Results 21,901-21,920 of 33,049 for speaker:Paschal Donohoe

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

Paschal Donohoe: The Central Bank, as communicated in its Strategic Plan 2016 – 2018, will implement a strategy for banknote production. The strategy objective is to determine how the Bank meets its Eurosystem obligations for allocation of the annual Euro banknote production. The strategic review, which formally commenced in 2015, is in the context of developments with bank note printing across the...

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

Paschal Donohoe: I propose to take Questions Nos. 116 and 117 together. On 1 January 2015 new EU VAT rules came into effect changing the place where VAT is chargeable in respect of all supplies of telecommunications, broadcasting and electronic (TBE) services to consumers. VAT on these services is now chargeable where the consumer is located instead of where the supplier is located.  As a result of the...

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

Paschal Donohoe: I propose to take Questions Nos. 118 and 119 together. Currently, there is one Public Interest Director on the board of Bank of Ireland. The date of appointment and date of resignation/cessation of office for each of the public interest directors appointed at AIB, BOI and PTSB are as follows: Bank Appointed Resignation/cessation Allied Irish Banks Dick Spring Jan 09 Dec 2014 Declan...

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

Paschal Donohoe: The Deputy should note at the outset that in my role as Minister for Finance I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank 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 the risks they are willing to...

Written Answers — Department of Finance: Prize Bonds (14 Nov 2017)

Paschal Donohoe: The NTMA have advised me that the Prize Bond Company acts as an agent of the NTMA in the administration of Prize Bonds.  Any queries in relation to Prize Bonds should be directed to Prize Bond – Customer Service the contact details for which are available on the dedicated State Savings website atwww.statesavings.ie.  It should be noted that the...

Written Answers — Department of Finance: Severe Weather Events Response (14 Nov 2017)

Paschal Donohoe: The Department of Housing, Planning and Local Government is the Lead Government Department for coordinating the response to severe weather emergencies at national level. My Department is one of the Departments that participate in the National Emergency Coordination Group (NECG), which met on 15 October 2017 in anticipation of the arrival of Storm Ophelia. On the basis of advice provided...

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

Paschal Donohoe: According to the latest data published by the CSO, average weekly earnings grew by 2.2 per cent on an annual basis in the second quarter of 2017. This compares to annual rent inflation of 6.6 per cent based on Residential Tenancies Board data. The fundamental issue with the housing market in Ireland today is lack of supply. This applies to the rental market specifically and to the...

Written Answers — Department of Finance: Deposit Guarantee Scheme (14 Nov 2017)

Paschal Donohoe: Approved Retirement Funds (ARFs) are part of the flexible options at retirement introduced in Finance Act 1999 to provide control, flexibility and choice to the holders of personal pension plans and to proprietary director members of occupational pension schemes, in relation to the drawdown of their retirement benefits. In order to avail of an ARF, members aged under 75 are required to...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Eligibility (14 Nov 2017)

Paschal Donohoe: The terms of the Home Renovation Incentive (HRI) are set out in section 477B of the Taxes Consolidation Act 1997. (a) I am advised by Revenue that the cost of installing a stair lift in a home can qualify for relief under HRI. (b) I am also advised by Revenue that the cost of a stair lift qualifies for relief in respect of health expenses under the Tax Acts and a refund of VAT where it...

Written Answers — Department of Finance: Knowledge Development Box (14 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 126 and 127 together. I am advised by Revenue that the Knowledge Development Box (“KDB”) was introduced with effect from 1 January 2016. Information from Corporation Tax returns for 2016, the bulk of which have only recently been filed, will be processed, parsed and analysed in the coming months. Further information on the KDB will then be...

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

Paschal Donohoe: Details of the numbers of convictions, and of prison sentences imposed, in the period in question are set out in the following tables. The Deputy may wish to note that in some of the cases in which a prison sentence was imposed, the sentence may have suspended in full or in part by the courts. There was no case of a prosecution in respect of the non-filing of tax returns in which a prison...

Written Answers — Department of Finance: State Claims Agency (14 Nov 2017)

Paschal Donohoe: The NTMA have advised me that the State Claims Agency did not undertake audits in the Defence Forces in 2013 and 2014.

Written Answers — Department of Finance: Intellectual Property Management (14 Nov 2017)

Paschal Donohoe: In relation to “onshoring” of intangible assets, as recorded in the National Accounts, I understand from the CSO that there are two channels by which this can occur. The first channel is through the import of Research and Development (RandD) related intellectual property (IP), and the second is through the relocation of companies and their associated balance sheets. The...

Written Answers — Department of Finance: EU Directives (14 Nov 2017)

Paschal Donohoe: In Finance Act 2015, Ireland introduced Country by Country reporting in line with the OECD Base Erosion and Profit Shifting (BEPS) Action 13 recommendation. The first reports will be filed with the Revenue Commissioners by the end of this year and these reports will be exchanged with other tax authorities around the world through EU and OECD mechanisms.  Making country by country...

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

Paschal Donohoe: There is widespread consensus in recent years that aggressive tax planning can only be prevented by all countries acting together. Member States of the EU agreed last year to draw up a list of countries that do not live up to international best practice on tax.  Criteria were agreed by Member States early in 2017 which are based on agreed international tax standards on transparency,...

Written Answers — Department of Public Expenditure and Reform: Severe Weather Events Response (14 Nov 2017)

Paschal Donohoe: In the first instance, I would like to extend my deepest sympathy to the families and friends of the three people who tragically lost their lives during Storm Ophelia last month.  The Department of Housing, Planning and Local Government is the Lead Government Department for coordinating the response to severe weather emergencies at national level.  My Department is one of the...

Ceisteanna - Questions - Priority Questions: Departmental Expenditure (9 Nov 2017)

Paschal Donohoe: There was no smart-aleckry in the comment I made. As somebody who has worked with the Minister, Deputy Ring, over many years and had the experience of working with him in the Department of Transport, Tourism and Sport, I know his ability and focus to ensure that plans from Government happen on the ground is unparalleled. If there is an issue in regard to the expenditure of money by local...

Ceisteanna - Questions - Priority Questions: Public Sector Staff (9 Nov 2017)

Paschal Donohoe: The Public Service Stability Agreement 2018-2020 provides for a more comprehensive examination by the Public Service Pay Commission of underlying difficulties in recruitment and retention in sectors and employment streams of the public service where difficulties are evident. The Government recently approved the terms of reference for the second phase of work of the commission. Where a...

Ceisteanna - Questions - Priority Questions: Public Sector Staff (9 Nov 2017)

Paschal Donohoe: I entirely agree with Deputy Calleary on the final point he made. As he said, pay will play a role but there are many other matters at stake here, particularly the issue of career planning. When people enter any kind of job, but particularly a front-line service job, they have a reasonable expectation that they will know how their career is going to be planned for the foreseeable future....

Ceisteanna - Questions - Priority Questions: Departmental Expenditure (9 Nov 2017)

Paschal Donohoe: The disbursement of funds from the Vote of the Department of Rural and Community Development is a matter for the Accounting Officer of that Department in the first instance. My Department's circular No. 13/2014 clarifies arrangements for the management and accountability for grants from Exchequer funds. In particular, section 6 provides that the default position is that grants should be...