Results 12,181-12,200 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: I know there is a vote in the Dáil. This amendment does not refer to late taxes in any fashion but rather it speaks to taxes paid on time but which could be paid in instalments. What would the cost be to the system if it was reformed to allow for taxes to be paid in instalments? I know the Minister must be specific about it.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Peadar Tóibín: I appreciate that the example given is motor tax, which does not come under the Minister's remit. I think responsibility for it lies with the Department of the Environment, Community and Local Government. As we do not have an example of a specific tax, I ask the Minister to consider a reform to allow businesses and individuals who are dealing with cash flow problems and who pay their taxes...
- 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. 100: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 available to ensure that international and institutional investors in REITs pay a comparative amount of taxation on income and gains upon receipt of dividends as an...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Peadar Tóibín: There might have been logic for it in 2011 or 2012 to inflate what was a punctured property market. However, we are not dealing with a punctured property market at the moment. Many people would feel that in much of the country it is too inflated again. I grant that REITs might provide a more consistent level of quality. Let us say John and Patricia are investors in a REIT. Patricia lives...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Peadar Tóibín: While the Minister is correct that the purpose of tax is to pay for the public services delivered in the country, it is also to construct healthy markets and redistribute some level of wealth. My question remains. Has the Department of Finance undertaken any study on the effective rates applied to dividends from REITs for those domiciled in Ireland and abroad? If there is a difference,...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Peadar Tóibín: When would be a logical time to identify the different effective rates?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Peadar Tóibín: Will the review take into consideration the different effective tax rates paid by people with different domiciles?
- Written Answers — Department of Finance: Corporation Tax Regime (18 Nov 2015)
Peadar Tóibín: 39. To ask the Minister for Finance the specific causes of the large increase in the intake of corporation tax in 2015. [40345/15]
- Written Answers — Department of Social Protection: Social Insurance (18 Nov 2015)
Peadar Tóibín: 43. To ask the Tánaiste and Minister for Social Protection the first year and full-year cost of increasing the employer pay related social insurance rate of 8.5% from €376 to €377. [40856/15]
- Written Answers — Department of Finance: Universal Social Charge Exemptions (18 Nov 2015)
Peadar Tóibín: 67. To ask the Minister for Finance the first year and full year cost of exempting income earners at or below €19,572 from the universal social charge. [40854/15]
- Written Answers — Department of Finance: Tax Yield (18 Nov 2015)
Peadar Tóibín: 68. To ask the Minister for Finance the first and full year revenue to be raised from increasing capital gains tax on passive investment to 35%. [40857/15]
- Written Answers — Department of Children and Youth Affairs: Early Childhood Care Education (18 Nov 2015)
Peadar Tóibín: 131. To ask the Minister for Children and Youth Affairs the first year and full-year cost of extending the early childhood care and education scheme annually to 48 weeks. [40858/15]
- Written Answers — Department of Children and Youth Affairs: Early Childhood Care Education (18 Nov 2015)
Peadar Tóibín: 132. To ask the Minister for Children and Youth Affairs the number of additional early childhood care and education special needs assistants provided for in budget 2016’s related new measures; and any additional measures and resources contained within the commitment to facilitate children with disabilities. [40859/15]
- Written Answers — Department of Education and Skills: Special Educational Needs Data (18 Nov 2015)
Peadar Tóibín: 155. To ask the Minister for Education and Skills the number of additional special needs assistants provided for in budget 2016’s new measures, and any additional measures and resources contained within the commitment to facilitate children with disabilities. [40860/15]
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: One of the issues my party has with what the Government has done to the USC is that it seems to have had the effect of widening the gap between rich and poor. Social Justice Ireland indicated that the gap between those who are on social welfare and those who earn €50,000 has widened because of these measures and the measures the Government has implemented. It is quite shocking that...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: I understand what the Minister is saying and that elsewhere in the budget there could be provision to ameliorate the incidents of greatest benefit on upper income holders through USC. However, those who earn over €200,000 will get a break of €902 due to this cut in USC. That €902 is an opportunity cost to the State when the State is finding it difficult to allow for a...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: If a person works hard, uses his or her "smarts" and takes responsibility and risk, he or she should be economically compensated. One needs that spark within an economy for the economy to function. Ireland has one of the biggest disparities between rich and poor internationally. I am not just talking about making sure that people who work hard and use their smarts get properly paid, with a...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: That is an argument for what I have just said. Direct transfers are needed to ameliorate the disparity between rich and poor. That makes my argument.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: I move amendment No. 3:In page 8, between lines 23 and 24, to insert the following:“3. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options available for removing the USC liability for all workers earning less than €19,572 a year”. The purpose of this amendment follows on from the discussion we...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)
Peadar Tóibín: We have set out the broad parameters of the lack of progressiveness in the Government's USC proposals. We sought to address this again given the fact that those on the minimum wage in the State are hardest hit with regard to the challenges of rent, education costs and the different expenditures that people have. There is a necessity to move towards a living wage and we seek to ensure that...