Another Thursday, another emergency budget. We cannot keep having calls for emergency budgets and mini-budgets every week. Come on. We just cannot. Will the Deputy please read the analysis from the Irish Fiscal Advisory Council and the Central Bank? To look for another budget every week-----
TDs / Simon Harris
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Members of the Government answer questions rather than ask them
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Debates they spoke in most
Plus 2,685 contributions in the regular slots, such as Leaders' Questions and Priority Questions. Speech from the chair is not counted.
Party, constituency and offices
- constituency Wicklow 29 November 2024 to now
- office Taoiseach 29 November 2024 to 22 January 2025
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The Deputy is doing it again. The budget will be in around 100 days' time. We need to get into an annual budget cycle. We should have a good, decent, robust debate about what the best composition of that is. I look forward to that very much, but we have to stop with this idea of an emergency budget. We have to run the country in a sustainable way.
We should not look at how we assist people purely through the tax sys…
The Deputy is dismissing it.
Apologies.
The good thing about this country is that we have elections. We had two recently and the Deputy went to Galway extensively - he was there a lot - and told people to send Fine Gael a message, back the Sinn Féin emergency budget and vote for the Sinn Féin candidate and Sinn Féin lost the election, badly. In Dublin Central, the Sinn Féin leader's constituency, it lost the election badly, because people do not believe in…
I thank Deputy Neville for the question. The programme for Government contains commitments on personal income tax. We have been clear that if we saw a significant economic deterioration, we would not be able to proceed with personal income tax measures, but I am pleased to inform the House and the Deputy that we will be in a position this year to deliver a personal income tax package. It is more important, quite fran…
I thank Deputy Neville very much. To be helpful, we will see the tax strategy group papers published in the coming weeks and there will be the annual income tax paper from that group, which will set out information on the adjustment of income tax standard bands, including the estimated cost to the Exchequer. These publications are all based on the Revenue ready reckoner and are useful for all of us in this House to d…
I agree with Deputy Neville. Sometimes, we have debates in this House on taxation measures versus spending measures but it is not an either-or situation. We can help people through the income tax system and we should, for all the reasons the Deputy outlined, and will do that. There are also other issues the public want to see us make progress on with respect to the structural costs they face in their lives, whether i…
I genuinely look forward to any discussion of how we do better and do more on this area, which is really important and of growing concern. It is important to note responsibility for various aspects of legislation and policy on combating money laundering, countering the financing of terrorism and the financing of weapons of mass destruction falls across a number of Departments, including mine as well the Department of…
It is a fair point. We have published an action plan with the 30 actions and the reporting structure every six months as well. We have to ensure that is adequately resourced. There are associated resource implications that arise from changes to Ireland's anti-money laundering and countering the financing of terrorism, AML-CFT, regime due to the sixth anti–money laundering directive and also increased requirements fro…
It is a fair point to which I will seek a decent answer for the Deputy. I will come back to him in writing on it. I am concerned about the issues relating to crypto and some of the issues the Deputy has highlighted. I will get specialist advice as to our level of satisfaction that the actions are robustly dealing with them, or not.
I am also concerned about other recent developments we have seen in this country, inc…
I thank Deputy Doherty for the question. The Department received a wide range of proposals in relation to the State’s banking investments over the years, as the Deputy will be aware. As part of their normal functions, officials explore and assess such proposals.
On 5 September 2025, the Department received a non-binding and indicative proposal in writing from Centerbridge Partners to acquire the Minister's stake in …
I am informed by my Department that there was one non-binding, indicative proposal received on 5 September 2025 from Centerbridge Partners to acquire the stake in PTSB. When the indicative proposal was received by the Department, it was assessed. The view was rightly taken that it did not adequately reflect the value of the State’s shareholding in PTSB. The proposal was not pursued and, instead, the formal sale proce…
I truthfully do not know the answer as to whether officials in the Department of Finance were on that call or reviewed that transcript. I am happy to find that out for the Deputy. I truthfully do not know that. I also cannot account for why the CEO of the bank said that on an investor call. I genuinely believe that it made no material difference to the formal sale process and recovering taxpayers’ money that was inve…
I thank Deputy Connolly for his question and his comments, and that is the approach the Government is trying to take. None of this is easy for households or for businesses. War has caused havoc in the world and it has caused a shock to the global economy. Ireland, as a small open economy, is not immune from that. There is no government in the wide earthly world that can insulate its people, even if it wishes to, from…
It is a fair question. What I am saying is that it is not possible for somebody to absorb the full 32 cent. I get that point but I also have to balance that with the fact the Deputy, on behalf of his constituents, Deputy McCormack, on behalf of his, and all of us on behalf of ours, will be looking for things to be done in the budget too. I cannot ignore the fact that the price of oil is now falling and the fact the S…
It is a fair question. Thankfully, as a country, we have had an ability to bring in a very significant package, one of the largest packages in the European Union, without having to borrow for it. Our nearest neighbour, the UK, brought in a much smaller package per head of population and had to go to the markets and borrow for it. I think it got charged approximately 5% for the luxury of that. The fiscal reserves we b…
As the Deputy will be aware, the 9% VAT rate will be reintroduced for hairdressing services and for restaurant and catering services in the food-related hospitality sector from 1 July 2026. We have different views on this. I am very pleased that this is happening. The decision reflects the Government's commitment to supporting employment in sectors that are highly labour-intensive and form a key part of the domestic …
While I vehemently disagree with the Deputy on this, and he vehemently disagrees with me on my position on it, I do not doubt his bona fides on it. Nobody, neither nor the Deputy, is suggesting that we have a monopoly on trying to support jobs. The Deputy wants to do it as do I. We all want to sustain employment. I accept that point but we have a difference of view on how to go about it.
I am very blunt and honest a…
The Deputy would not be doing his job if he was not scrutinising the decisions we make; that is his job. I believe it is a good use of taxpayers' money because the cost of this needs to be seen alongside the amount of income tax and other taxes these businesses and their employees are going to create. When I go back to my community and constituency and go into the local café, I know they will feel some sense of relie…
I can indeed. I thank Deputy McCormack for his question. I see there are a lot of students in the Public Gallery. I am not sure what school they are from, but they are very welcome. They picked a lovely sunny day to come into the Dáil. I thank them for being here and hope they enjoy their summer holidays, which are coming shortly.
As the Deputy will be aware, the programme for Government commits to maintaining the C…
Deputy McCormack is right. We have introduced significant reform in this sector and we now need the industry to ensure the benefit of those reforms are passed onto the customer. We have seen some progress in some areas but, frankly, we have not seen enough. We are very carefully monitoring this in the Cabinet committee. We are often asked for a long list and told if we do A, B, C and D, the premiums will fall. Howeve…
This is a big area we are focusing on. I am conscious insurance costs are significant for all businesses, but they can have a disproportionate significance for smaller businesses, where a hike or an extra premium cost that was not expected could be the difference between viability or not. We have all met businesses in that place.
Attracting more competition into the market is very important and helpful, and we are a…
I thank Deputy Cahill for the question. This is an important issue on which I have had several meetings. Capital acquisitions tax, CAT, is a tax which applies to both gifts and inheritances, and is charged at a rate of 33%. For CAT purposes, the relationship between the person giving a gift or inheritance and the person who receives it determines the maximum amount, known as the group threshold, below which CAT does …
I appreciate this is a serious issue which causes stress, strain and worry to many people. I have had much engagement with colleagues and groups about this and continue to do that. We keep all these issues under review as part of the finance Bill each year. The tax strategy group will again look at these issues this year. We will publish data, information and costings that can help to inform the debate in these House…