Results 141-160 of 1,022,186 for in 'Dáil debates' OR (speaker:Máiría Cahill OR speaker:Bríd Smith OR speaker:Josepha Madigan) in 'Committee meetings'

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 May 2024)

Michael McGrath: The vacant homes tax, as the Deputy knows, is targeting habitable properties. The Deputy is raising a number of other issues which are important and relevant when it comes to properties which are vacant but which in many instances are also derelict. My colleague, the Minister, Deputy O'Brien, published the Vacant Homes Action Plan 2023-2026 and last month the progress report from April...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Customs and Excise

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Pearse Doherty: 63. To ask the Minister for Finance if he will cancel the increases in excise duty on petrol and diesel scheduled for August and October of this year, given the cost-of-living pressures facing households and their impact on trade for businesses in the Border region; and if he will make a statement on the matter. [22786/24]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Pearse Doherty: Last month, the Minister increased the price of petrol and diesel and we see that now at the pumps across the State. The Minister is set to increase the tax further in just over 70 days and then again two months later. This will push the price of petrol up by another 6 cent and diesel by another 5 cent. This is happening at a time when workers and families continue to face a cost-of-living...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Michael McGrath: I thank Deputy Doherty for his question. The Government is conscious of the implications of fuel costs for all sectors of society. This is reflected in the fact that in 2022, in light of the acute impact rising prices were having on households and businesses, the Government provided for temporary cuts in excise rates which, inclusive of VAT, amounted to 21 cents, 16 cents and 5.4 cents per...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Pearse Doherty: This morning, Social Justice Ireland pointed out that the Minister's budget would widen the gap between the rich and the poor. If he has not noticed, low and middle-income families the length and breadth of this State are still struggling with high costs. Yet, what the Minister has planned are more price hikes for them. The Minister increased the price of petrol and diesel last month and...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Customs and Excise (21 May 2024)

Michael McGrath: As I said earlier, and I am happy to repeat it, I will keep the situation under review in advance of the final restoration which is due on 1 August. There is considerable volatility when it comes to fuel prices, not least because of the movement in the cost of a barrel of oil which is only one input cost. It increased in recent weeks. It fell back again but it is moving in both...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Pearse Doherty: From the figures the Minister has put on the record today, it is patently obvious that he has taken a very good idea from Sinn Féin, although he and his Government resisted it for quite a while. However, when he finally gave in, he made a mess of the design of it. The fact that despite there being 700,000 mortgage holders across the State, only 18,000 households have received the full...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Michael McGrath: I do not accept the Deputy's assertion in that regard. I point to the fact that almost 22,000 taxpayer units, some of whom may be couples given the way they are counted by the Revenue Commissioners, made a claim for this relief as part of their 2023 PAYE income tax return. I expect that many more will do so over the eligibility period. Although it was an estimate, the figure provided to me...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Pearse Doherty: The Minister has made a mess of the design of it, as we pointed out at the time, because he took too long to acknowledge what Sinn Féin had spent a year arguing for. It is not just that; he has locked out countless homeowners, tens of thousands, who have seen their mortgage interest rates increase. For example, by requiring that claimants have a balance of over €80,000, he has...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Michael McGrath: I do not accept that at all. This is a non-refundable tax credit. There was engagement with the Revenue Commissioners for many months in the lead-up to the budget last October. They were very clear with me and my officials that it was not possible to put in place the necessary IT infrastructure to-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Pearse Doherty: That is because the Minister took so long to make this decision.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Michael McGrath: No, not at all.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Pearse Doherty: It is.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Michael McGrath: There was very early engagement with the Revenue Commissioners on that issue.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Pearse Doherty: We had deduction at source for years.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Credits (21 May 2024)

Michael McGrath: The Deputy raised the cases of specific individuals. From what he has said, I assume they do not have an income tax liability and are therefore not able to avail of a non-refundable tax credit. I am following up on that issue with Revenue and the Department of Social Protection. There is a need for information sharing between the two but a commitment was given that people who do not have a...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 May 2024)

Tax Code

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 May 2024)

Richard Boyd Barrett: 62. To ask the Minister for Finance if he is considering further taxation measures to address the issues of long-term vacancy, dereliction, land hoarding and property speculation in light of the severe housing crisis; and if he will make a statement on the matter. [23005/24]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 May 2024)

Richard Boyd Barrett: One of the most obscene aspects of the absolutely dire housing and homelessness situation we face in this country is the phenomenon of people being homeless, being crammed into overcrowded conditions and being hopeless about the possibility of ever owning their own home or getting a social house while you can see vacant property, derelict sites and speculators sitting on land or property to...