Results 1,781-1,800 of 6,295 for speaker:Michael D'Arcy
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The departmental officials say they do not recall receiving that submission.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The amendments concern access to the disabled drivers and disabled passengers scheme which plays an important role in increasing the mobility of citizens with severe physical disabilities. The scheme is a significant tax expenditure, costing approximately €65 million in taxes forgone and grant payments in 2016. This figure does not include the revenue forgone to the local government...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The taxation treatment of travel and subsistence expenses incurred by self-employed individuals is well established by provisions contained in tax law and principles laid down in case law. The general position is that travel expenses incurred in furtherance of business are deductible, whereas expenses incurred in travelling between work and home are not. In regard to...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: I shall read an additional note. I am aware that, as regards independent professional contractors, this is an issue the Deputy raised with the previous Minister, Deputy Noonan. We have received a submission from officials which followed on from a meeting they had with a representative organisation for this sector. One of the points raised in that submission was that it would perhaps be...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: Yes, it must go to Cabinet.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: I propose to deal with amendments Nos. 26 and 60 together.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: Yes. The report explored gambling behaviour in Ireland, specifically the issue of problem gambling and its impact on the individual, the gambler’s relationships with social connections and the wider impact of problem gambling behaviour on community and society. The Betting (Amendment) Act 2015 brought remote bookmakers and betting intermediaries offering betting services in Ireland...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The 9% reduced rate of VAT is reviewed annually in the context of the budget, including the costs and economic benefits and the additional revenue that could be raised by bringing the rate back to 13.5%. Revenue's most recent estimate for reverting the reduced 9% VAT rate back to 13.5% is that it would bring in extra revenue of €491 million. A 1% increase or decrease would yield or...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The objective is to make sure that the information is available to everybody so the analysis can be concluded with an informed mind.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: There is a reason for that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. Under Article 110 of the VAT directive, member states may retain the zero rates on goods and services which were in place on and from 1 January 1991, but cannot extend the zero rate to new goods and services after that date. As the Deputy is aware, the zero rate of VAT...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: There is flexibility on the size because children are bigger now than they were 30 years ago. That is a matter of interpretation by Revenue if there is evidence to support that, but I am told there is no flexibility on the age. The age was in place prior to the 1991 determination. That was set in the mid-1980s by previous Governments.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: I assume there must be some form of academic report on the increased size of children at ten years of age now compared with what was the case in the 1980s. Evidence must be provided to Revenue to show that children are larger than 32 in. chest and 26 in. waist or 152 cm in height.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: I do not know. I would assume there is a method by which they can calculate X number of children and the average size is 5.5. I will ask the Department to establish the methodology and try to get a note for the committee.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: It is fairly fluid, to be honest.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: I have a nephew who was wearing size 12 shoes when he was 11 years.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)
Michael D'Arcy: It is €376 million.