Results 201-220 of 33,055 for speaker:Paschal Donohoe

Ceisteanna Eile - Other Questions: Fiscal Policy (29 May 2025)

Paschal Donohoe: The Finance (Provision of Access to Cash Infrastructure) Act 2025 is the result of a recommendation in the Department of Finance’s 2022 review of retail banking. The objectives of the Act are to ensure sufficient and effective access to cash in the State; to put in place a framework to manage future changes to the cash infrastructure in a fair, orderly, equitable and transparent...

Ceisteanna Eile - Other Questions: Housing Schemes (29 May 2025)

Paschal Donohoe: The Deputy is raising the strong views of his constituents on this issue. One of the many points of questions like this is for the Deputy to raise issues his constituents want him to raise and for me to do my best to explain why we are doing or not doing what he wants. As I said, the concern I have is that in addition to the difficulties we have with building more homes, we need to ensure...

Ceisteanna Eile - Other Questions: Housing Schemes (29 May 2025)

Paschal Donohoe: I have given the view on the scheme as clearly as I can. I completely understand where the Deputy is coming from and why he is raising the issue. As I said, it is really important that any changes we make at a time in which supply is still not increasing at the speed we want do not add to inflationary difficulties. I will take on board what he said.

Ceisteanna Eile - Other Questions: Tax Yield (29 May 2025)

Paschal Donohoe: The Finance Act 2020 legislated for annual increases in the carbon tax rate of €7.50 until 2029, along with a final increment of €6.50, bringing the rate to €100 per tonne of carbon dioxide in 2030, with current rates based on charging €63.50 per tonne of CO2 emissions. Under the programme for Government, it has been agreed to continue with the planned carbon tax...

Ceisteanna Eile - Other Questions: Tax Yield (29 May 2025)

Paschal Donohoe: This is a revenue-collecting measure that pays for public services and improvements in those things that can make a difference to a greener future for Ireland. Annual increases in carbon tax have been ring-fenced to ensure that this money is used to fund the development of better infrastructure across our country, help with the cost of fuel poverty and fund things we know our country needs...

Ceisteanna Eile - Other Questions: Tax Reliefs (29 May 2025)

Paschal Donohoe: I will deal with the different issues that have been raised. I take on board the overall point that the Deputy is making regarding the efforts that we have to put in place to fund supply. That is being done in two different ways at the moment. At local authority level, the guidelines for planning authorities in respect of childcare facilities aim to make clear the minimum number of...

Ceisteanna Eile - Other Questions: Tax Reliefs (29 May 2025)

Paschal Donohoe: I will raise these issues with the Minister, Deputy Foley, but I know she is aware of them already. I will discuss with her the measures we can put in place now to further increase the supply of new homes and the new childcare places that accompany those new homes. We have measures in place now with regard to helping with the recruitment and retention of staff and with the provision of...

Ceisteanna Eile - Other Questions: Housing Schemes (29 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 9 and 20 together. The primary aim of the help to buy scheme is to encourage additional supply of new houses by supporting demand. It also assists first-time purchasers with the deposit they need to buy or build a new home. The scheme provides a refund of income tax and deposit interest retention tax paid in Ireland over the previous four years, subject...

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: I thank the Deputy for raising this matter. As I said in response to questions from his colleague, I, and everybody in this Government, is well aware of what higher energy costs mean for all sectors of our society. The electricity and gas retail markets in Ireland operate within a regulatory regime that comes from within Europe. These markets are commercial and liberalised. They aim to be...

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: Am I hearing the sands shifting in Sinn Féin's policy on climate again? The Deputy refers to the Government pushing renewables. Does he not think renewables should be playing a larger role in our energy sector? I would appreciate in the exchange we have if he could clarify that issue. I accept that the cost of energy and the way in which our energy market is structured are causing...

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: All the Deputies on the Government benches here today visit homes that use solid fuels. We all represent people in homes that are struggling with the higher cost of energy and who know the cost of living is high. We understand that as well.

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: What we are aiming to do is display a greater degree of honesty to them than Deputy Daly is. Is it Sinn Féin policy now - I am really struggling to understand this - that it wants a refund of the last two years of the carbon tax increases? Is that its policy?

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: People will be getting more and more confused by the Sinn Féin policy here today. The Deputy is saying there should not be any more carbon taxes and there should be a refund of what happened in the past while at the same time Sinn Féin Deputies come to the House every day of the week and want more retrofitting, more cycleways and more measures to help with fuel poverty.

Ceisteanna Eile - Other Questions: Tax Code (29 May 2025)

Paschal Donohoe: The changes we make in carbon tax help pay for that.

Ceisteanna Eile - Other Questions: Tax Reliefs (29 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 8 and 73 together. Deputy Daly just referred to the regional Independents turning up. I just want to refer to how there is not a single member of the Opposition present despite its focus on speaking rights and the operation of the Dáil. Regarding the important issue that has been raised by Deputy Currie, I appreciate its importance. Without the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Housing Schemes (29 May 2025)

Paschal Donohoe: The issue of the threshold change is a matter that will be considered budget to budget. I caution that any changes could affect the price of a home, particularly at a point when we still have so much we need to do to increase supply. Regarding the important point that the Deputy made about the Housing Finance Agency meeting, I believe that refers to meetings of the board. The Deputy is...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Housing Schemes (29 May 2025)

Paschal Donohoe: I am familiar with the needs of home buyers on the northside of Dublin, including within the Deputy's constituency. We will give consideration to this issue as part of the work we do for the budget. I emphasise that, at a time in which supply is not being built as fast as the Deputy or I want, we need to be careful that we not make a change to a scheme that could inadvertently add to the...

Ceisteanna Eile - Other Questions: Fiscal Policy (29 May 2025)

Paschal Donohoe: I thank Deputy McCarthy. The parliamentary question he refers to deals with the funds review and recommendations on the taxation of funds and policies. My predecessor, the Minister, Deputy Chambers, published the Funds Sector 2030 review, which was an important and wide-ranging piece of work. The programme for Government committed to progressing and publishing an implementation plan for...

Ceisteanna Eile - Other Questions: Fiscal Policy (29 May 2025)

Paschal Donohoe: My aim is that we will be able to do this over multiple budgets and try to make progress on these matters. As the Deputy stated, this is a part of our economy that is growing. There is a case for it growing faster within the EU overall. The sector raised multiple issues over a few years that we considered in a more careful and systemic way in the Funds Review 2030, which the Deputy just...

Ceisteanna Eile - Other Questions: Fiscal Policy (29 May 2025)

Paschal Donohoe: I do not have too much more to add what the Deputy said. There is a European background to this. There is so much in savings in Ireland and Europe more widely and we need to look at how we can use those savings in a way that helps to invest in our future and fund the big changes we need. The funds sector has a role to play in that. For so long, the way in which many of us saved was to put...