Results 14,141-14,160 of 18,593 for speaker:Michael Creed

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: In the Minister's contacts with Revenue and the briefing he has received on this matter, has he ever contemplated – in the presence of the Revenue Commissioners – the value to compliance of a day out in court against some of these people? It would send a signal to the effect that the State, via the Revenue Commissioners, would not be a pushover for these people either.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: I thank the Minister for his introduction to this amendment, which I believe is substantially correct. However, I have a concern I would like the Minister to reflect on when he gets the opportunity. He is obliging the landowner to contract a lease only with somebody who has an agricultural qualification as prescribed under the Act, such as somebody with a green cert or a degree in agriculture.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: It states that in the case where subparagraph (aa)(i)(II) applies, "the individual to whom the land is leased - (i) is the holder of or, within a period of four years from the date of transfer or conveyance, will be the holder of, a qualification ... or (ii) spends not less than 50% of ... time...". The Minister appears to be interfering in a way that is not required in the commercial...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: As I understand it, the Minister is exempting from stamp duty the conveyance of a family farm to a family member and he is entitled to that if he is an active farmer himself, if he meets that definition or has an agricultural qualification. He is also entitled to that stamp duty exemption if he decides to facilitate the availability of that land, through a lease, to a third party, but that...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: That is a useful clarification.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: It is a blunt instrument but I can understand the reason it is there, which is to encourage transfers. However, there are so many different individual circumstances where someone is 65 or 66 years of age. It would be foolish of us to suggest that anyone who is 65 or 66 cannot actively contribute to or work a holding. He or she may have a young family and is not in a position to avail of an...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: Are we not penalising the landowner for doing the transaction another time if the family member who stands to inherit or who would be identified as the successor is still a juvenile or still in school and not in a position to take over the whole thing? I understand the purpose of this. It gives a window of opportunity for people to get their house in order when they might have dilly-dallied...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: This is all about the reliefs. A person will want to transfer it in the most tax efficient manner possible.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: I welcome the Minister's clarification.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: If it was agreeable to the committee, it would be great to come back to it on Report Stage.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: This is a technical area and it is important we get it right because it is about land mobility. I have a somewhat jaundiced view about the ability to prise land from landowners because there is such a historical attachment to ownership of land, for good reasons. Ireland is different to any other country in this regard. If we think about previous incentives, like the early retirement scheme...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: We must be careful that we do not accidentally lock out someone who wishes to participate as an active farmer at the earliest possible date. My observation is more critical to the stamp duty on inheritance rather than an existing lease.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: Perhaps it is more applicable to conveyancing and stamp duty liability rather than to renewed or new leases. I am happy with amendment No. 73. The policy purpose is to make long-term leasing the norm. Why do we just go from five years to six years rather than from five years to seven or ten years? In the amendment to section 69 on conveyancing, there is a provision that the person who is...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: Is there any penalty for people who are now over 70 years, for example, and who make the transfer now?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: So there is a 12-month window in 2015.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: This section deals with tax concessions for disabled drivers. A review of the level of disability required to avail of the tax concessions is long due. One has to be virtually paraplegic or an amputee and it takes no account of a wide range of medical circumstances. With his medical hat on, the Chairman may wish to intervene in this debate. A constituent who was in contact with me...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Michael Creed: In the context of the contribution made by colleague, I should state a personal interest in the matter because Deputy Naughten suggested a payment, or a fund be established, for affected people. I was a victim of laundered diesel during the summer and it put my car off the road permanently. It is a huge revenue loss to the State. The Revenue Commissioners are active on the ground but it...

Written Answers — Department of Environment, Community and Local Government: Water Services Provision (19 Nov 2014)

Michael Creed: 176. To ask the Minister for Environment, Community and Local Government further to Parliamentary Question No. 1056 of 4 November 2014, if his Department will in fact quantify for each local authority the number of housing estates involved in this problem and if, in view of the pilot project referred to in his reply, he will provide the agencies and authorities participating in that pilot...

Ceisteanna - Questions - Priority Questions: Garda Operations (18 Nov 2014)

Michael Creed: Deputy Coppinger should define "peaceful".

Ceisteanna - Questions - Priority Questions: Garda Operations (18 Nov 2014)

Michael Creed: Burning vehicles.