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Written Answers — Department of Public Expenditure and Reform: Pensions Data (16 Nov 2017)

Paschal Donohoe: The Single Public Service Pension Scheme, which was launched on 1 January 2013, is the default pension scheme for persons commencing employment in the public service, including civil servants, from that date onward. The Single Scheme is administered at workplace level by each public service body (termed a relevant authority) to which the Scheme applies. My Department does undertake an annual...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (16 Nov 2017)

Paschal Donohoe: In 1995, as a public service pension reform measure, it was agreed that all future entrants to the public service would pay full PRSI and be eligible for a Contributory State Pension as a part of their overall pension entitlement. As a consequence, occupational pensions for those recruited between 1995 and 2012 are made up of an occupational pension payment plus Contributory State...

Written Answers — Department of Public Expenditure and Reform: Legislative Programme (16 Nov 2017)

Paschal Donohoe: The Public Sector Standards Bill provides for the disclosure of registerable interests by members of the Oireachtas and public servants, and for investigation of possible non-compliance with the legislation. The Bill consolidates the current legislative framework governing the ethical obligations of public officials. It aims to significantly enhance the existing framework for...

Written Answers — Department of Public Expenditure and Reform: Appointments to State Boards (16 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 78 and 80 together. As the Deputy will be aware, the Government overhauled the system for State Board appointments during 2014, building on a number of earlier innovations originally introduced in 2011. The revised approach has the following three key principles at its core: - the promotion of wider access to opportunities on State boards; - the...

Written Answers — Department of Public Expenditure and Reform: Gender Balance (16 Nov 2017)

Paschal Donohoe: The Public Appointments Service (PAS) is the only State Board under my remit. The gender breakdown of that Board in tabular form is as follows: Total Membership  as per Legislation Vacancies Current Members Gender Breakdown 9 3 6 Male 66.7% Female 33.3%

Written Answers — Department of Finance: Primary Medical Certificates (15 Nov 2017)

Paschal Donohoe: As the Deputy is aware, a Primary Medical Certificate is required to claim the tax reliefs provided under the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme.  The Senior Medical Officer for the relevant local Health Service Executive administrative area makes a professional clinical determination as to whether an individual applicant satisfies the medical criteria to...

Written Answers — Department of Finance: Central Bank of Ireland (15 Nov 2017)

Paschal Donohoe: While the Central Bank cannot comment on individual interactions with regulated entities, I am informed by the Bank that it is engaging with Ulster Bank Ireland DAC (Ulster Bank) in relation to this matter. In November 2016, Royal Bank of Scotland (RBS) announced a complaints process and refund of complex fees for SME customers in Global Restructuring Group (GRG) and indicated...

Written Answers — Department of Public Expenditure and Reform: Departmental Meetings (15 Nov 2017)

Paschal Donohoe: In considering the particular matter regarding entitlements for community service supervisors, regard must be had to the costs and precedent of such an arrangement were one to be created. A scoping exercise is currently being finalised by officials in this Department and should be completed later this year.  Due to unforeseen circumstances, it was necessary to postpone...

Written Answers — Department of Finance: Banking Operations (14 Nov 2017)

Paschal Donohoe: I am advised by Revenue that, as part of its offshore investigations, Irish financial institutions and their Irish registered subsidiaries were required on up to 40 occasions to provide information and data to Revenue usually on foot of a High Court Order. The type of information covered by these Orders included- - information, explanations and particulars, where such information...

Written Answers — Department of Finance: Banking Operations (14 Nov 2017)

Paschal Donohoe: The Deputy is aware that the Minister for Finance has no direct function in strategic or operational decisions made by the banks in which the State is a shareholder.  Decisions in this regard are the responsibility of the board and management of each institution, under the supervision of their regulator and equivalent authorities in the jurisdictions relevant to their operations.  ...

Written Answers — Department of Finance: Banking Sector Data (14 Nov 2017)

Paschal Donohoe: As the Deputy is aware, I, as Minister for Finance have no direct function in strategic or operational decisions made by the banks in which the state is a shareholder, and decisions in this regard are solely the responsibility of the board and management of each institution, under the supervision of their regulator and equivalent authorities in the jurisdictions...

Written Answers — Department of Finance: Central Bank of Ireland Staff (14 Nov 2017)

Paschal Donohoe: I am informed by the Central Bank that there are currently 152 active roles being recruited within the Central Bank. The current overall average time to hire is 8.2 weeks. A full breakdown of the number of vacancies in each functional area is detailed in the first table provided by the Central Bank below, with the corresponding average time to hire in the second table. Pillar...

Written Answers — Department of Finance: Tax Code (14 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the VRT calculator is not subject to an independent audit. It is however subject to ongoing review by Revenue to ensure that it remains fit for purpose. I understand from Revenue that the purpose of the VRT calculator is to provide an indication of the likely VRT liability based on the details input by the person using the calculator. The actual VRT...

Written Answers — Department of Finance: Insurance Coverage (14 Nov 2017)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. ...

Written Answers — Department of Finance: Employment Investment Incentive Scheme (14 Nov 2017)

Paschal Donohoe: I am informed by Revenue that due to an increase in both the volume of the correspondence received and complexity of the issues involved in relation to applications for relief under the Employment and Investment Incentive (EII), there has been an unavoidable increase in the time taken to respond to that correspondence. Procedures have been put in place to reduce these backlogs and additional...

Written Answers — Department of Finance: VAT Rate Application (14 Nov 2017)

Paschal Donohoe: VAT rating is guided by the EU VAT Directive, with which Irish VAT law must comply.  Article 110 of the EU VAT Directive allows Member States to apply a rate of less than 5% to goods and services to which that rate applied on and from 1 January 1991. This is an historical derogation known as a super-reduced VAT rate.  Normal reduced VAT rates must be 5% or more. As Ireland...

Written Answers — Department of Finance: Vehicle Registration (14 Nov 2017)

Paschal Donohoe: Section 135D of the Finance Act 1992 provides for repayment of Vehicle Registration Tax on passenger vehicles exported from the State. These vehicles are subject to VRT at the category A rate which can be as high as 36% of the value of the vehicle. Vehicles in category B, which includes commercial vehicles as well as motor caravans, benefit from the lower VRT rate of 13.3%. Given that...

Written Answers — Department of Finance: Tax Credits (14 Nov 2017)

Paschal Donohoe: The process to abolish the rent tax credit has been under way for many years.  The Commission on Taxation reviewed the credit in 2009 and concluded that the net effect of the rent relief was to increase the cost of private rented accommodation, and as a result recommended that the rent relief should be discontinued.  In Budget 2011, the process to abolish the credit was...

Written Answers — Department of Finance: Departmental Inquiries (14 Nov 2017)

Paschal Donohoe: The information requested is being compiled and will be forwarded to the Deputy in accordance with Standing Orders.

Written Answers — Department of Finance: Eligible Liabilities Guarantee (14 Nov 2017)

Paschal Donohoe: The 'Eligible Liabilities Guarantee' (ELG) Scheme will expire by the end of March 2018; eligible liabilities are now at a substantially reduced level and all are expected to mature before this date. The level of Eligible Liabilities for each institution are detailed in their Annual Financial Reports. The rights for the State to appoint Public Interest Directors to the...

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