Results 81-100 of 33,392 for speaker:Paschal Donohoe

Ceisteanna Eile - Other Questions: Tax Collection (15 Jul 2025)

Paschal Donohoe: The Exchequer returns for the first half of the year were published at the beginning of the month and the Deputy has just touched on them. VAT receipts amounted to €11.6 billion, which is an increase of €600 million and is just under 6% higher than in the first half of last year. The growth in VAT is consistent with the increase in consumer spending. On an annual basis,...

Ceisteanna Eile - Other Questions: Tax Collection (15 Jul 2025)

Paschal Donohoe: On overall tax receipts for the year, particularly when it comes to VAT, the advice I have received is that we expect to collect the VAT we indicated we would collect for the year. Currently, we are in line to deliver that target. I am aware of the role VAT can play in helping with the cost pressures businesses are facing. The programme for Government contains a clear commitment in...

Ceisteanna Eile - Other Questions: Tax Collection (15 Jul 2025)

Paschal Donohoe: I cannot comment on decisions that will be announced on budget day. Deputy Brennan raised the particular issue of the 5% rate for the apartment sector. I have been advised by my officials in this area that if any attempt were to be made to move apartments down to 5%, other goods that are sold at the middle VAT rate would need to be moved down to 5% as well. That would have a particular...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Military Aircraft (15 Jul 2025)

Paschal Donohoe: It does not matter how many times the Deputy repeats the question; the answer is still the same. We are fully in compliance with our customs code. I have outlined the circumstances in which-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Military Aircraft (15 Jul 2025)

Paschal Donohoe: We are talking about the Revenue Commissioners here, an authority that has implemented the customs code in this country for many decades, and about an airport that has been very active and very busy throughout its existence. I have explained to the Deputy really clearly the circumstances in which customs inspection is due. The subsections to which he refers do not take the place of the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Military Aircraft (15 Jul 2025)

Paschal Donohoe: It is, of course, a subject for very legitimate debate regarding other policy domains, but not for customs.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: First, the Deputy referred to me being "a cheerleader". What I said at the time was that the sale of those loan books from those various banks was an important step in the banks regaining financial health, which, in turn, would help them to lend more in the future and contribute to our economy growing. I understood at that point the sensitivity with regard to it. That is why the consumer...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: Is that to encourage us to speak quicker?

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: The Cathaoirleach Gníomhach is giving me a forewarning. In the next opportunity, I will do my best to go back to the particular question put to me by Deputy Doherty.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: Again, the Deputy uses the language of obstructionism. I exercised my right in the Dáil. The Deputy has the same right. That is not obstructionism; that is me having to weigh up what I believe the right decision for our economy is overall and the fact that we need banks to be in a position to lend more in the future and invest more within our economy. That is not because I am making...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: What I am doing is looking at what is right for our economy overall and for all of the households, all-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: ----- of the families-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: ----- and all of the businesses within it,

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: I had to consider that in the round.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (15 Jul 2025)

Paschal Donohoe: The Deputy asked me about those affected. I can give him the information that is available to me this evening, which is that the interest rate for 92% of mortgages held by lending non-banks is 5% or lower. The interest rate for 68% of mortgages held by non-lending non-banks is 5% or lower. While only 68% of mortgages are at 5% or lower, this is an improvement from where we were at the end...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Military Aircraft (15 Jul 2025)

Paschal Donohoe: I am advised by Revenue that it is responsible for implementing customs controls on traffic entering the European Union through Irish ports and airports. This includes customs clearance of goods, the collection of customs duty and associated VAT and the detection, interception and seizure of prohibited and restricted products at points of entry into the State. The Union customs code is the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Military Aircraft (15 Jul 2025)

Paschal Donohoe: They are completely different questions. The Deputy asked me whether our customs code is being implemented at Shannon Airport. The unambiguous answer to that question is "Yes". The implementation of that code does not require us to play a checking role on those aircraft.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: National Treasury Management Agency (15 Jul 2025)

Paschal Donohoe: I will make three points on this. First, ISIF no longer holds these bonds. It divested of them. Second, as the Deputy well knows, ISIF independently decides what shares it is going to hold and what investments it is going to make. It does so in a way that is completely independent of me. Third, I thoroughly refute any suggestion of complicity in the appalling violence being inflicted on...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: National Treasury Management Agency (15 Jul 2025)

Paschal Donohoe: -----as the Government already has on many different occasions. I emphasise that these bonds are no longer held by ISIF and were sold.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Collection (15 Jul 2025)

Paschal Donohoe: I thank the Deputy. He is making reference to a G7 statement published on 28 June, adopting a common position on a path forward for the OECD agreement. In that statement, the G7 proposed the side-by-side application of the OECD pillar two system, and the US minimum tax rules, which are now under consideration by the OECD inclusive framework. Since January, the US Administration has set out...