Results 22,661-22,680 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Budget Submissions (4 Oct 2017)

Paschal Donohoe: My Department has so far received in the order of 370 Pre-Budget Submissions from a wide range of groups and individuals. These are being considered by the relevant officials in the context of Budget and Finance Bill preparation. I can confirm that a submission from Aid Link has been received. However, as the Deputy will be aware, it is not the practice of the Minister for Finance to discuss...

Written Answers — Department of Finance: IBRC Liquidation (4 Oct 2017)

Paschal Donohoe: I am advised by the Special Liquidators of IBRC that the vast majority of assets remaining in the liquidation are tied to on-going litigation. For reasons of confidentiality and commercial sensitivity, the Special Liquidators cannot provide any further detail on these assets at this time. The Special Liquidators are committed to selling the remaining assets as quickly as is practical but...

Written Answers — Department of Finance: Budget Submissions (4 Oct 2017)

Paschal Donohoe: As the Deputy may be aware, I have received a number of pre-Budget submissions proposing changes to the operation of income averaging for the farming sector.  Consideration of specific proposals with regard to income tax measures relating to the farming sector remain ongoing in the context of Budget 2018 deliberations.

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (4 Oct 2017)

Paschal Donohoe: My Department in liaison with the Department of Justice & Equality is currently processing  this particular appeal application. It is expected that a decision will be made shortly on the appeal and this outcome will be conveyed to the  persons concerned by the Department of Justice & Equality.

Written Answers — Department of Public Expenditure and Reform: Public Procurement Regulations (4 Oct 2017)

Paschal Donohoe: Public procurement is the acquisition, whether under formal contract or not, of works, supplies and services by public bodies.  National rules governing public procurement must comply with the relevant EU, WTO and national legal requirements and obligations.  Under EU law, public contracts above a certain value must be advertised EU-wide and awarded to the most competitive tender in...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (3 Oct 2017)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers Scheme provides relief from VAT and Vehicle Registration Tax, an exemption from motor tax and a grant in respect of fuel expenditure, on the purchase of an adapted car for transport of a permanently and severely disabled person within the terms of the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994. The...

Written Answers — Department of Finance: Tax Credits (3 Oct 2017)

Paschal Donohoe: The Earned Income Credit was introduced in Budget 2016 and then increased in Budget 2017.  The tax credit is available to taxpayers with active self-employed trading or professional income and to business owners or managers who do not have access to the PAYE credit on employment income from their business. The credit provides a significant benefit to small business-owners right...

Written Answers — Department of Finance: EU Directives (3 Oct 2017)

Paschal Donohoe: The Insurance Distribution Directive was published in the Official Journal of the European Union in February 2016 and must be transposed into Irish law by 23 February 2018. It will replace the Insurance Mediation Directive which was adopted in 2002 to regulate point of sale insurance products and will create a single market for the sale of insurance products. The Insurance Distribution...

Written Answers — Department of Finance: Universal Social Charge Application (3 Oct 2017)

Paschal Donohoe: The Universal Social Charge (USC) was introduced in Budget 2011 to replace the Income Levy and Health Levy. It was a necessary measure to widen the tax base, remove poverty traps and maintain revenue to reduce the budget deficit. It is a more sustainable charge than those it replaced and is applied at a low rate on a wide base. However, the base for USC does not include payments made by the...

Written Answers — Department of Finance: Financial Services Regulation (3 Oct 2017)

Paschal Donohoe: Under Part IIIC of the Central Bank Act 1942 (as amended) (“the Act”), the Central Bank may hold an inquiry to determine whether or not a financial service provider is committing or has committed a suspected prescribed contravention. The Central Bank may also hold an inquiry to determine whether or not a person concerned in the management of a regulated financial service...

Written Answers — Department of Finance: Help-To-Buy Scheme Assessment (3 Oct 2017)

Paschal Donohoe: As the Deputy will be aware, one of the central policy aims of the Help to Buy initiative is to help make mortgages more accessible to first-time buyers, many of whom have difficulty securing the required deposit under the Central Bank macro-prudential rules. Individuals who are in a position to avail of a mortgage at a lower loan-to-value ratio than 70% are considered to have sufficient...

Written Answers — Department of Finance: Tax Code (3 Oct 2017)

Paschal Donohoe: Efforts are continuing to seek Ireland’s removal from the Brazilian black list. A technical delegation from the Department of Finance and Revenue met with Brazilian officials earlier this year to seek a resolution to this issue. Since then there has been continuing contact with the Brazilian authorities at official level. The issue was also raised directly with the Brazilian Finance...

Written Answers — Department of Finance: Legislative Programme (3 Oct 2017)

Paschal Donohoe: The Government Legislative Programme was published by the Chief Whip Joe McHugh T.D. on 19 September following consultation with the Attorney General and Government Departments including the Department of Finance. My Department has three items included on the list of Priority Legislation for Publication this session. The title and purpose of each of those Bills is set out in the following...

Written Answers — Department of Finance: Banking Sector (3 Oct 2017)

Paschal Donohoe: As the banks in which the State is a shareholder are independent commercial entities, I as Minister do not have a role in their strategic or operational management. The information requested by the Deputy is therefore not held in my Department. I have asked the relevant institutions to respond to the Deputy's request. AIB: "For commercial confidentiality reasons AIB does not publicly...

Written Answers — Department of Finance: Cycle to Work Scheme (3 Oct 2017)

Paschal Donohoe: The Deputy will be aware that it is not the practice of the Minister for Finance to discuss the details of measures which may be under consideration as part of the Budget and Finance Bill.

Written Answers — Department of Finance: Fuel Prices (3 Oct 2017)

Paschal Donohoe: It is the long-standing practice of Ministers for Finance not to comment on what may be contained in upcoming budgets.

Written Answers — Department of Finance: Vehicle Registration (3 Oct 2017)

Paschal Donohoe: I am informed by Revenue that all vehicles that are type approved by the relevant competent body as M1 or N1 vehicles are registered by Revenue as M1 or N1 vehicles. Following the introduction of a laser measurement system in 2016, the National Standards Authority of Ireland (NSAI) provided Revenue with a list of new vehicles that they had measured and that did not qualify as N1 vehicles....

Written Answers — Department of Finance: NAMA Debtor Agreements (3 Oct 2017)

Paschal Donohoe: In order to meet its primary objective of obtaining the best achievable financial return for the State from its acquired loans, NAMA may provide funding to its debtors and receivers to protect and enhance their assets so as to optimise their income-producing potential and disposal value. Since inception, NAMA has advanced loans to its debtors and receivers for a range of purposes,...

Written Answers — Department of Finance: Insurance Costs (3 Oct 2017)

Paschal Donohoe: The Cost of Insurance Working Group – which is now chaired by Minister of State Mr. Michael D’Arcy T.D. – finalised its Report on the Cost of Motor Insurance in December 2016 and it was published on 10 January 2017. The Report makes 33 recommendations with 71 associated actions to be carried out in agreed timeframes, set out in an action plan within the Report. The...

Written Answers — Department of Finance: Tax Code (3 Oct 2017)

Paschal Donohoe: I note the recent speech delivered by the French President to which the question refers. In respect of Ireland's cooperation on corporation tax policy within Europe, Ireland has been very actively engaged with corporate tax proposals at EU level. Ireland played an important part in the negotiation and agreement of several significant tax directives, including the Anti-Tax Avoidance...