Results 381-400 of 33,392 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Credit Unions (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 289 and 290 together. The Programme for Government has included a commitment to draft a five-year strategy for the credit union sector. I and the Minister of State intend to co-sponsor a workplan with the credit union sector to determine its Strategic Purpose and Framework. I have instructed my officials to draft a member focussed plan that will be inclusive...

Written Answers — Department of Finance: Credit Unions (24 Jun 2025)

Paschal Donohoe: I thank the Deputy for his question. The Central Bank published Consultation Paper 159 on Proposed Changes to the Credit Union Lending Regulations (www.centralbank.ie/publication/consultation-papers/cp159-co nsultation-on-proposed-changes-to-the-credit-union-lending-r egulations) (CP159) in December 2024 which sought views on proposals for targeted changes to the credit union lending...

Written Answers — Department of Finance: Financial Services (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 292 and 293 together. The Credit Reporting Act 2013 (the Act) provided for the establishment of a Central Credit Register (CCR) by the Central Bank. The Act places certain obligations on Credit Information Providers (lenders who submit personal and credit information to the Central Credit Register). Under the Act, lenders are obliged to submit information...

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: I am advised by Revenue that the current VRT rates for Category A and B electric vehicles (EVs) are 7% and 13.3% respectively. Category M motorcycles are exempt from VRT. EVs with an Open Market Selling Price (OMSP) of up to €40,000 are granted VRT relief of up to €5,000 while EVs with an OMSP of greater than €40,000 but less than €50,000 receive a reduced level of...

Written Answers — Department of Finance: Public Procurement Contracts (24 Jun 2025)

Paschal Donohoe: I can inform the deputy that my department has a dedicated procurement unit and this is headed by an Assistant Principal Officer (APO). The APO performs the role of Procurement Officer for the department, which is aligned with the Office of Government Procurements Information Note entitled ‘Procurement Officer Role’. In line with the Civil Service grade structure, the APO...

Written Answers — Department of Finance: Public Procurement Contracts (24 Jun 2025)

Paschal Donohoe: I wish to inform the Deputy that the details of the number of staff, in my Department, who hold a formal procurement qualification or certification (for example, CIPS, NFQ Level 6 or higher in procurement, EU public procurement training) in set out in the Tables below. Table A sets out the details requested in respect of my Department. Table B sets out the details in respect of bodies under...

Written Answers — Department of Finance: Public Procurement Contracts (24 Jun 2025)

Paschal Donohoe: I wish to advise the Deputy that my department uses standard office software to record current contracts in place. The department has a number of divisions, and each division is responsible for contract management within its own area. My department has a dedicated procurement unit which supports divisions, deals with compliance and keeps a register of all contracts in the department....

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: As you are aware, in October 2024 my predecessor published “Funds Sector 2030: A Framework for Open, Resilient & Developing Markets.” That report set out 42 recommendations to cement Ireland’s position as a leading global hub for funds and asset management. This report sets out a series of recommendations to ensure that, in pursuit of continued growth in the...

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: Chapter 1 of Part 2 of Finance Act 2024 legislates for the introduction of E-liquid Products Tax (EPT). Under the new law, EPT will apply to both nicotine-containing and non-nicotine-containing e-liquid products. Essentially e-liquids are liquids used in e-cigarettes including refill cartridges for refillable devices. Similar to the approach for other national excises, the taxing point will...

Written Answers — Department of Finance: Tax Data (24 Jun 2025)

Paschal Donohoe: I am advised by Revenue that the below table outlines the number of property owners paying LPT on one property, two properties, three properties, four properties, between five and nine, between ten and 19, between 20 and 49, between 50 and 99 and 100 or more, excluding local authorities and AHBs. Number of Properties Owned Number of Owners 1 ...

Written Answers — Department of Finance: Tax Data (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 301 and 302 together. I am advised by Revenue that the total projected local property tax liability for 2026 excluding local authorities and approved housing bodies is not yet available. The figures for 2026 will be impacted by the inclusion of newly built properties, Local Property Tax revaluation, and by the decisions of the Local Authorities regarding...

Written Answers — Department of Finance: Departmental Reports (24 Jun 2025)

Paschal Donohoe: The article the Deputy has supplied refers to a technical issue affecting some links on Gov.ie, resulting from a major system upgrade completed in April 2025. The Office of the Government Chief Information Officer (OGCIO) manages Gov.ie and completed the system upgrade. During the migration of content to the new system, a small number of links became broken and were replaced with...

Written Answers — Department of Finance: Fiscal Data (24 Jun 2025)

Paschal Donohoe: The State invested €20.8bn in AIB between 2009 and 2011. Following settlement of the final AIB share sale announced in June 2025, c. €19.8bn has returned to the State to date from its investment in AIB. This excludes the value of the AIB IPO Warrants held by the Minister. Following the IPO in 2017 and our various share sales, we have reduced the shareholding in AIB from...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: Revenue currently operates automated chatbot technology on the Revenue Online Services Technical Helpdesk to assist taxpayers to resolve common technical issues. In Quarter 3 of 2025, Revenue will also launch on its website an AI assisted chatbot to allow taxpayers query its Tax and Duty Manuals for guidance on issues. Revenue has informed me that it has previously piloted webchat on...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: The Employment Investment Incentive (EII), is provided for under Part 16 of the Taxes Consolidation Act 1997. The relief helps to provide SMEs and start-ups with alternative funding sources. I am advised by Revenue that taxpayers may be entitled to tax relief under the EII for qualifying investments, subject to meeting the various requirements and conditions as set out on the Revenue...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: The Employment Investment Incentive (EII), is provided for under Part 16 of the Taxes Consolidation Act 1997. The relief helps to provide SMEs and start-ups with alternative funding sources. I am advised by Revenue that taxpayers may be entitled to tax relief under the EII for qualifying investments, subject to meeting the various requirements and conditions as set out on the Revenue...

Written Answers — Department of Finance: Departmental Projects (24 Jun 2025)

Paschal Donohoe: I wish to inform the Deputy that the Department of Finance does not currently have any infrastructure projects either commissioned or being built.

Written Answers — Department of Finance: Budget 2026 (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 309 and 310 together. As the Deputy will be aware, there are a number of key staging posts throughout the year leading up to Budget Day. The next stage in the cycle is the Summer Economic Statement, which sets outs the budgetary parameters. This will be published next month. The date on which Budget 2026 will be presented to the Oireachtas will be also...

Written Answers — Department of Finance: Tax Strategy Group (24 Jun 2025)

Paschal Donohoe: The Deputy will be aware that the Tax Strategy Group (TSG) is in place since the early 1990s and is chaired by the Department of Finance, with membership comprising senior officials and political advisers from a number of Civil Service Departments and Offices. Papers on various options for tax policy changes are prepared annually for the Group by Department of Finance officials. Papers...

Written Answers — Department of Finance: Tax Exemptions (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 312 and 313 together. Vacant Homes Tax (VHT) was a measure announced in Budget 2023, which aims to increase the supply of homes for rent or purchase to meet demand. I am advised by Revenue that both Local Property Tax and Vacant Homes Tax apply to habitable residential properties that are in use as, or are suitable for use as, a dwelling. VHT operates...