Results 1-20 of 14,767 for speaker:Michael McGrath in 'Written Answers'

Written Answers — Department of Finance: Tax Data (8 May 2024)

Michael McGrath: I am advised by Revenue that, based on stamp duty returns for 2023, the latest year for which fully analysed data is available, the estimated cost of abolishing stamp duty for first-time buyers of residential properties valued at less than €400,000 is in the order of €33 million. It is not possible to extract an estimate for houses only as apartments and houses are not...

Written Answers — Department of Finance: Revenue Commissioners (8 May 2024)

Michael McGrath: Revenue has advised me that it currently has a total of 330 Clerical Officers (COs) and 91 Executive Officers (EOs) providing the full range of PAYE services. Of those officers, approximately 190 COs are on phone duties with the remainder working on correspondence received online or via the postal system. The EOs are allocated to support the phones and correspondence in a similar proportion,...

Written Answers — Department of Finance: Illicit Trade (8 May 2024)

Michael McGrath: I am advised by Revenue that electronic cigarettes, vapes and electronic liquids are not excisable products within the meaning of section 97 of Finance Act 2001 and section 71 of Finance Act 2005. The European Union (Manufacture, Presentation and Sale of Tobacco and Related Products) Regulations 2016 (S.I. No. 271 of 2016) is the primary source of regulation of such products, in respect of...

Written Answers — Department of Finance: Illicit Trade (8 May 2024)

Michael McGrath: I am advised by Revenue that x-ray scanners, which are an integral component of its response framework targeting fraud, illicit trade, smuggling and organised crime, are just one component of a suite of resources, detection equipment and technologies deployed by them, in addition to the application of the comprehensive legal framework as set out in relevant tax and customs legislation....

Written Answers — Department of Finance: Departmental Staff (8 May 2024)

Michael McGrath: I wish to advise the Deputy that neither my Department, nor any of the bodies under the aegis of my Department, has any staff suspended from work on full pay pending disciplinary investigations.

Written Answers — Department of Finance: European Union (8 May 2024)

Michael McGrath: My Department does not have responsibility for the management of specific EU funds and programmes, which are managed individually by Departments with the relevant lead policy responsibilities. In this regard, I understand the Deputy has submitted a similar question to a number of Departments. My Department is primarily responsible for the management of Ireland’s contribution to the...

Written Answers — Department of Finance: Tax Data (8 May 2024)

Michael McGrath: I propose to take Questions Nos. 156 and 157 together. The Universal Social Charge (USC) was designed and incorporated into the Irish taxation system in 2011 to replace the Health and Income Levies. Its primary purpose was to widen the tax base and to provide a steady income to the Exchequer to provide funding for public services. It is a more sustainable charge than those it replaced and...

Written Answers — Department of Finance: Tax Code (8 May 2024)

Michael McGrath: The VAT treatment of goods and services is subject to EU VAT law, with which Irish VAT law must comply. As the Deputy will be aware, Irish VAT law permits flat-rate farmers to reclaim VAT they incur on some particular business expenditure, as set out in the 2012 Refund Order. The Refund Order is permitted under EU law, subject to certain conditions, including that its scope is not...

Written Answers — Department of Finance: Tax Code (8 May 2024)

Michael McGrath: I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate unless they are exempt from VAT or fall within Annex III of the Directive, in which case lower VAT rates may apply subject to certain rules. Currently Ireland...

Written Answers — Department of Finance: Motor Industry (2 May 2024)

Michael McGrath: I am advised by Revenue that the average wait times as provided are correct and that as of 29 April 2024, appointment dates were available for 30 April at the Kells NCTS centre and 6 May at Northpoint/Dundalk NCTS centres. In addition, appointments may become available sooner, due to cancellations which the NCTS booking helpline team allocate in consultation with customers. Online...

Written Answers — Department of Finance: Primary Medical Certificates (2 May 2024)

Michael McGrath: The Deputy should note at the outset that whilst my Department has oversight of the Disabled Drivers and Disabled Passengers Scheme, I do not have responsibility for disability policy. Consequently, I am not in a position to comment on your question about the revision of a previous support scheme, as my understanding is that such a scheme did not fall within the remit of my Department. ...

Written Answers — Department of Finance: Housing Schemes (1 May 2024)

Michael McGrath: I am advised by Revenue that taxpayers availing of the Home Renovation Incentive (HRI), which ended in 2018, were required to provide details of the value of the work and the category/type of work being completed. Other information was also collected, such as the Local Authority area of the property which underwent the works. These data were compiled and published on the Revenue website and...

Written Answers — Department of Finance: Revenue Commissioners (1 May 2024)

Michael McGrath: I propose to take Questions Nos. 118, 119, 120, 121 and 122 together. Issuing of a licence, following submission of a certificate of transfer to Revenue, is usually a quick process but can be delayed where further information is required from the court. There is no expiry date specified in current legislation for the certificate of transfer. An ad-interim transfer (temporary transfer) of...

Written Answers — Department of Finance: Customs and Excise (1 May 2024)

Michael McGrath: I propose to take Questions Nos. 123 and 126 together. The Finance Act 1999 provides for the application of excise duty, in the form of Mineral Oil Tax (MOT), to liquid fuels used for motor or heating purposes. MOT comprises a carbon component, or carbon charge, which is usually referred to as carbon tax. MOT also comprises a non-carbon component which is often referred to as...

Written Answers — Department of Finance: Departmental Staff (1 May 2024)

Michael McGrath: Civil servant political activity in my Department is administered in line with Department of Public Expenditure, NDP Delivery and Reform Circular 09/2009 “Civil Servants and Political Activity”. Civil servants who are members of Local Authorities may be given special leave without pay, up to a maximum of 12 days per annum, to attend full meetings of the Local Authorities where...

Written Answers — Department of Finance: Vehicle Registration Tax (1 May 2024)

Michael McGrath: I am advised by Revenue that full details of the procedures for the registration of vehicles and the calculation of VRT are available on their website: www.revenue.ie/en/vrt/index.aspx. I am further advised that in relation to the specific case you raise the website also provides full details regarding the conversion of vehicles - www.revenue.ie/en/vrt/conversions/index.aspx.

Written Answers — Department of Finance: Housing Schemes (1 May 2024)

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 Taxes Consolidation Act 1997 outlines the definitions and...

Written Answers — Department of Finance: Vehicle Registration Tax (30 Apr 2024)

Michael McGrath: Imported vehicles which have been registered previously in another jurisdiction and imported into Ireland are registered with and pay VRT to the Revenue Commissioners. The Minister for Finance can outline the numbers of Ukrainian vehicles that have re-registered in Ireland in this way since 2022. Once an imported vehicle is re-registered in Ireland it is immediately treated the same way...

Written Answers — Department of Finance: Ports Policy (30 Apr 2024)

Michael McGrath: I am advised by Revenue that x-ray scanners, which are an integral component of its response framework targeting fraud, illicit trade, smuggling and organised crime, are just one component of a suite of resources, detection equipment and technologies deployed by them, in addition to the application of the comprehensive legal framework as set out in relevant tax and customs legislation....

Written Answers — Department of Finance: Pension Provisions (30 Apr 2024)

Michael McGrath: The Deputy has raised the important matter of plans designed to incentive young people to invest in retirement. Supplementary pensions have their own special treatment within the tax system to encourage these preparations, referred to as an exempt-exempt-taxed or EET system. Contributions to pensions, within certain limits, are exempted from income tax, pension fund gains are exempted from...