Results 10,701-10,720 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Consumer Protection (11 Nov 2020)

Paschal Donohoe: I am advised that anyone wishing to engage in the business of moneylending requires a licence from the Central Bank in accordance with the Consumer Credit Act 1995 (the Act) and that the Central Bank assesses applications in line with the criteria set out in the Act. The Act provides that the Central Bank can refuse to grant (or renew) a licence to a moneylender if it is of the opinion that...

Written Answers — Department of Finance: Departmental Expenditure (11 Nov 2020)

Paschal Donohoe: I can advise that my Department, including bodies under its aegis, have made no payments to the company named by the Deputy in 2019 and to date.

Written Answers — Department of Finance: National Asset Management Agency (11 Nov 2020)

Paschal Donohoe: I understand that there have been a number of exchanges of correspondence with the person referred to and my office has responded on three separate occasions since first contact was made on this matter last December. Following the initial correspondence, my officials raised the matter with NAMA who advised that the loans associated with the debtor concerned were sold by NAMA in 2015 and...

Written Answers — Department of Finance: Departmental Properties (11 Nov 2020)

Paschal Donohoe: I wish to inform the Deputy that neither my Department nor any of the bodies under the aegis of my Department rent office space from WeWork Companies LLC or an Irish subsidiary.

Written Answers — Department of Finance: Pension Provisions (11 Nov 2020)

Paschal Donohoe: I am advised by Revenue that there will be no change to the status of the Ireland/United Kingdom Double Taxation Convention (DTC) in relation to pensions after 31 December 2020. The Ireland/UK DTC is a bilateral agreement entered into between Ireland and the United Kingdom and is only subject to change or amendment by way of express negotiation between the two jurisdictions. The DTC will...

Confidence in Tánaiste and Minister for Enterprise, Trade and Employment: Motion (10 Nov 2020)

Paschal Donohoe: I express my full confidence in the Tánaiste, Deputy Varadkar. I have served in government with the Tánaiste since 2014 and knew him for many years before that. The personal and political qualities I have known in him in that time have been apparent again in recent weeks - his openness, honesty and accountability; his genuine commitment to advancing the public interest; and his...

Written Answers — Department of Finance: Climate Change Policy (10 Nov 2020)

Paschal Donohoe: Vehicle taxation policy for 2021 has been set out in the Tax Strategy Group papers (published in July) and in the Budget measures announced last month.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (10 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 294, 295, 298, 304, 308, 315, 316, 318, 326, 328 and 334 together. The details of the Covid Restrictions Support Scheme (CRSS) are set out in the Finance Bill 2020 and guidelines on the operation of the scheme are available on the Revenue website (). The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the...

Written Answers — Department of Finance: Primary Medical Certificates (10 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 296, 313 and 321 together. The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The cost of the scheme in 2019, excluding motor tax, was €72m. The Scheme is open to severely and permanently disabled persons...

Written Answers — Department of Finance: Tax Code (10 Nov 2020)

Paschal Donohoe: In line with the 2020 Programme for Government policy approach, the Budget 2021 carbon tax increase is informed by research conducted by the Economic and Social Research Institute of Ireland (ESRI). The ESRI research paper, “Carbon Taxes, Poverty and Compensation Options” found that the carbon tax could be increased in a progressive manner, with impacts on lower-income...

Written Answers — Department of Finance: Nursing Homes Support Scheme (10 Nov 2020)

Paschal Donohoe: Revenue acts as the collection agent for the Health Service Executive (HSE) in respect of outstanding liabilities arising from the Ancillary State Support Scheme (Fair Deal). The repayment date for monies loaned under the scheme is laid down in the Nursing Homes Support Scheme (Collection and Recovery of Repayable Amounts) Regulations 2009-Statutory Instrument No. 436 of 2009. The...

Written Answers — Department of Finance: Departmental Staff (10 Nov 2020)

Paschal Donohoe: I wish to advise the Deputy that staffing numbers are constantly changing throughout the year so the staff numbers provided in the attached table are at year end, except for 2020. Staff members in my Department avail of the many family friendly opportunities which include worksharing, parental leave and shorter working year scheme. Currently there are 30 staff members worksharing, from PO...

Written Answers — Department of Finance: Tracker Mortgages (10 Nov 2020)

Paschal Donohoe: I have consulted the Central Bank and it has advised that it cannot comment on individual lenders due to restrictions under supervisory confidentiality requirements. Nevertheless, it did indicate that the Central Bank Tracker Mortgage Examination (TME) required all lenders, which offered tracker interest rate mortgages to their customers, to review all mortgage accounts, including accounts...

Written Answers — Department of Finance: Central Bank of Ireland (10 Nov 2020)

Paschal Donohoe: The total number of staff employed by the Central Bank of Ireland is 2,127 as at end October 2020. The table below provides a breakdown of Central Bank staff by Pillar and Directorate. Active full-time equivalent (FTE) is also included for consistency with prior responses to similar Parliamentary Questions. Active FTE excludes staff on Maternity Leave, Secondment, Interns, and staff on...

Written Answers — Department of Finance: Value Added Tax (10 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 303, 317, 324 and 329 together. The Retail Export Scheme enables visitors that are resident outside the EU benefit from VAT relief on goods purchased in Ireland and subsequently taken outside of the EU. Under existing rules, when the UK becomes a third country, visitors from Britain will be able to avail of the scheme. No minimum threshold currently applies...

Written Answers — Department of Finance: Mortgage Data (10 Nov 2020)

Paschal Donohoe: I have been informed by the Central Bank of Ireland that it while it produces mortgage arrears statistics on a quarterly basis, this information is not collated on a county by county basis. The latest quarterly statistics, which were for the second quarter of 2020, were published on 28 September 2020 and are available at . However, the Deputy may wish to note that the Central Bank of...

Written Answers — Department of Finance: Wage Subsidy Scheme (10 Nov 2020)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) commenced on 1 September 2020 and is to continue until 31 March 2021. The scheme replaced the Temporary Wage Subsidy Scheme (TWSS) which ceased on 31 August 2020. The EWSS, which operates on a self-assessment basis, differs from the TWSS in that it provides a flat-rate subsidy to qualifying employers based on the number of qualifying employees on...

Written Answers — Department of Finance: Revenue Commissioners (10 Nov 2020)

Paschal Donohoe: By way of background, a review of the Employment Investment Incentive (‘EII’) scheme and Start-Up Relief for Entrepreneurs (‘SURE’) was carried out and changes to the administration of the scheme were implemented in Finance Act 2018. SURE, was previously known as the Seed Capital Scheme (‘SCS’). From 1 January 2019 qualifying companies can submit...

Written Answers — Department of Finance: Primary Medical Certificates (10 Nov 2020)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The cost of the scheme in 2019, excluding motor tax, was €72m. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain...

Written Answers — Department of Finance: Wage Subsidy Scheme (10 Nov 2020)

Paschal Donohoe: I have met with the CEOs of the banks on a number of occasions since the pandemic arose to discuss the measures banks and other regulated lenders can put in place to assist their borrowers who are economically impacted by COVID-19 and also the need to continue to support overall credit and lending in the economy, including new residential mortgage lending. In regard to the specific issue of...