Results 9,501-9,520 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Rebates (3 Mar 2021)

Paschal Donohoe: The flat rate expense (FRE) regime is operated by Revenue on an administrative basis where both a specific commonality of expenditure exists across an employment category and the statutory requirement for the tax deduction as set out in section 114 of the Taxes Consolidation Act (TCA) 1997 is satisfied, namely, that the expenses are wholly, exclusively and necessarily incurred in the...

Written Answers — Department of Finance: Banking Licences (3 Mar 2021)

Paschal Donohoe: I propose to take Questions Nos. 185 to 187, inclusive, together. As the Deputy is aware the development of the Affordable Purchase Shared Equity Scheme is a policy initiative which falls under the remit of the Department of Housing, Local Government and Heritage following the allocation of funding as part of Budget 2021. A range of commercial and operational matters pertaining to the scheme...

Written Answers — Department of Finance: Tax Data (3 Mar 2021)

Paschal Donohoe: I am advised by Revenue that the provisional receipts collected in respect Betting Duty and Betting Intermediary Duty from 1 January 2020 to 31 December 2020 and to date in 2021 are shown in the table below. Finalised 2020 figures will be published in the coming months. Provisional Receipts Betting Duty Betting Intermediary Duty 2020 ...

Written Answers — Department of Finance: Customs and Excise (3 Mar 2021)

Paschal Donohoe: I propose to take Questions Nos. 189 to 191, inclusive, together. I am advised by Revenue that data is maintained in its customs IT systems by reference to customs declarations as opposed to containers. Declarations are submitted in respect of individual consignments and a container may have one or multiple associated declarations. Each declaration is risk analysed by Revenue and...

Written Answers — Department of Finance: Tax Data (3 Mar 2021)

Paschal Donohoe: A comprehensive review of betting taxation policy was carried out in 2017 in advance of the rate increases in Budget 2019, where betting duty for retail and online operations increased from 1% to 2%, and the duty for betting exchanges increased from 15% to 25% of commissions earned on a bet. My Department keeps betting duty and betting intermediary duty under a rolling review as part of the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Mar 2021)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) was legislated for under the Financial Provisions (Covid-19) (No. 2) Act 2020. The scheme is an emergency measure to deal with the impact of the Covid-19 pandemic on the economy and to deliver an enterprise support to employers based on business eligibility delivering a per-head subsidy on a flat rate basis. The EWSS is only available to...

Written Answers — Department of Finance: Vehicle Registration Tax (3 Mar 2021)

Paschal Donohoe: I am advised by Revenue that the receipts of Vehicle Registration Tax (VRT) for the years 2015 to 2019 are published at link: The provisional receipts of VRT for 2020 are €751.2 million. Finalised 2020 figures will be published in the coming months.

Written Answers — Department of Finance: Vehicle Registration Tax (3 Mar 2021)

Paschal Donohoe: There is no EU law harmonising the registration and taxation of vehicles. Ireland, along with many other Member States, operates a vehicle registration tax.

Written Answers — Department of Finance: Public Procurement Contracts (3 Mar 2021)

Paschal Donohoe: Deputy, I wish to advise that it was not possible for all the Bodies under my Aegis to respond to your information request in the time available and therefore, a partial reply in line with Standing Order 42A is being issued to you in respect of this Parliamentary Question. I will make arrangements to provide the Deputy with the information in relation to the Bodies under my Aegis as soon as...

Written Answers — Department of Finance: Covid-19 Pandemic (3 Mar 2021)

Paschal Donohoe: I wish to advise the Deputy that the only engagement that I or my officials have had with the Independent Scientific Advocacy Group (ISAG) relates to correspondence from the ISAG in December 2020 regarding the national response to Covid-19. The correspondence was primarily addressed to the Taoiseach and I was one of a number of recipients copied on the letter. While the majority of the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Mar 2021)

Paschal Donohoe: I propose to take Questions Nos. 198 and 234 together. The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat the effects of the Covid-19 pandemic. Details of CRSS are set out in Finance Act 2020 and detailed operational guidelines, which are based on the terms and conditions of the scheme as...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Mar 2021)

Paschal Donohoe: As the Deputy may be aware, on 18 March last the Banking and Payments Federation of Ireland (BPFI) announced a coordinated approach by banks and other lenders to help their customers who were economically impacted by the Covid-19 crisis. The measures included flexible loan repayment arrangements where needed, including loan payment breaks initially for a period up to three months and then...

Written Answers — Department of Finance: Haulage Industry (3 Mar 2021)

Paschal Donohoe: The Diesel Rebate Scheme (DRS) has been continuously in operation since July 2013. This is a scheme for hauliers and bus operators which provides a marginal rate of compensation for the cost of fuel excise when the retail price of auto diesel is relatively high. The DRS is operated by the Revenue Commissioners, who will repay some of the mineral oil tax paid by a qualifying road transport...

Written Answers — Department of Finance: Help-To-Buy Scheme (3 Mar 2021)

Paschal Donohoe: The Help to Buy (HTB) incentive, is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. It also has as a key aim the encouragement of additional supply of new houses by supporting demand. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits...

Written Answers — Department of Finance: Wage Subsidy Scheme (3 Mar 2021)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was introduced on 26 March 2020 to provide income support to eligible employees where the employer’s business activities were negatively impacted by the COVID-19 pandemic. This scheme ended on 31 August 2020 and was replaced by the Employer Wage Subsidy Scheme (EWSS) from 1 September 2020. The transitional phase of TWSS operated until 3 May 2020...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Mar 2021)

Paschal Donohoe: I wish to advise the Deputy that I have no responsibility for Travel Agents and there are no plans to extend the eligibility criteria for the Covid Restrictions Support Schemes. Queries in relation to the Covid Business Aid Scheme should be directed to my colleague, the Minister for Enterprise, Trade and Employment.

Written Answers — Department of Finance: Legislative Measures (3 Mar 2021)

Paschal Donohoe: As the Deputy will be aware, the Programme for Government includes a commitment to introduce a Senior Executive Accountability Regime (SEAR). SEAR will drive positive changes in terms of culture, greater delegation of responsibilities, and enhanced accountability while simplifying the taking of sanctions against individuals who fail in their financial sector roles. My officials are engaging...

Written Answers — Department of Finance: Value Added Tax (3 Mar 2021)

Paschal Donohoe: Used cars that are imported into NI from GB after 31 December 2020, under the rules currently in force in the UK are not single market goods and cannot be brought into the State as if they were. Therefore, when they are brought into the State, they are liable for VAT and duty on the same basis as used cars brought into the State from Britain.

Written Answers — Department of Finance: Vehicle Registration Tax (3 Mar 2021)

Paschal Donohoe: Vehicle Registration Tax is provided for in the 1992 Finance Act and subsequent amending legislation and is due on a vehicle’s first registration in the State. The tax is calculated on the basis of the Open Market Selling Price (OMSP) and the CO2 and NOx emissions of the vehicle. There is no provision to provide different VRT rates on the basis of the previous ownership of the vehicle.

Written Answers — Department of Finance: EU Directives (3 Mar 2021)

Paschal Donohoe: Ireland supports transparency and good governance for corporates including “country-by-country” reporting by MNEs to national tax authorities. The Finance Act 2015 introduced obligations for relevant companies to report to the Revenue Commissioners in line with agreements on tax transparency agreed as part of the OECD BEPS process. The European Commission made a proposal in...