Results 13,581-13,600 of 33,280 for speaker:Paschal Donohoe
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: They may well be. It is a matter for them. All they do is evaluate the pros and cons of different things we must do and evaluate. What I would say with regard to the point made by Deputy Doherty is that I fundamentally do not believe that it is the place of the Finance Bill to require me to produce reports. On the other hand, because of Standing Orders, it is pretty much the only kind of...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: From a practical point of view, the gain it could provide for citizens could be as low as €1 per week. The factors that are now influencing members of trade unions within the private sector in particular are far deeper than the cost of joining that trade union. All that being said, I am as aware as the Deputy is of what is happening with changes in parts of our economy. I accept the...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: Yes, I will. It would not be the subject matter of the report because it is about a different matter, but I will ensure that part of the report will look at this issue which the Deputy has raised on many occasions. We will give it recognition in the report. On Deputy Pearse Doherty's point about timing, we will do it within six months. The report will not be about the role of trade...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: Work on that issue is under way in the Revenue Commissioners which are independent of me. I hope that in the coming weeks we will be in a position to update the Oireachtas on the work that is ongoing.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: That is a matter for the Revenue Commissioners.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: As I said, it is a matter for the Revenue Commissioners. When they or I are in a position to update the Oireachtas on where matters stands, that will be done.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: I thank the Deputy. The previous tax relief in respect of rent paid was abolished in budget 2011 and is no longer available to those who commenced renting for the first time from 8 December 2010. This followed a recommendation in the 2009 report by the Commission on Taxation that rent relief should be discontinued. The view of this independent commission was that, in the same manner in...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: To deal with each of those matters in turn, in an earlier contribution, I explained why I am not in a position to introduce refundable tax credits and reliefs within our system. I explained the technical difficulties that exist. I made the point that if we were to bring in refundable credits, it would of itself have a cost consequence that we would have to take on board. The figure I...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: I will just deal with the new argument the Deputy has made. I never stated that there would be a legal requirement to bring in a-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: The Deputy did.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: The Deputy did.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: The Deputy said there is no legal requirement.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (5 Nov 2019)
Paschal Donohoe: It is a reasonable inference to assume the Deputy believes it was implicit in my argument but it was not. What is explicit in my argument is the experience of knowing if we make a change in the implementation of a relief in one part of our tax code that would ensure it would be more than beneficial to people on lower income, the demand to do it in respect of other reliefs in our tax code...
- 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.