Results 1-20 of 175 for carers speaker:Michael McGrath

Ceisteanna Eile - Other Questions: Tax Code (10 Apr 2024)

Michael McGrath: ...the most vulnerable in society through both tax and expenditure measures. The income tax system contains a number of provisions that have been introduced to provide additional supports to family carers, such as the home carer tax credit, the incapacitated child tax credit and the dependent relative tax credit. Those over 65 are treated in a more favourable manner by the income tax...

Written Answers — Department of Finance: Tax Code (20 Mar 2024)

Michael McGrath: ...are working, to pay more tax than two single people living together and having the same income. The Constitutional protection of Article 41.3.1 does not extend to non-married couples. The home carer tax credit can only be claimed by couples who are married or in a civil partnership and have elected to be jointly assessed to tax, where either spouse or civil partner, the ‘home...

Written Answers — Department of Finance: Tax Data (30 Jan 2024)

Michael McGrath: ...these who opted for joint assessment is not readily available in the data available for analysis. Furthermore, of the 1.9 million taxpayer units, 50,000 taxpayer units claimed the Single Person Child Carer Credit.I am further advised by Revenue that, apart from those availing of specific child related reliefs, it is not possible to accurately determine, from the available data, the number...

Seanad: Finance (No. 2) Bill 2023: Committee Stage (5 Dec 2023)

Michael McGrath: ...two years, until the end of 2025. Additionally, the main tax credits - personal, employee and earned income - are being increased by €100, which equates to a 5.6% annual increase, from €1,775 to €1,875. Furthermore, the home carer tax credit will be increased by €100 to €1,800, the single person child carer credit will be increased by €100 to...

Written Answers — Department of Finance: Tax Code (29 Nov 2023)

Michael McGrath: ...band will be increased by €2,000 to €42,000 for single persons with commensurate increases for married couples and civil partners. As the Budget focussed on tackling child poverty, it also increased the home carer tax credit by €100 to €1,800, the single person child carer credit by €100 to €1,750 and the incapacitated child carer tax credit...

Written Answers — Department of Finance: Primary Medical Certificates (28 Nov 2023)

Michael McGrath: ...In the circumstances outlined in the question, the PMC holder may apply in respect of a vehicle that has been adapted to suit their current needs, subject to certain eligibility criteria. If the carer, referred to in the question, is a family member of the person who holds the PMC, they can apply and the adapted vehicle should be registered in the name of that family member. Otherwise, the...

Ceisteanna Eile - Other Questions: Universal Social Charge (23 Nov 2023)

Michael McGrath: ...rate band will be increased by €2,000 to €42,000 for single persons, with commensurate increases for married couples and civil partners. As the budget focused on tackling child poverty, I also increased the home carer tax credit by €100 to €1,800, the single person child carer credit by €100 to €1,750 and the incapacitated child tax credit by...

Written Answers — Department of Finance: Tax Credits (7 Nov 2023)

Michael McGrath: ...of marriage. There may be an advantage in tax legislation for a married couple or civil partners as regards the extended rate band, the ability to transfer certain tax credits and entitlement to the home carer tax credit in specific circumstances. However, the legal status for married couples has wider consequences from a tax perspective both for themselves and persons connected with...

Written Answers — Department of Finance: Tax Code (7 Nov 2023)

Michael McGrath: ...of marriage. There may be an advantage in tax legislation for a married couple or civil partners as regards the extended rate band, the ability to transfer certain tax credits and entitlement to the home carer tax credit in specific circumstances. However, the legal status for married couples has wider consequences from a tax perspective both for themselves and persons connected with...

Finance (No. 2) Bill 2023: Second Stage (24 Oct 2023)

Michael McGrath: ...rate cut-off point for income tax will also increase by €2,000 to €42,000 for a single person, with commensurate increases in the bands applying to married persons and persons in civil partnerships. Furthermore, the Bill will increase the home carer tax credit to €1,800, in line with the programme for Government commitment to support families. Likewise, the...

Written Answers — Department of Finance: Tax Credits (18 Oct 2023)

Michael McGrath: The Irish tax code provides for a wide range of tax credits, reliefs and allowances for individuals who are carers or have care responsibilities. Eligibility for these tax credits, reliefs and allowances is based on the conditions and criteria attached to each individual measure and the claimant’s personal circumstances. It is also important to note that Revenue pro-actively...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Michael McGrath: ...earning €46,000 in 2024, they will see an increase of over €2,000 in their net income as a result of cumulative income tax and USC changes since 2021. This year’s Budget has a particular focus on tackling child poverty. I am making a number of further taxation changes to assist families with children. I am increasing both the home carer tax credit and the single...

Written Answers — Department of Finance: Tax Credits (10 Oct 2023)

Michael McGrath: I am advised by Revenue that the estimated cost of increasing the home carer tax credit to €2,000, which represents an increase of €300 from its current value of €1,700 per annum, is approximately €22 million on a first year basis and €24 million on a full year basis.

Written Answers — Department of Finance: Budget 2024 (3 Oct 2023)

Michael McGrath: ...people having to pay higher income tax and USC rates.” In addition, the PfG states that“the Earned Income Tax Credit will be equalised with the employee tax credit”. It also includes a commitment to increase the Home Carer Tax Credit to support stay-at-home parents and those with caring responsibilities. Significant progress has been made in achieving these...

Written Answers — Department of Finance: Tax Credits (6 Jul 2023)

Michael McGrath: I am advised by Revenue that an estimated 67,000 taxpayer units will benefit in 2023 from the Budget 2023 measure to increase to the Home Carer Tax Credit from €1,600 to €1,700.

Written Answers — Department of Finance: Tax Reliefs (4 Jul 2023)

Michael McGrath: ...of a child who is permanently incapacitated, where there is a reasonable expectation that the child will be unable to support themselves when over 18 by earning an income from working.A Single Person Child Carer tax credit is payable to any single parent or guardian to a child, other than a foster child or a child in residential care, which they support and maintain at their own expense....

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (22 Jun 2023)

Michael McGrath: Tusla has implemented its child-exploitation procedure in 2021 in partnership with An Garda Síochána which provides Tusla staff and carers with information on how to recognise indicators of child sexual exploitation, how to make appropriate referrals and how to respond to cases where children may be at risk of sexual exploitation. Tusla also developed a training e-learning module...

Written Answers — Department of Finance: Tax Code (13 Jun 2023)

Michael McGrath: .... In addition, the main tax credits - personal tax credits, employee tax credit and earned income credit - were increased by around 7.6 per cent or €125 each from €1,650 to €1,775. It is also worth pointing out the Home Carer Tax Credit was also increased by €100 from €1,600 to €1,700 (a 6.3 per cent increase) in Budget 2023. As the Deputy will be...

Written Answers — Department of Finance: Universal Social Charge (9 May 2023)

Michael McGrath: ...pay higher income tax and USC rates.” In addition, the PfG states that“the Earned Income Tax Credit will be equalised with the employee tax credit”. It also includes a commitment to increase the Home Carer Tax Credit to support stay-at-home parents and those with caring responsibilities. Significant progress has been made in achieving these commitments. For example,...

Written Answers — Department of Finance: Tax Credits (9 May 2023)

Michael McGrath: ...market participation of single and widowed parents. However, in its recommendations, the Commission concluded that the credit should be retained but that it should be allocated to the principal carer of the child only. A feature of the One-Parent Family Tax Credit was that it could be claimed by multiple individuals in respect of the same child, resulting in an unsustainable position. ...