Results 1,521-1,540 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Departmental Policies (22 Nov 2023)

Michael McGrath: Government policies around the consumption of ultra processed foods and promotion of healthy eating are, in the first instance, the responsibility of my colleague the Minister for Health. I, and my officials, will engage with that Department on any fiscal measures that may come under consideration. A Healthy Weight for Ireland, the Obesity Policy and Action Plan (OPAP), was launched 2016...

Written Answers — Department of Finance: Departmental Policies (22 Nov 2023)

Michael McGrath: I propose to take Questions Nos. 67 and 68 together. The National Disability Inclusion Strategy Transport Working Group (NDIS TWG), comprising members from a range of Departments, agencies and Disabled Persons Organisations, was tasked to review all Government-funded transport and mobility supports for those with a disability, including the Disabled Drivers and Disabled Passengers Scheme...

Written Answers — Department of Finance: An Garda Síochána (21 Nov 2023)

Michael McGrath: As the Deputy is aware, the SFT was introduced in Finance Act 2005, with the purpose of addressing excessive pension accrual, and it applies to all private and public sector pension arrangements. It is provided for in Chapter 2C of Part 30 of the Taxes Consolidation Act 1997 (TCA) which sets out the maximum tax-relieved pension fund at retirement. If the relevant threshold is exceeded, the...

Written Answers — Department of Finance: Legislative Measures (21 Nov 2023)

Michael McGrath: I propose to take Questions Nos. 166 and 178 together. My Department and Revenue have, for some time, been aware of issues arising from contractual arrangements within the General Practitioner (GP) community whereby some GPs treat income under their General Medical Services (GMS) contract as income of a GP practice in which they are a partner or an employee, rather than income of that...

Written Answers — Department of Finance: Pension Provisions (21 Nov 2023)

Michael McGrath: I wish to highlight, as Minister for Finance, I am precluded from intervening in commercial and operational decisions in any particular bank, even one in which the State has a shareholding. Decisions in this regard are the sole responsibility of the board and management of the banks, which must be run on an independent and commercial basis. This independence is protected by a Relationship...

Written Answers — Department of Finance: Departmental Bodies (21 Nov 2023)

Michael McGrath: Progress has been made on efforts to convene a new Disabled Drivers Medical Board of Appeals (DDMBA), to secure new hosting arrangements for the DDMBA and to recommence the appeals process. I have now formally appointed all five members to the new DDMBA. Funding arrangements between the Department of Finance and the Department of Health have been agreed. On this basis the National...

Written Answers — Department of Finance: European Union (21 Nov 2023)

Michael McGrath: The annual net contribution of Ireland to the EU Budget (payments) and income (receipts), from 2013 until 2021 is outlined in full inTable 1below. Table 2 outlines Ireland’s actual gross contribution (payment) for 2022 together with current forecasts for the gross contribution (payment) for the remaining years until the end of the current Multiannual Financial Framework period which...

Written Answers — Department of Finance: Tax Credits (21 Nov 2023)

Michael McGrath: The Rent Tax Credit, as provided for in section 473B of the Taxes Consolidation Act 1997, was introduced by Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025. For the tax years 2022 and 2023, the maximum value of the credit is €1,000 per year in the case of a jointly assessed couple, and €500 in all other cases. I...

Written Answers — Department of Finance: Housing Schemes (21 Nov 2023)

Michael McGrath: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund on Income Tax and Deposit Interest Retention Tax paid in the State over the previous four years, subject to limits outlined in the legislation. Section 477C of the Taxes Consolidation Act 1997 outlines the definitions and...

Written Answers — Department of Finance: Cybersecurity Policy (21 Nov 2023)

Michael McGrath: I propose to take Questions Nos. 172, 173, 174 and 175 together. In relation to my Department, I wish to advise that ICT services are provided by the Office of the Government Chief Information Officer (OGCIO) under the Department of Public Expenditure and Reform. On behalf of my Department, OGCIO implements a defence-in-depth security strategy which is achieved through the effective...

Written Answers — Department of Finance: Tax Yield (21 Nov 2023)

Michael McGrath: I am advised by Revenue that the receipts from Betting Duty for the year 2022, and prior years, are available on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statis tics/excise/receipts-volume-and-price/betting-duty-receipts. aspx. The provisional Betting Duty receipts for January to October 2023 are €102.7m. The breakdown of these receipts is shown in...

Written Answers — Department of Finance: Tax Yield (21 Nov 2023)

Michael McGrath: I am advised by Revenue that the estimated first and full year yield to the Exchequer of establishing three new income tax bands of 47% on earnings between €140,000 and €190,000, 52% on earnings between €190,001 and €250,000 and 58% on earnings over €250,001 is €1,795 million and €2,285 million respectively. The estimated yields are calculated...

Written Answers — Department of Finance: Departmental Contracts (21 Nov 2023)

Michael McGrath: My Department does not hold any current contracts with any Israeli state agency. Regarding Israeli based companies (or any company based elsewhere in the world which is owned or part-owned by an Israeli state agency or by any Israeli-based company), the information requested is not collated by my Department. My Department maintains a register of all live contracts in accordance with Circular...

Written Answers — Department of Finance: Departmental Data (21 Nov 2023)

Michael McGrath: My Department is not involved in any exercise, operation, training or research which includes involvement by an Israeli state agency, an Israeli-based company or any company anywhere in the world which is owned or part-owned by an Israeli stage agency or by an Israeli-based company. I would refer the Deputy to the reply which I gave to Dáil Questions 315 and 316 on 7 November as they...

Written Answers — Department of Finance: Housing Provision (21 Nov 2023)

Michael McGrath: I am aware of the company mentioned, which is domiciled in Gibraltar and regulated by the Gibraltar Financial Services Commission but also operated in Ireland on a cross-border basis under the EU freedom to provide services provisions. On 31 December 2019, it, ceased writing new business and went into run-off. The company in question is currently seeking independent legal advice on its...

Written Answers — Department of Finance: Vacant Properties (21 Nov 2023)

Michael McGrath: I propose to take Questions Nos. 182, 183 and 184 together. As the Deputy is aware, Vacant Homes Tax (VHT) is a new measure announced in Budget 2023, which aims to increase the supply of homes for rent or purchase to meet demand. Legislative provision for the tax was made in the Finance Act 2022. A residential property will be within the scope of VHT, if it has been occupied as a dwelling for...

Written Answers — Department of Finance: Tax Data (21 Nov 2023)

Michael McGrath: The Stamp Duties Consolidation Act (SDCA) 1999 provides for a charge to stamp duty on certain written documents, referred to as “instruments”, that are listed in schedule 1 to the SDCA 1999. The Lease head of charge is included in this list. Under the lease head of charge, stamp duty is payable on the rent payable on a lease. The rate payable depends on the period of the...

Written Answers — Department of Finance: Budget 2024 (21 Nov 2023)

Michael McGrath: During negotiations in advance of Budget 2024, the Department of Finance submitted a gross budget request to the Department of Public Expenditure, NDP Delivery and Reform (D/PENDR) for €48.96 million. Following discussions with D/PENDR an agreement was made for gross funding of €47.789 million.

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (16 Nov 2023)

Michael McGrath: I was very disappointed by the news regarding Lakeland Dairies. I assure the Deputy that the State agencies will liaise with both the company and the workers who may be affected. It should be noted that the co-operative said in its statement that there will be redeployment opportunities for some staff into vacant positions in the business. It has commenced an engagement and consultation...

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (16 Nov 2023)

Michael McGrath: I thank the Deputy for raising the issue. Undoubtedly there is a need to continue to expand commuter services in the public transport space. That is why we have provided a very large capital budget within the national development plan. The Deputy has raised specifically the possible expansion of Dart+ West and South West, so I will raise that issue directly with the Minister for Transport,...