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05/02/2010
Finance Bill Boosts Bin Bills
The publication of the Finance Bill by the Government today has revealed refuse bin charges and other local authority service charges are set to rise.
Measures introduced in the new Finance Bill mean VAT will now be imposed on some services provided by local authorities from July 1.
Parking and toll fees, local authority leisure and landfill facilities are all dues to see rises as part of the new measures, while a carbon tax of €15 per tonne will be imposed on fossil fuels.
Depending on the VAT rate charged for equivalent private services, VAT of 13.5% or 21% will be imposed on such services
The Labour Party said the Bill will mean extra hardship for many families and households.
Labour Spokesperson on Finance Joan Burton said: "The Minister has sidestepped many of the reforms proposed by the Commission on Taxation in terms of restricting tax avoidance measures used by the super-rich to minimize their tax bills. For instance, he did nothing to curtail tax relief on investments in private hospitals or mega pension pots."
Fianna Fail TD for Dublin North, Darragh O’Brien, however said the Finance Bill was pro enterprise and pro-business.
Commenting on the Bill today, Minister O'Brien said: "Over the last 18 months the Government has cut public spending by €8bn. Had we not done so, the deficit would have ballooned towards 20% of GDP - a level at which the very financial survival of this country would have been at risk.
"In all our actions, our concern has been to protect jobs, to provide a functioning banking system and to return this economy to the path of sustainable growth."
(DW/BMcC)
Measures introduced in the new Finance Bill mean VAT will now be imposed on some services provided by local authorities from July 1.
Parking and toll fees, local authority leisure and landfill facilities are all dues to see rises as part of the new measures, while a carbon tax of €15 per tonne will be imposed on fossil fuels.
Depending on the VAT rate charged for equivalent private services, VAT of 13.5% or 21% will be imposed on such services
The Labour Party said the Bill will mean extra hardship for many families and households.
Labour Spokesperson on Finance Joan Burton said: "The Minister has sidestepped many of the reforms proposed by the Commission on Taxation in terms of restricting tax avoidance measures used by the super-rich to minimize their tax bills. For instance, he did nothing to curtail tax relief on investments in private hospitals or mega pension pots."
Fianna Fail TD for Dublin North, Darragh O’Brien, however said the Finance Bill was pro enterprise and pro-business.
Commenting on the Bill today, Minister O'Brien said: "Over the last 18 months the Government has cut public spending by €8bn. Had we not done so, the deficit would have ballooned towards 20% of GDP - a level at which the very financial survival of this country would have been at risk.
"In all our actions, our concern has been to protect jobs, to provide a functioning banking system and to return this economy to the path of sustainable growth."
(DW/BMcC)
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Minister for Finance, Michael Noonan, has published the Finance Bill 2015, which gives effect to taxation measures announced in the Budget 2016. "Finance Bill 2015, gives legal effect to the range of tax measures that I announced on Budget Day.
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21 November 2008
Tax Hits Hard Following Finance Bill
Taxpayer pockets will feel a little lighter following the publication of the new tax policy, outlined in the Government's widely contested budget in October.
Tax Hits Hard Following Finance Bill
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26 May 2009
No More Income Tax Hikes, Claims Lenihan
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The Finance Minister Brian Lenihan has said there will be no further income tax increases this year. The vow comes only a month after the Government doubled the income levies in the emergency budget. Despite the assurances, Mr Lenihan has confirmed that a property tax and a carbon tax were being considered.
05 September 2014
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15 February 2012
SF Claims Finance Bill 'Rewards The Rich'
The new finance bill rewards the rich and punishes the vast majority of low and middle income citizens, according to Sinn Fein. The claim was made during the Second Stage Dáil debate on the Finance Bill 2012 by Sinn Féin's finance spokesperson Pearse Doherty.
SF Claims Finance Bill 'Rewards The Rich'
The new finance bill rewards the rich and punishes the vast majority of low and middle income citizens, according to Sinn Fein. The claim was made during the Second Stage Dáil debate on the Finance Bill 2012 by Sinn Féin's finance spokesperson Pearse Doherty.
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Ireland WeatherToday:Dry, bright start this morning with best of sunshine in the west. Thickening cloud over Down and Antrim this morning with a few showers, extending westwards this afternoon. Lighter winds. Maximum temperature 16 °C.Tonight:Rather cloudy and mainly dry at first, then showery outbreaks of rain extending westwards to most places during the night, turning heavier towards morning. Light winds. Minimum temperature 8 °C.
