Results 1,821-1,840 of 11,861 for speaker:Brian Hayes
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: This section amends Schedule 2 of the Capital Acquisition Tax Consolidation Act 2003. The Schedule deals with the computation of CAT. The section gives effect to the proposals announced by the Minister for Finance in the budget statement to reduce the Group A tax free threshold from €250,000 to €225,000, the Group B tax free threshold from €33,500 to €30,150 and...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I will check that because it is very important.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: We are checking this. I would have thought it is at the point of the death.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: The full year is 12 months whereas last year is effectively 11 months, presumably, if the date is 6 December. In response to the Chairman's point I am informed that generally it is the date of death but there may be unusual circumstances. What those circumstances are it is hard to know.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: A death is a death.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Can I come back and clarify that later?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: If there is a lacuna we will correct it on Report Stage. We will consider that again. I give an absolute assurance on that point. To answer Deputy Shortall's question about why the estimate is €30 million in 2013 and €42 million in a full year-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I am asking an open question.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I will record the content of the note and then we can have a discussion on it. In the case of new contracts entered into and renewed from 1 January 2013 to 30 March 2013, the rate will be €95 for each insured person aged less than 18 years and €285 for each insured person aged 18 years and over. In the case of new contracts entered into and contracts renewed after 30 March...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: What is required is that we move towards a unified health care system. The Government's intention during its period in office is to put in place supports, particularly in the primary care system, that will make a significant difference. This is really an issue for the Minister for Health, who makes the recommendations to the Minister for Finance every year to make provision in the Finance...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Deputy Shortall raises an important issue. I am aware that it has been raised at official level with the Department of Health, the Department of Finance and the Revenue Commissioners. While it is not feasible or practical to draft legislation to address every possible exceptional administrative scheme arrangement, the Revenue Commissioners intend to issue guidelines to address any such...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I thank the Deputies for this useful debate. My understanding is that one half of the world's aircraft leasing comes from Dublin, which is an extraordinary and remarkable thing for a small country. It employs 1,000 people, as Deputy Doherty noted earlier, which is a lot of people. The ambition is that we will see a major spin-off from that if the section the committee has already passed -...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: To take Deputy Mathews's point first, it would be able to provide some of that information. It is a matter for the committee to determine how that dialogue between Revenue and the Department of Finance proceeds. On Deputy Doherty's point about a review, in the first instance the review is done in the Department of Transport, Tourism and Sport, but there is an issue for the Department of...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Bang for our buck.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: It is a fair question to pose. There must be an honest answer to that, but it is important that in any review we do not send out a signal that in some way diminishes the funds that have been brought here. As members are aware, markets need certainty more than anything else, and once we highlight that we might take a different position on an issue, it could lead to a flight of funds in this...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: That is a different section.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Can I make one point, Chairman?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Clearly, the success that we have had in recent years in attracting significant financial leasing business to this country is well known. We are a big global player in this sector. One of the key points in the action plan published by the Government some time ago was to develop this sector further. It is not so much in terms of the employment opportunities although it is indirectly because...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: This is replacing it, I point that out for the purposes of clarity.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: No, it is the amendment.