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Results 1-20 of 761,480 for "section:" . (isset($hansardmajors[$1]["title"]) ? $hansardmajors[$z[1]]["title"] : "$z[1]") OR "section:" . (isset($hansardmajors[$1]["title"]) ? $hansardmajors[$z[1]]["title"] : "$z[1]") speaker:Brendan Griffin

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Michael Fitzmaurice: I support Deputy Donnelly's amendment. The irony of this is that if the people affected, the so-called accidental landlords who are being screwed at the moment, were to miss one payment, the vulture funds to whom their loans were sold on would end up with tax breaks. Vulture funds are getting tax breaks and are paying only €400 or €500 on millions in profits but the people to...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: While I have some concerns about any possible abuse of this, for the Minister not to consider it when it has been raised on a number of occasions and not try to tie down any possible unintended consequences but to deal with the substance of what Deputy Donnelly is seeking to do would be a gross inequity, given that in many cases vulture funds have been given a tax holiday on rental income or...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pearse Doherty: I am not convinced by this amendment and think that it could be abused. There would also be an issue of fairness in the context of cut-off dates and so forth. While I am willing to hear more on it, I would be very interested to know if there is any estimate of what this would cost to implement. The amount of property acquired between 2002 and 2008 in this country was substantial, given...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: Deputy Donnelly raised this issue on a number of occasions previously with the former Minister for Finance, Deputy Michael Noonan. He raised it with me in the first instance a week and a half ago. We had a discussion on the matter over the phone. I am sympathetic to the issue that the Deputy raises because many of my constituents are facing the same kind of difficulty to which he refers....

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Stephen Donnelly: I thank the Minister for his response. While I know he is not trying to be disingenuous and I acknowledge his offer to meet to see if this can be fixed, it is a deeply frustrating response. As the Minister of State, Deputy Michael D'Arcy, will tell the Minister, I explicitly said on Committee Stage that I did not want to be discussing my amendment on Report Stage but wanted to be discussing...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

James Lawless: I support Deputy Donnelly's amendment. As in Wicklow, we in Kildare North are no strangers to accidental landlords and multiple starter homes in negative equity which remain so. The phenomenon of accidental landlords is well understood right around the commuter belt and elsewhere. As Deputy Donnelly stated, unfortunately these individuals are taxed at the marginal rate. I suppose...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Michael McGrath: The Minister is sympathetic to this issue and I ask him to find a way of dealing with it. We are talking here about a relatively small number of couples who are in quite a horrendous situation. Let us be upfront and straight about it: they are victims of the property crash. The Minister will know them. I certainly know some of them. I had a couple in to me a few months ago who are living...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: I echo Deputy Pearse Doherty's point about introducing detailed amendments at such a late stage when Deputies have not had an opportunity to properly study them. We do not have the explanations that are normally provided in the explanatory memorandum of a Bill, as initiated. While the Minister has an explanation available to him, Opposition Deputies must work out what this proposal, with...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: To respond to Deputy Doherty's question, if a gym company were to build a gym-----

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pearse Doherty: My question referred to a widget company building a gym.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Paschal Donohoe: If a widget company built a sporting facility or child care facility on site, it would be able to access the capital allowances provided. The reason we are introducing these allowances is to incentivise the provision of such facilities. As to whether the facilities must be provided on site, the answer is "No". I anticipate it will take a period of time to establish the scheme because, at a...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pearse Doherty: If I may-----

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pat Gallagher: The Deputy had a seven and a two.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pearse Doherty: What does that mean?

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pat Gallagher: The Deputy spoke twice. Members may speak only twice on Report Stage, once for seven minutes and once for two minutes. The only Member who may speak three times is the proposer of the amendment. That is the reason the Minister spoke three times.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: On a point of order, we did not receive answers to some of our questions.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pat Gallagher: The Minister had an opportunity to answer the Deputies' questions.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: Seriously, it is-----

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Pat Gallagher: The Deputy may not contribute again.

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Richard Boyd Barrett: I have a genuine question. If these facilities are charging users, are they businesses within the business?

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