Results 8,541-8,560 of 33,280 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Industry (9 Sep 2021)

Paschal Donohoe: At the outset, it is important to note that neither the Minister for Finance, nor the Central Bank of Ireland, has any influence over the pricing or provision of insurance products, as this is a commercial matter assessed on a case-by-case basis.  This position is reinforced by the EU legislative framework for insurance (the Solvency II Directive). Motor insurers use a...

Written Answers — Department of Finance: Tax Reliefs (9 Sep 2021)

Paschal Donohoe: Section 530P of the Taxes Consolidation Act 1997 precludes Revenue from issuing a refund of Relevant Contracts Tax (RCT) until the income tax return for the relevant year (or the Corporation Tax return for the relevant accounting period of a company) has been filed and all associated liabilities discharged. However, the RCT refund is available for offset against other tax liabilities that may...

Written Answers — Department of Finance: Vehicle Registration Tax (9 Sep 2021)

Paschal Donohoe: I am advised by Revenue that any person who wishes to appeal against the refusal of a VRT exemption can avail of a two-stage appeal process.  The first-stage appeal consists of a re-examination of the original decision by a Revenue official who had no previous involvement with the case.  If the appellant is still unhappy following the outcome of that re-examination, there is the...

Written Answers — Department of Finance: Tax Data (9 Sep 2021)

Paschal Donohoe: I am advised by Revenue that information relating to Local Property Tax (LPT) can be found on the statistics webpage of the Revenue website www.revenue.ie/en/corporate/information-about-r evenue/statistics/local-property-tax/index.aspx. The end of year reports at this link include both the overall annual LPT yields and the breakdown of these amounts by Local Authority area for each year...

Written Answers — Department of Finance: Tax Data (9 Sep 2021)

Paschal Donohoe: I propose to take Questions Nos. 205 to 298, inclusive, together. Businesses may claim capital allowances on capital expenditure it incurs on certain types of business assets and business premises. Capital allowances allow the wear and tear of plant and machinery be taken into account as a deduction for tax purposes. In general, such capital allowances are claimed at a rate of 12.5% annually,...

Written Answers — Department of Finance: Financial Instruments (9 Sep 2021)

Paschal Donohoe: As the Deputy will be aware Budget 2021 provided for a reduction in the rate of VAT from 13.5% to 9% for Hospitality and Tourism related services and goods. This was a temporary measure to provide support for 14 months from 1 November 2020 to the end 2021. The measure is being extended to 31 August 2022 in recognition of the continuing challenges facing the Hospitality and Tourism sector. ...

Written Answers — Department of Finance: Insurance Industry (9 Sep 2021)

Paschal Donohoe: At the outset, it is important to note that neither the Minister for Finance, nor the Central Bank of Ireland, has any influence over the pricing or provision of insurance products, as this is a commercial matter assessed on a case-by-case basis.  This position is reinforced by the EU legislative framework for insurance (the Solvency II Directive). Motor insurers use a...

Written Answers — Department of Finance: Tax Data (9 Sep 2021)

Paschal Donohoe: I am advised by Revenue that Section 189 of the Taxes Consolidation Act 1997 (TCA) exempts permanently incapacitated individuals from Income Tax, Pay Related Social Insurance (PRSI), Universal Social Charge (USC) and Capital Gains Tax on the income arising and gains accruing from the investment, in whole or in part, of compensation payments which arise from an order under section 38 of the...

Written Answers — Department of Finance: Government Communications (9 Sep 2021)

Paschal Donohoe: I wish to indicate to the Deputy that to my knowledge, I am not aware of any instance of a hack on my Ministerial phone. The Department’s ICT providers (the Office of the Government’s Chief Information Officer [OGCIO]) have deployed a multi layered approach to security, with defence-in-depth comprising of people, process and technology to protect against cyber security...

Written Answers — Department of Finance: Government Communications (9 Sep 2021)

Paschal Donohoe: I can confirm to the Deputy that I do not use a personal phone for Government business. I also wish to indicate to the Deputy that to my knowledge, I am not aware of any instance of a hack on my phone.

Written Answers — Department of Finance: Freedom of Information (9 Sep 2021)

Paschal Donohoe: I wish to advise the Deputy that my Department supplies annual statistics in relation to Freedom of Information (FOI) requests which are granted and part granted to the Office of the Information Commissioner (OIC). The OIC publishes this information online.  Annual reports can be found on the OIC website through the following link:...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (9 Sep 2021)

Paschal Donohoe: The Covid Restrictions Support Scheme (CRSS), which is provided by Section 11 of the Finance Act 2020, was introduced to support businesses (companies, self-employed individuals and partnerships) significantly affected by restrictions introduced by the Government to combat the COVID-19 pandemic. The CRSS operates on a self-assessment basis, and claimants are required to satisfy themselves...

Written Answers — Department of Finance: Commissions of Investigation (9 Sep 2021)

Paschal Donohoe: I wish to inform the Deputy that there have not been any commissions of investigation under the remit of my Department over the preceding decade.

Written Answers — Department of Finance: Ministerial Appointments (9 Sep 2021)

Paschal Donohoe: I wish to advise the Deputy that the named individual has not held any formal or informal roles in the name of my Department, or any of the bodies under the aegis of my Department, during the lifetime of this Government.

Written Answers — Department of Finance: Tax Code (9 Sep 2021)

Paschal Donohoe: I am advised by Revenue that the specification for the identification mark (the “registration plate”) that must be displayed on all vehicles is contained in the Vehicle Registration and Taxation Regulations, 1992 (S.I. No. 318 of 1992).  These Regulations do not permit personalised registration plates. The existing identification mark is integral to the operations of a...

Written Answers — Department of Finance: Telecommunications Services (9 Sep 2021)

Paschal Donohoe: I wish to inform the Deputy that I use Signal in my capacity as President of Eurogroup. An account was created following my election as President of Eurogroup, in line with a general recommendation on the use of messaging services by EU institutions. Neither of my advisers have utilised either service.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (9 Sep 2021)

Paschal Donohoe: I am informed that, on an indicative basis and assuming that all other elements remain broadly equal, it is estimated very roughly that the cost of extending the Employment Wage Subsidy Scheme in its current form would be of the order of €1.4 billion per quarter for each full quarter out to end-June 2022.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (9 Sep 2021)

Paschal Donohoe: I am informed that, on an indicative basis and assuming that all other elements remain broadly equal, it estimated very roughly that the cost of extending the Employment Wage Subsidy Scheme in its current form would be of the order of €1.4 billion per quarter for Q4, 2021 and Q1, 2022.  I am further informed that extending the scheme in Q2, 2022 using the rate structure...

Written Answers — Department of Finance: Tax Code (9 Sep 2021)

Paschal Donohoe: Section 472B of the Taxes Consolidation Act 1997 provides for the Seafarers' Allowance and section 472BA provides for the Fisher Tax Credit. The incentives are intended to support those working in the commercial maritime sector. The Seafarers' Allowance provides an allowance of €6,350 to individuals working in the shipping transport...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (27 Jul 2021)

Paschal Donohoe: In accordance with the Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union, from 1 January 2021 onwards, goods imported from Great Britain must be declared to Customs, and the goods are liable to customs duty (if applicable) and VAT at import. The Agreement is clear that this applies to all goods, and it leaves no possibility for a...