Results 21,101-21,120 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts Expenditure (18 Jan 2018)

Paschal Donohoe: To support value for money and the building of its own internal capacity, my Department limits the use of external consultancy to instances where the relevant expertise is not available within the Department.  The nature of the work which the Department leads in relation to the Public Service Reform programme means that it undertakes some very significant transformation projects,...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (18 Jan 2018)

Paschal Donohoe: On 19th December last, I published the report of the actuarial review of the State's accrued liability in respect of Public Service Occupational Pensions that was carried out by my Department.  The review was undertaken on behalf of the Central Statistics Office who are required to show the accrued liabilities of all funded and unfunded Irish pension schemes as part of the National...

Written Answers — Department of Finance: NAMA Social Housing Provision (18 Jan 2018)

Paschal Donohoe: NAMA is working to maximise the number of housing units delivered from sites owned by its debtors and receivers. In this respect, NAMA gave an undertaking to my predecessor in late 2013 that it would aim to fund the delivery of 4,500 residential units by end-2016. This target was exceeded with 4,700 homes delivered by end-2016. NAMA remains committed to maximising residential delivery...

Written Answers — Department of Finance: Money Laundering (18 Jan 2018)

Paschal Donohoe: Articles 30 and 31 of the EU’s 4th Anti-Money Laundering Directive (4AMLD) require each Member State to establish central registers of beneficial ownership information for corporates and other legal entities (companies) and for trusts which generate tax consequences. Under the terms of 4AMLD the information in the central register for companies must be accessible by competent...

Written Answers — Department of Finance: Exchequer Revenue (18 Jan 2018)

Paschal Donohoe: I would not agree with the Deputy that a disproportionate amount of State revenue is generated in Dublin city and county. Taxes are not levied geographically so revenue is generated according to where taxpayers, individual or corporate, are based and obviously a significant number of these are in the greater Dublin area. The Revenue Commissioners produce an annual report on the distribution...

Written Answers — Department of Finance: Tax Credits (18 Jan 2018)

Paschal Donohoe: I am advised by Revenue that they will need to confirm certain information with the person concerned in order to be able to verify the accuracy of their tax credits. Revenue will make direct contact with the person concerned very shortly to clarify matters.

Written Answers — Department of Finance: VAT Rebates (18 Jan 2018)

Paschal Donohoe: I am advised by the Revenue Commissioners that on foot of a VAT repayment claim from the person concerned for the period May/June 2017 Revenue sought certain supporting documentation and requested that certain outstanding compliance matters be resolved.  Despite contacts by Revenue on the matter, these matters remain unresolved. When the information requested and outstanding...

Written Answers — Department of Finance: Interest Rates (18 Jan 2018)

Paschal Donohoe: The level of interest payable on judgment debts is a matter for the Minister for Justice and Equality.  The current rate is specified in Statutory Instrument 624 of 2016 which has been forwarded to the Deputy for his convenience.

Written Answers — Department of Finance: Central Bank of Ireland Staff (18 Jan 2018)

Paschal Donohoe: The following table, provided by the Central Bank, reflects the number of persons that have left senior management roles from the Central Bank of Ireland in 2015, 2016 and 2017.  Leavers are reflected in the current organisation structure and across the 4 functional pillars: Central Banking, Financial Conduct, Prudential Regulation and Operations. Pillar Head of Function Head of...

Written Answers — Department of Finance: Departmental Staff (18 Jan 2018)

Paschal Donohoe: I wish to inform the Deputy that all appointments to senior management roles in the Department of Finance are made by the Top Level Appointments Committee (TLAC). TLAC was established in 1984 and its function is to recommend candidates to Ministers and Government for the most senior positions in the Civil Service - at Assistant Secretary (Heads of Division) level and above. By carrying...

Written Answers — Department of Finance: Central Bank of Ireland Staff (18 Jan 2018)

Paschal Donohoe: It was not possible for the Central Bank of Ireland to provide the information sought in the time available and, therefore, I will make arrangements to provide the information in line with Standing Orders.

Written Answers — Department of Finance: Insurance Compensation Fund (18 Jan 2018)

Paschal Donohoe: Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in relation...

Written Answers — Department of Finance: Insurance Coverage (18 Jan 2018)

Paschal Donohoe: At the outset, the Deputy should note that unlike third party motor insurance, employer and public liability insurance is not a compulsory requirement in Ireland. Consequently, there is no equivalent arrangement to the Declined Cases Agreement which operates for third party motor cover.   Having said that, the Government is aware of the difficulties that the rising cost of liability...

Written Answers — Department of Finance: General Government Debt (18 Jan 2018)

Paschal Donohoe: Table A5 of the Economic and Fiscal Outlook, published as part of the Budget 2018 documentation, sets out the forecast nominal movements to the stock of general government gross debt. The debt is forecast to increase out to end-2019 before declining in 2020. As can be seen from this table the primary drivers behind the increase are the ‘Exchequer borrowing requirement’...

Written Answers — Department of Finance: Departmental Expenditure (18 Jan 2018)

Paschal Donohoe: The underspend the Deputy is asking about refers to the Finance Vote Group. There are 4 Votes in the Finance Group: The Department of Finance, the Office of the Revenue Commissioners, the office of the Comptroller and Auditor General, and the Tax Appeals Commission. A sum of €25m (rounded to the nearest million) is profiled as Capital for the Finance Vote Group in the December 2017...

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (18 Jan 2018)

Paschal Donohoe: The terms of a credit agreement will generally set out the rights and obligations of the borrower and lender parties to the contract, including the liability of the borrower for the repayment of the loan. In that context, the Central Bank has advised that, in general, both parties to a joint mortgage are jointly and severally liable for the debt. However, in respect of separated...

Written Answers — Department of Finance: Tracker Mortgage Examination (18 Jan 2018)

Paschal Donohoe: The Central Bank has advised that the scope of the Tracker Mortgage Examination covers all lenders which sold tracker mortgage accounts, including both for the family home and investment properties, up to the end of 2015: - that originated on tracker interest rates; - that had tracker interest rates applied at any stage during the term of the underlying mortgage agreements; and/or - where...

Written Answers — Department of Finance: Tax Credits (18 Jan 2018)

Paschal Donohoe: I am advised by Revenue that there are no data available within its systems on the number of employers who employ an apprentice, the salary levels of the apprentices in their employ, the employer’s ability to absorb the credit proposed, or the behavioural changes which may occur if the credit was introduced. It is not possible, therefore, to estimate the cost to the exchequer of...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (18 Jan 2018)

Paschal Donohoe: The capital underspend for 2017 for the PER Group with a capital allocation (D/PER, Office of Public Works, National Shared Services Office, Office of Government Procurement and Public Appointment Services) is due in the main to timing/scheduling issues in relation to the National Shared Services Office's implementation of the Financial Management Shared Services Project (€6-7m). ...

Written Answers — Department of Public Expenditure and Reform: Community Employment Schemes Supervisors (18 Jan 2018)

Paschal Donohoe: An issue which has been under discussion by the Community Sector High Level Forum relates to community employment supervisors and assistant supervisors who have been seeking, through their union representatives, the allocation of Exchequer funding to implement a Labour Court recommendation relating to the provision of a pension scheme. At the April meeting of the Forum, my Department...