Independent Group is coming from. Its Members are consistent in what they are saying. However, I look at the Members beside them who are not here. I highlight Sinn Féin. I am going to watch how Sinn Féin Deputies vote tonight. Sinn Féin's pre-budget submission last year was based on collecting €652 million in carbon tax. Sinn Féin did not...

Insurance (Miscellaneous Provisions) Bill 2022: Second Stage (26 Apr 2022)

Seán Fleming: I thank all of the Deputies who contributed to the debate, each of whom said they were supporting the Bill and not opposing it which suggests it is non-contentious. I appreciate the comments of all the Deputies opposite and no doubt we will have more detailed discussions on Committee Stage in due course. Some Members said the Bill could do more and that is one of the points we will discuss....

Insurance (Miscellaneous Provisions) Bill 2022: Referral to Select Committee (26 Apr 2022)

Seán Fleming: I move: That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 95(3)(a) and 181(1).

Insurance (Miscellaneous Provisions) Bill 2022: Second Stage (26 Apr 2022)

Seán Fleming: I move: "That the Bill be now read a Second Time." I welcome the opportunity to address Dáil Éireann today on the Insurance (Miscellaneous Provisions) Bill 2022, which was published on Friday, 1 April. As Minister of State with responsibility for insurance, I move this Bill to address a number of insurance-related matters that have arisen after the publication in December 2020...

Saincheisteanna Tráthúla - Topical Issue Debate (Resumed): Agriculture Schemes (6 Apr 2022)

Seán Fleming: The schemes are being dealt with separately in order that there will be no confusion on the part of applicants. The Minister, having visited the area, is fully aware of the stress this is causing. I appreciate it has taken some time, but the RPS Group report we mentioned, which was very comprehensive at more than 60 pages, was completed just over 12 months ago and published in February...

Saincheisteanna Tráthúla - Topical Issue Debate (Resumed): Agriculture Schemes (6 Apr 2022)

Seán Fleming: I will do that.

Saincheisteanna Tráthúla - Topical Issue Debate (Resumed): Agriculture Schemes (6 Apr 2022)

Seán Fleming: The Minister for Agriculture, Food and the Marine, Deputy McConalogue, asked me to respond to this Topical Issue matter on his behalf. As Deputies will know, he was not available in the Chamber a short while ago for the votes either. I thank Deputies Harkin and Fitzmaurice for raising this issue, which is very difficult for the people involved. The landslide occurred on Shass Mountain,...

Saincheisteanna Tráthúla - Topical Issue Debate (Resumed): Agriculture Schemes (6 Apr 2022)

Seán Fleming: The point I was making was that any ex gratiapayment will require the sanction of the Minister for Public Expenditure and Reform. Accordingly, the Department of Agriculture, Food and the Marine has examined the options with regard to compensation and engaged with the Department of Public Expenditure and Reform regarding the required sanction for compensation. The proposed compensation...

Saincheisteanna Tráthúla - Topical Issue Debate: Insurance Coverage (6 Apr 2022)

Seán Fleming: My understanding - and I stress the word “understanding” - is that although Clare County Council oversees the fair and supports it with financial assistance, the fair itself falls out outside the scope of the Casual Trading Act 1995 due to its historical charter status. As a result, it cannot avail of group insurance schemes operated by the market, active support teams and the...

Saincheisteanna Tráthúla - Topical Issue Debate: Insurance Coverage (6 Apr 2022)

Seán Fleming: I thank the Deputy for Clare, Michael McNamara, for raising this issue. It only came to my attention today after receipt of the information about the Topical Issue debate. I thank the Deputy for highlighting it. To address a few general points, I understand what the Deputy says about the historic nature of the Spancil Hill fair in Clare. The community is involved and a voluntary...

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