Results 21-40 of 145 for 5 million speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Pearse Doherty: I appreciate that. The Minister disputes my figures, which are from his own officials and have been published in table 5 of the Tax Strategy Group's papers. The difference is that the group tells us that 647,000 will benefit. That is a lot of people, representing the top 23% of income earners. The Minister says that there are approximately another 400,000. In fairness, he also says that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Concrete Block Levy: Discussion (26 Oct 2022)

Pearse Doherty: ...all the apartments that are being constructed using precast walls are all excluded, the rate did not come down by very much. If everything that had been included in the rate had been reduced to 5%, one would expect a revenue stream of €40 million. This reduction has only reduced the revenue by €8 million further by excluding all of these items.

Finance Bill 2022: Second Stage (25 Oct 2022)

Pearse Doherty: ...driven by high housing and other costs predated the war in Ukraine, Russia's illegal invasion turbocharged inflation. The Department of Finance has outlined its expectation that inflation will reach 8.5% this year and 7.1% next year. In real terms, that means that somebody earning a €35,000 salary will see his or her purchasing power drop by more than €5,000 next year...

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Pearse Doherty: ...Irish Bank, which was then State-owned following a €34 billion bailout from the taxpayer in 2009. Three years later, in 2012, Siteserv, then a business services company group, was under significant financial strain and owed IBRC, and ultimately the Irish taxpayer, €162.2 million. It was in 2012 that Siteserv was sold at a price of €45.4 million euros to Cathkin...

Remediation of Dwellings Damaged By the Use of Defective Concrete Blocks Bill 2022: Second Stage (30 Jun 2022)

Pearse Doherty: ...for the taxpayer, and the taxpayers are the people who are also affected by mica in their homes, yet the Government is giving two hours for Committee and Report Stages next week. It is approximately €22 million per minute. It is ridiculous. In my ten or 11 years as finance spokesperson I have not seen a single legislative measure which has such a large bill being rushed through....

Rising Food Prices: Motion (Resumed) [Private Members] (31 May 2022)

Pearse Doherty: ...way above 8%. They now see food prices rise and essentials go up in the supermarkets, and they are feeling it right in the pocket. The prices of staples such as bread and meat have gone up by more than 5%, while the prices of pasta and milk have increased by 10%. Some claim that people are living beyond their means; in fact, too many do not have the means to live. That is the reality,...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Pearse Doherty: I want to reflect on sections 5 to 10, inclusive. Given the deadline that was imposed for Deputies to submit amendments, it was not possible for me to capture all that was required but I think it is important to reflect on the extension of the debt warehousing scheme, which will now apply to directors and employees with a material interest in a company who will be allowed to warehouse tax...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Report and Final Stages (4 May 2022)

Pearse Doherty: I want to reflect on sections 5 to 10, inclusive. Given the deadline that was imposed for Deputies to submit amendments, it was not possible for me to capture all that was required but I think it is important to reflect on the extension of the debt warehousing scheme, which will now apply to directors and employees with a material interest in a company who will be allowed to warehouse tax...

Insurance (Miscellaneous Provisions) Bill 2022: Second Stage (26 Apr 2022)

Pearse Doherty: ...-19-related State supports from final business interruption insurance claim settlements. The Central Bank informed me in written correspondence dated 4 May that at the end of 2021 more than €163 million had been paid to 5,128 policyholders through settled claims and interim payments. This included 4,271 claims that had been settled fully and 857 claims that had received interim...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Committee Stage (6 Apr 2022)

Pearse Doherty: Sections 5 to 10, inclusive, deal with the tax warehousing element of the Bill. Obviously, this was a very important provision that allowed for a bit of comfort and space for businesses. We see that, across the sector, about 10% of the eligible debt for warehousing has been warehoused, about €3 billion out of the €30 billion. Different companies responded in different ways in...

Ceisteanna ó Cheannairí - Leaders' Questions (17 Feb 2022)

Pearse Doherty: ...income households and many families are being forced to make choices they simply should not be making. Those choices include cutting the amount of food they buy, whether to turn on the heat or for some it is even both of those. Figures released by the Central Statistics Office today show that prices have increased by 5% in the last year and as I have repeatedly said to the Minister...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Corporation Tax Issues and General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Minister for Finance (10 Nov 2021)

Pearse Doherty: ...saying it was right or wrong but that the system can do that. However, consider those same individuals, namely, the bankers, people who stole family homes from people, people who took hundreds of millions of euro out of bank accounts and people in financial institutions that have been involved in rogue deals and insider trading. When it comes to holding them to account, it is not done...

Financial Resolutions 2021 - Budget Statement 2022 (12 Oct 2021)

Pearse Doherty: ...and out of time. Never has so much been spent to achieve so little. There are no answers, no urgency and no leadership. Rents are out of control and the Government has done nothing. Some 1 million people are on waiting lists and there is no real step change. Energy prices are spiralling and the Government's plan is to increase them further with carbon taxes. Budget 2022 should...

Finance (Local Property Tax) (Amendment) Bill 2021: Committee and Remaining Stages (14 Jul 2021)

Pearse Doherty: I move amendment No. 5: In page 9, between lines 32 and 33, to insert the following: “(d) a liable person forms a view that the property has been damaged as a result of the use of defective concrete blocks,”. Táimid ag plé le section 18 den Bhille agus tá seo ag déileáil le tithe atá impleachtaí ó thaobh mica agus pyrite ag...

Written Answers — Department of Culture, Heritage and the Gaeltacht: Grant Payments (23 Jun 2021)

Pearse Doherty: 110. To ask the Minister for Culture, Heritage and the Gaeltacht when the application process will open for the €5 million fund of capital supports for the commercial live entertainment sector; the criteria for the scheme; and if she will make a statement on the matter. [33641/21]

Financial Resolution 2021 - Financial Resolution: Stamp Duties (19 May 2021)

Pearse Doherty: ...how this rate will impact on residential property being bought up by these funds. Let us take the example of Maynooth, where property was purchased at an average of €400,000. This fund, which snapped up the 135 houses from under the noses of people who were saving for years for their deposits, would make a 5% yield if it charged the average rental charge in the State of...

Emergency Measures in the Public Interest (Covid-19) Act 2020: Motion (3 Feb 2021)

Pearse Doherty: ...which I welcomed. However, the Minister made clear at that time that the enhanced rates would only last until 31 January, after which they would again be cut to the lower rates of €203 and €151.50, arbitrary rates that risked another cliff edge. As I said on 6 January, to make this cut during the period of level 5 restrictions, which were all but certain to continue beyond...

Taxes Consolidation Act 1997 (Covid Restrictions Support Scheme) (Percentage Adjustment) Order 2021: Motion (27 Jan 2021)

Pearse Doherty: ...that: — a person carrying on a business activity may be eligible to make a claim under the Covid Restriction Support Scheme provided that they can demonstrate that the turnover of the business activity in the claim period will be no more than 25 per cent of the relevant turnover amount; — a person is not disqualified from making a claim under the Covid Restriction Support...

Insurance (Restriction on Differential Pricing and Profiling) Bill 2021: First Stage (14 Jan 2021)

Pearse Doherty: ...published last December confirmed that dual pricing is endemic in the industry, with more than 70% of customers paying more than the true cost of their policies as a result. It is estimated that 2.5 million policy holders paid a combined total of €187 million more than the actual cost of their policies in a single year. Insurance companies are using dual pricing to discriminate...