Results 181-200 of 1,758 for pension speaker:Paschal Donohoe

Written Answers — Department of Finance: Housing Provision (10 Nov 2022)

Paschal Donohoe: ...to attract and welcome inward investment to our housing market, as we have successfully done with investment in other sectors of our economy. This private and patient capital coming from well-established investors such as pension funds is a normal facet of housing investment in many of our European neighbours and beyond. Through the implementation of the Housing for All strategy, the...

Written Answers — Department of Finance: Inflation Rate (10 Nov 2022)

Paschal Donohoe: ...focused on mitigating inflationary pressures. Budget 2023includes an overall package of €6.9 billion for next year, including adjustments to income tax bands and increases in social welfare and pension rates. Complementing this is a set of one-off measures amounting to €4.1 billion, which take effect from the final quarter of this year. The one-off package includes three...

Written Answers — Department of Finance: Cost of Living Issues (10 Nov 2022)

Paschal Donohoe: ...focused on mitigating inflationary pressures. Budget 2023includes an overall package of €6.9 billion for next year, including adjustments to income tax bands and increases in social welfare and pension rates. Complementing this is a set of one-off measures amounting to €4.1 billion, which take effect from the final quarter of this year. The one-off package includes three...

Written Answers — Department of Finance: Inflation Rate (10 Nov 2022)

Paschal Donohoe: ...2023 focused on mitigating inflationary pressures. Budget 2023includes an overall package of €6.9 billion for next year, including adjustments to income tax bands and increases in social welfare and pension rates. Complementing this is a set of one-off measures amounting to €4.1 billion, which take effect from the final quarter of this year. The one-off package includes three...

Written Answers — Department of Finance: Economic Policy (10 Nov 2022)

Paschal Donohoe: ...making the inflationary situation worse. Budget 2023 includes an overall package of €6.9 billion for next year, including adjustments to income tax bands and increases in social welfare and pension rates. Complementing this is a set of one-off measures amounting to €4.1 billion, which take effect from the final quarter of this year. The one-off package includes three...

Written Answers — Department of Finance: Departmental Staff (9 Nov 2022)

Paschal Donohoe: I wish to inform the Deputy that, the Dept. of Finance currently has 20 Officers seconded out, with one officer in receipt of Higher Duty/Acting allowance. In this instance, the allowance is pensionable. No Officer currently has been seconded for more than 10, 20 or 30 years.

Written Answers — Department of Finance: Revenue Commissioners (9 Nov 2022)

Paschal Donohoe: ...employees. Demand for Revenue’s online engagement channels has steadily increased in the past few years and the current model which combines the facility to self-serve through MyAccount, online contact through MyEnquiries and the Jobs and Pensions phone service reflects both, demand levels from PAYE taxpayers and the need to provide an efficient and cost-effective service. Revenue...

Written Answers — Department of Finance: Legislative Measures (8 Nov 2022)

Paschal Donohoe: ...benefits payable under the Social Welfare TCA. By way of background, I am advised by Revenue that the Social Welfare Consolidation Act 2005 (SWCA) provides for the payment of the weekly state pension. The payment is made by the Department of Social Protection to an individual who fulfils the statutory criteria. The SWCA also provides for an increase in the amount of state pension where...

Written Answers — Department of Finance: Tax Clearance Certificates (8 Nov 2022)

Paschal Donohoe: ...aged 65 and over, providing additional personal information to help them to complete their Form 11 in the quickest and easiest way possible. The information includes, where applicable, PAYE income (pension and employment) and State pension income for the individual (and their spouse, where applicable). Customers are also advised where to enter the information on the Form 11, noting that...

Written Answers — Department of Finance: House Prices (8 Nov 2022)

Paschal Donohoe: ...will attract and welcome inward investment to our housing market, as we have successfully done with investment in other sectors of our economy. This private and patient capital coming from well-established investors such as pension funds is a normal facet of housing investment in many of our European neighbours and beyond. CSO data shows that in 2021 there were just 96 units purchased...

Written Answers — Department of Finance: Pension Levy (8 Nov 2022)

Paschal Donohoe: I assume the pensions levy the Deputy is referring to is the levy which was charged on pension schemes from 2011 to 2015 in accordance with section 125B of the Stamp Duties Consolidation Act 1999.  The levy was introduced in the wake of the financial crash, at a time when the economy was in very serious difficulties.  It was charged on the market value of assets in pension...

Written Answers — Department of Finance: Financial Services (8 Nov 2022)

Paschal Donohoe: ...law, they should make a complaint directly to the regulated firm. If they are still not satisfied with the response from the regulated firm, they can refer the complaint to the Financial Services and Pensions Ombudsman.

Written Answers — Department of Finance: Tax Reliefs (26 Oct 2022)

Paschal Donohoe: ...the aggregate proposed 2023 value of the Personal Tax Credit, the Employee/Earned Income Tax Credit and the Rent Tax Credit). It is not clear from the Deputy’s question whether he has in mind the non-contributory State Pension which is means-tested or the contributory State Pension which is not means tested and which a person may qualify for, subject to having sufficient social...

Finance Bill 2022: Second Stage (25 Oct 2022)

Paschal Donohoe: .... The credit is aimed at, and will be only available to, renters who do not receive State housing supports. The credit will also be available in certain circumstances to parents who pay rent on behalf of their student child who is in third level education. Sections 16 and 17 provide for the taxation and relief rules for the pan-European personal pension product, PEPP, which has been...

Written Answers — Department of Finance: Tax Code (25 Oct 2022)

Paschal Donohoe: .... One of the main advantages of completing the Form 11 return online is that a significant amount of the form is pre-populated by Revenue with information from a range of sources. For example, pensions from which PAYE has been deducted or additional income from the Departments of Social Protection or Department of Agriculture, Food and Marine. Furthermore, if a taxpayer has filed a...

Written Answers — Department of Finance: Tax Data (18 Oct 2022)

Paschal Donohoe: ...tax, they are subject to an IREF Withholding Tax (WHT) of 20% on distributions to non-resident investors. The legislative provisions exempt certain categories of non-resident investors such as pension funds, life assurance companies and other collective investment undertakings from having IREF withholding tax applied in circumstances where the appropriate declarations are in place. Irish...

Written Answers — Department of Finance: Question Heading for question(s) 273 (18 Oct 2022)

Paschal Donohoe: ...arising. Details on the treatment to apply are provided in Revenue’s Tax and Duty Manual on PRSA’s, which is published on Revenue’s website at www.revenue.ie/en/tax-professionals/tdm/pensions/chapter-24. pdf Revenue have reviewed all of the records in this case. They have confirmed that they have identified an error in the submission made to them by the pension...

Written Answers — Department of Finance: Tax Collection (18 Oct 2022)

Paschal Donohoe: ...; High Wealth Individuals Division (LC-HWID) has responsibility for the following business areas: - Management of the tax affairs of High Wealth Individuals, - Approval and administration of certain pension schemes, and - Identification of and challenge to tax avoidance transactions. The details requested by the Deputy are set out in Table 1 for the range of compliance interventions...

Written Answers — Department of Finance: Mortgage Resolution Processes (18 Oct 2022)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) has advised that as at 14 October 2022, its office had 1,077 complaints on hand identified as being tracker mortgage interest rate related complaints. In 2022 to date, the FSPO has identified 113 new complaints as being tracker mortgage interest rate related; closed 172 tracker mortgage interest rate related complaints and re-opened 11 such...

Written Answers — Department of Finance: Banking Sector (12 Oct 2022)

Paschal Donohoe: ...law, they should make a complaint directly to the regulated firm. If they are still not satisfied with the response from the regulated firm, they can refer the complaint to the Financial Services and Pensions Ombudsman.