Results 14,621-14,640 of 27,945 for speaker:Michael McGrath

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: I asked specifically about the letter from the Minister for Transport, Tourism and Sport, Deputy Ross, on behalf of the National Civil Aviation Development Forum.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: First, I welcome the transitional measures the Minister is proposing in the amendments. Taking it to the end of March next year is welcome and necessary. It is fair to say this is quite technical. We will have to go over some of the remarks the Minister put on the record there by way of explanation of some of the amendments but it is true to say that there is a different treatment in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: I move amendment No. 64:In page 23, between lines 18 and 19, to insert the following:"14.The Minister shall, within 3 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the possibility of extending the TaxSaver Commuter Ticket Scheme to include parking costs associated with public transport.". This amendment relates to the taxsaver commuter ticket...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: The Minister is giving a response to amendment No. 63. We are on to amendment No. 64.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: That could happen in a minute. Amendment No. 63 was ruled out of order.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: Cycle to the station.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: I appreciate the Minister's response. As I said, it is a good scheme. It is successful. The reality for many is that they have to drive to the nearest station. I will take the note the Minister read into the record and discuss it with Deputy Lawless. I will withdraw the amendment on that basis.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: My amendment No. 63 on section 14 was ruled out of order. The Minister has a speaking note on it. This amendment relates to the treatment of expenses for non-executive Irish resident directors. There was a change made in the last couple of years to the tax treatment, and there is an exemption, for non-resident non-executive directors of companies. I wish to be clear that we are talking...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: The Minister spoke about the potential unintended consequence of the measure being extended to employees. The issue is that non-executive directors are not employees of the company concerned. Non-executive directors are providing their expertise and their experience to guide businesses in Ireland, which should be encouraged. We are speaking of expenses that are actually incurred and...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: Deputy Donnelly has raised an important issue. It is an area I have also examined in the past and I put forward proposals in 2014. It is quite costly to do something on it. The proposal we made in 2014 was for people who bought between 2000 and 2009, whereby 75% of their rental expense could be offset against rental income on the property they own. The cost at the time provided by the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: The Minister is a deep thinker.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: What time will we resume on Tuesday?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: We will resume at 2 o'clock on Tuesday.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (Resumed) (10 Nov 2016)

Michael McGrath: Can we go late on Tuesday?

Written Answers — Department of Finance: State Aid (10 Nov 2016)

Michael McGrath: 32. To ask the Minister for Finance the status of the State's preparations for the submission of an appeal to the European courts against a European Commission ruling (details supplied); the date by which the appeal must be submitted; and if he will make a statement on the matter. [33878/16]

Written Answers — Department of Finance: Flood Risk Insurance Cover Provision (10 Nov 2016)

Michael McGrath: 33. To ask the Minister for Finance the status of the flood insurance models considered by his Department; the preferred option; the timeframe for its implementation; and if he will make a statement on the matter. [33879/16]

Written Answers — Department of Finance: Exchequer Deficit (10 Nov 2016)

Michael McGrath: 35. To ask the Minister for Finance his views on whether the taxation receipts for 2016 will be sufficient to fund the overall gross voted expenditure of €56.1 billion for 2016 projected in the Expenditure Report 2017; the level of receipts required for November and December; the consequences of any shortfall; and if he will make a statement on the matter. [33877/16]

Written Answers — Department of Finance: Corporation Tax Regime (10 Nov 2016)

Michael McGrath: 40. To ask the Minister for Finance his views on the European Commission's revised proposals for a common consolidated corporate tax base; and if he will make a statement on the matter. [33880/16]

Written Answers — Department of Finance: Small and Medium Enterprises Supports (10 Nov 2016)

Michael McGrath: 54. To ask the Minister for Finance his plans to introduce for SMEs generally a loan scheme similar to the €150 million loan fund for the agri-sector announced as part of budget 2017; and if he will make a statement on the matter. [33881/16]

Written Answers — Department of Finance: VAT Exemptions (10 Nov 2016)

Michael McGrath: 130. To ask the Minister for Finance further to Parliamentary Question No. 64 of 27 October 2016, if the VAT exemption can be applied in respect of gymnastics lessons consistent with the sporting curriculum prescribed at primary and secondary level (details supplied); and if he will make a statement on the matter. [34294/16]