Results 12,861-12,880 of 32,547 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I want to respond. We are having a factual argument, to use the Deputy's phrase. He wanted to bring SARP into it because he wants to create-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: -----some kind of a perception of me. It is correct that the decision I made on SARP is factual but what is not factual is the Deputy looking to create a perception of me as making tax decisions that look to benefit an elite. I am as aware as the Deputy, as I say to him on many occasions, of the type of suffering or difficulty to which he refers. The decisions I made, which were factual,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Amendment No. 17 specifies proof of payment of management fees by landlords and registration of tenancies with the Residential Tenancies Board, RTB, in order to obtain a deduction of such expenses for tax purposes. I will deal first with the registration of tenancies with the RTB. Section 97(2)(e) of the Taxes Consolidation Act 1997 permits the deduction for tax purposes of "interest on...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I actually do not get the Deputy's arguments.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, that is correct. Deputy McGrath is saying the link is made in the first issue but not in the second issue. I understand that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, I understand.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes, I do.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: That was not immediately clear to me from amendment No. 17 because the Deputy was looking for a report on the matter. Now that Deputy McGrath has explained it like that, maybe what we could do is consider the issue he has raised. At the very least we will write back to him or provide a note for the committee on the issue of why there is a link in the first issue but not in the second issue....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Tax relief in respect of health expenses is provided for in section 469 of the Taxes Consolidation Act 1997. "Health expenses" is defined in that section as "expenses in respect of the provision of health care...including the services of a practitioner." A practitioner is an individual who is registered in the register established under section 43 of the Medical Practitioners Act 2007 or...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: Yes. I accept Deputy McGrath's point. I do not believe a person would refer himself for treatment simply because tax relief is suddenly available on it.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: However, the proposal would mean changing the way in which tax relief is administered, regardless of the reasons for which a person ends up getting the additional treatment. If we do not have some kind of gatekeeper in place, as we do now, since a patient can only get relief if he is referred by a GP, my concern is that we could end up with a considerable escalation in cost. Thus, the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I live in the real world too. In the real world this relief costs €172 million. My concern is that if we were to make it more broadly available, there would be very considerable cost consequences. There is merit in making it applicable only to a form of relief in respect of which a general practitioner acts as a gatekeeper, for want of a better phrase. This repeats an argument we...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: The figure represents the cost of all claims made. I do not have the information broken down by specialty.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I have considered that matter. We have seen an increase in interest in the scheme which is carefully targeted at a small number of areas in a small number of cities which we are trying to influence. Revenue has advised that 51 applications were received up to the end of 2016. Subsequent to changes made in 2017, a total of 177 successful applications have been made. Given the very small...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I will come back to the Deputy on that matter.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: The provision in section 22 relates to tax measures that are provided for in section 130 of the Taxes Consolidation Act 1997. The purpose of the amendments in section 22 is to ensure that thestatus quois maintained in relation to those tax measures or reliefs in the event of a disorderly exit of the UK from the EU. However, this has no bearing on the VAT treatment of goods or services...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: We need more details from the Deputy on this because our understanding of this issue appears to differ substantially from his. The charity to which he refers will be treated in the same way as the Coast Guard. VAT is charged on services that are purchased. That is what happens with the Coast Guard and that is what will happen with this charity. We need to get more information from the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: That is possible. We will have to discuss the matter further with the Deputy who could be correct. That is the truth of the matter. The consequence of what he is looking for could be that the charity might be treated differently from others registered in Ireland. From a VAT law perspective, the truth is we cannot do that. I do not want to engage in false pretences, but the consequence of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)

Paschal Donohoe: I move amendment No. 23: In page 23, to delete lines 17 to 19 and substitute the following: “(b) in section 172A(1)(a)— (i) in the definition of “dividend withholding tax”, by substituting “a rate of 25 per cent” for “the standard rate in force at the time the relevant distribution is made”, (ii) by substituting the following...