Results 7,701-7,720 of 32,610 for speaker:Paschal Donohoe

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: EU Funding (21 Sep 2021)

Paschal Donohoe: I do not hear much stony silence in regard to the costs. A growing theme of the public debate that is under way is an appreciation of the increase in our national debt and what that could mean for generations to come. Unlike the banking guarantee, the debt incurred in dealing with the Covid crisis played a direct role in saving jobs in our domestic economy at a time they were needed. It...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: EU Funding (21 Sep 2021)

Paschal Donohoe: The Deputy will come into the House and say the public health measures are too demanding but when the Government brings forward a plan to lighten and moderate those public health measures and allow restaurants to successfully reopen in the way they did this summer, Deputy Tóibín is against it. He talked earlier about his instincts. He says he is in favour of changing public health...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: EU Funding (21 Sep 2021)

Paschal Donohoe: Of course the Deputy does not want it acknowledged that the measure succeeded. He is against stony silence except when a charge is being made about him.

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (21 Sep 2021)

Paschal Donohoe: I propose to take Questions Nos. 6, 14, 16, 25, 37, 41, 50, 54 and 62 together. The business resumption support scheme is a new support for businesses impacted by Covid-19. It is administered by Revenue. To qualify for the scheme, a business must carry on a trade or trading activities the profits from which are chargeable to tax under case I of Schedule D. The business must possess a...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (21 Sep 2021)

Paschal Donohoe: I thank the Deputies for the points they made, some of which I will try to address. First, in terms of the number of covered companies and employers that have registered for the support scheme, this reminds me of where we were with the CRSS, in that registration at the start of the scheme tended to be lower than I expected. When we launched the scheme, I was asked in the early phase of that...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: Time will be used to ensure that when I make a decision on the introduction of this tax, it will be a tax that is effective and plays the role I want it to play which is the conversion of vacant properties into homes that families and those who need housing will use. Bringing in such a measure on the use of property is something I need to get right. It needs to be effective and must be...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: Actually, I have much thought out in relation to what we will do.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: The Deputy wants to give a speech. I want to put in place a tax that will make a difference.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: I will continue with the work that is under way because, of course, I am aware of the need to get more homes built and to turn vacant properties into family homes. That is the reason we have Housing for All, in which there are record levels of investment. It is also the reason that year-on-year, during the last Government, more money was made available-----

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: -----to build more homes and which led to those homes being built. As the Deputy knows, it is simply not appropriate for me to comment on-----

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: -----the detail of a policy in relation to taxation until it is communicated in a finance Bill or on budget day. That is what I will do.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: EU Funding (21 Sep 2021)

Paschal Donohoe: Of the money we spent on Covid and supporting our society through a time of such challenge, I am unclear what element of that spending the Deputy was against. Was he against the introduction of the pandemic unemployment payment? Was he against the introduction of the employment wage subsidy scheme? Was he against putting more money into our hospitals as our citizens needed support and...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: EU Funding (21 Sep 2021)

Paschal Donohoe: Instinct is appropriate here and it was an appropriate word for the Deputy to conclude his question on. What instinct of his is motivating him? During the many lockdowns we had to go through when our country was going through waves of Covid, at what point would he have lightened the public health measures? At what point would he have made the decision, when there were hundreds of people in...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: I thank the Deputies. Deputy Doherty touched on a point I was going to make to Deputy Nash regarding information that was contained in the Christian Aid report. That report noted that since the changes were made by me and accepted by the Dáil in November 2018, only four companies have been incorporated in Ireland with a place of business registered in Malta. The measures that I...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: The Christian Aid report shows that the number of companies that have been registered in Malta since the measures I brought in took effect is small. Was I aware of this behaviour? No, I was not. Will the Revenue Commissioners be informing me of the detail of the affairs of any one taxpayer? No, they will not. They will advise me on the generality of any matter. As to me laying out on...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: I am of course aware of the huge challenges we have in providing affordable homes, providing homes for those who need them most and the great challenge of increasing rents. That is why I am absolutely committed to delivering the measures that are outlined in Housing for All. There is no delay whatsoever to those commitments. I am committed to the introduction of such a tax. Before I look...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector (21 Sep 2021)

Paschal Donohoe: The Deputy already knows what the macroprudential rules are and how they are operated so I will directly answer the question he has put to me. With regard to my engagement with the Central Bank, the operation of the macroprudential rules is an independent function of the Central Bank and it is not appropriate for me to contact it on how it operates that policy. It is set and implemented by...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector (21 Sep 2021)

Paschal Donohoe: It is a separate issue and I am aware of its huge importance and the chronic stress and anxiety it has caused. While the Deputy recognised that I cannot influence a lending decision made by our banks, I will raise this issue in the coming weeks, in the context of the Government response to mica that will be put forward.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector (21 Sep 2021)

Paschal Donohoe: To date, I have not had engagement with the banks on a contribution they may, or may not, make to a scheme such as this in the future. Obviously, there is an intensely important need that we have to strive to better meet on behalf of the communities for whom the Deputy is raising this issue and the families who do not have a home. The issue we will need to consider is how this will be paid....

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Code (21 Sep 2021)

Paschal Donohoe: I propose to take Questions No. 2 and 5 together. As is always the case, I have to emphasise that it is not appropriate for me to comment on the tax affairs of an individual business. I am advised by Revenue that the competent authority agreement with Malta, to which the report refers, was clearly set out as addressing arrangements that would otherwise exploit mismatches between the two...