Results 9,081-9,100 of 32,864 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: Yes, I believe it is.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: We would not have got into that level of detail yet because the only expenditure ceiling I published in the SPU was a total Government figure for current spending of 3.5%. I am not aware that it has been broken out at departmental level up to 2025.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I do not have the information to hand to be able to answer that question.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: The Cepartmental element of it is a matter for the Minister, Deputy Michael McGrath, and I am responsible for the total ceiling. To the best of my knowledge, the Departmental element of that does not now go out all the way up to 2025.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: Of course.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I was very clear when I published the SPU that it was being prepared on a no policy change basis. It will be the case that if the Government makes further decisions that influence the level of expenditure we have for next year and beyond then that will change the expenditure ceilings. As the Deputy knows, the SPU is prepared strictly on the basis of decisions that have already been taken...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I do not have the cost of the consultation. I will by all means share it with the Deputy. The report has not been published. I was considering it during the last Government and have not published it to date.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I will consider when I publish it. It was made available to inform me and help me in policy choices I might make about the banking sector and I did not make a set of choices that merited the publication of the report.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I am willing to publish it. I will consider what is the right point to do that, to inform the debate we are having on the banking sector.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I spoke to the Attorney General in respect of that matter. The advice from the Attorney General was that Goodbody would not be subject to that charge. From a policy point of view, that particular charge was brought in with a view to it applying to our retail banks. Goodbody is a stockbroker, it is not a retail bank. I emphasise that following the decision I made, anybody who is working...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I did not have to change the rules. I had to make a policy decision and I made it. Events that have happened since proved the value of a company like Goodbody, which is an Irish company, being in stable ownership.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: It was about jobs. The policy decision I made was that remuneration policy not intended to apply to Goodbody in the first place would continue to not apply to it. If I had not made that decision, it is my view that this purchase would not have gone ahead. There is value to Irish jobs and our economy in having at least one of our stockbroking firms in the stable ownership of an Irish...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I am aware of the issue. It is a very serious matter. However, I came to answer questions about the Estimates for the Department of Finance. I do not have the kind of detailed briefing I would need in order to speak on the matter to which the Deputy refers. Given the seriousness of the issue, I do not want to speak on it until I have such a briefing. If the oral question to which the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: Sure.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: On the first question, a huge amount of focus goes into how we can support and further grow the financial services sector here in Ireland. In the post-Brexit environment we have had a number of important successes with regard to that, with companies either moving their headquarters to Ireland or a number of existing companies significantly expanding the number of people they employ here. In...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I thank Deputy Richmond. The total amount of staff that the Revenue Commissioners will now have, upon the implementation of the proposed Estimate, is 7,024, which is an increase on the number at the end of last year when the total was just under 6,680. I believe the total number of staff the Revenue Commissioners will now have will be sufficient to allow them to respond to the many...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: I thank Deputy Barry. When he started with his Beatles analogy I thought initially he was going to refer to "The Long and Winding Road" or something of that nature to demonstrate the journey that we are on with the pandemic, but the song he picked is probably a more appropriate one given the question he put to me. I did receive a letter from the Minister of State, Deputy Joe O'Brien, on his...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: Our national debt will have increased by €38 billion across a two-year period precisely because of my support for putting in place large programmes of Government spending that are funded by borrowing. The SPU anticipates a deficit of just under 5% this year, a similar figure to last year. The policy position for next year predicts a deficit of just under 3% before we make choices...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: The SPU indicates that we have the ability to get over 70,000 people back to work in the second half of this year and 224,000 people back to work next year. The document to which the Deputy is referring, which is a forecasting document only, indicates that on the basis of decisions taken already, the country has the ability to get 300,000 people back working. That is what we want to do.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (20 Apr 2021)

Paschal Donohoe: In terms of the decisions that have been made by the Government to look at how we can accelerate that, as recently as yesterday, the Minister for Higher and Further Education, Research, Innovation and Science, Deputy Harris, outlined the kind of apprenticeship programme that will be a vital element in how we retrain those who were working in some sectors of the economy and might not have many...