Results 14,201-14,220 of 32,960 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Credits (10 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 137 to 143, inclusive, together. I am advised by Revenue that detailed statistical information in respect of the Research & Development (R&D) credit is available at for 2012 to 2017 (earlier years are not readily available and estimates of refunds for future years are not prepared). Regarding Questions 30305/19, 30306/19 and 30310/19, the...

Written Answers — Department of Finance: Betting Regulations (10 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 144 and 145 together. Betting Tax is paid on a quarterly basis and in arrears (i.e. the returns received in April 2019 cover the period January to March 2019. The first quarter returns yielded €22 million and it is estimated that €11 million of this amount arose from the increase in the rate to 2%. The second quarterly returns for 2019...

Written Answers — Department of Finance: Knowledge Development Box (10 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 146 and 147 together. I am advised by Revenue that the most recent data on the annual cost and the number of claimants of the Knowledge Development Box (KDB) for the years 2016 and provisional figures for 2017 are published on page 18 of Revenue’s paper on 2018 Corporation Tax payments and 2017 Corporation Tax returns. This information is available...

Written Answers — Department of Finance: Banking Sector Data (10 Jul 2019)

Paschal Donohoe: I am advised by Revenue that section 126AA of the Stamp Duties Consolidation Act 1999 imposes an annual levy on banks for each of the years 2017 to 2021 that is intended to raise a fixed amount of €150 million in each year. This fixed amount is apportioned between the banks on the basis of the amount of deposit interest retention tax (DIRT) paid by a particular bank in a specified year...

Written Answers — Department of Finance: Banking Sector Data (10 Jul 2019)

Paschal Donohoe: The State's shareholding in Allied Irish Banks and Bank of Ireland are directed investments under the Strategic Investment Fund (ISIF) and it receives dividends from these investments. The state's shareholding in PTSB is held by the exchequer, the bank has not paid a dividend in recent years. The following dividends were received by the ISIF in 2018 and 2019: Irish Banks 2018 2019 AIB...

Written Answers — Department of Finance: State Bodies Data (10 Jul 2019)

Paschal Donohoe: The following table lists the dividends paid to the Exchequer by commercial State-sponsored bodies in 2018. Expected dividends from individual bodies is commercially sensitive information, however, as per the Stability Programme Update 2019, I have budgeted for a total of €249.4 million in dividend receipts in 2019, of which €68.6 million has been received to end-June. Though a...

Written Answers — Department of Finance: VAT Exemptions (10 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 151 and 152 together. The standard rate of VAT applies to food supplements. However, a Revenue concession allowed the zero rate to be applied to certain types of vitamins, minerals and fish oils. Because of difficulties in interpretation, the Revenue Commissioners decided to remove this concession with effect from 1 March 2019 so that all food supplements...

Written Answers — Department of Public Expenditure and Reform: Northern Ireland (10 Jul 2019)

Paschal Donohoe: The Irish Government has consistently maintained its strong commitment both to the full implementation of the current PEACE and INTERREG programmes and to a successor programme post-2020. My officials and I have worked to ensure that this important funding continues after Brexit. I was pleased, therefore, that in May 2018, the European Commission included a proposal for a special new...

Written Answers — Department of Public Expenditure and Reform: Budget Measures (10 Jul 2019)

Paschal Donohoe: The budgetary allocations for 2020 will be decided by Cabinet as part of the annual estimates process and announced in the Budget in October. The prioritisation of measures, within that allocation, for the Education Sector is a matter for the Minister for Education and Skills.

Written Answers — Department of Public Expenditure and Reform: Departmental Shareholdings (10 Jul 2019)

Paschal Donohoe: The following list sets out the entities in which the Minister for Public Expenditure and Reform or the Department of Public Expenditure and Reform holds a share certificate: - Coillte (Irish Forestry Board) - Murphy’s Irish Seafood (formerly Fastnet Mussels Ltd) - Kush Seafarms Ltd - Irish National Stud - Housing Finance Agency - Ervia - National Building Agency (currently...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (10 Jul 2019)

Paschal Donohoe: My Department does not have any contracts for the provision of security services in respect of buildings in which its staff are located. I have set out in the following tables the relevant details in respect of the bodies under the aegis of my Department. National Shared Services Office Security Provider Location of Service Procurement Process Duration of Services contract Manguard...

Written Answers — Department of Public Expenditure and Reform: Budget 2019 (10 Jul 2019)

Paschal Donohoe: Carryover costs for 2020 are set out in Table 7 on page 43 of Expenditure Report 2019. These costs relate to current expenditure measures introduced in Budget 2019 which have further cost implications for 2020. These costs are set out in the table. Carryover Impact of Certain Budget 2019 Current Expenditure Measures Department Impact in 2020 (€m) Employment Affairs and Social...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (10 Jul 2019)

Paschal Donohoe: The amount of €0.4 billion included in the SES in respect of public service pay increases relates to public servants covered by the Public Service Stability Agreement. This amount will be included in the medium term expenditure ceilings published in the Mid-Year Expenditure Report, on an aggregate basis. Specific allocations will be made to individual Vote groups as part of the...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (10 Jul 2019)

Paschal Donohoe: Current estimates of certain demographic pressures in the areas of Health, Social Protection and Education were set out in Expenditure Report 2019 and included in the pre-committed current expenditure baseline for the period to 2021. These costs are set out again on an aggregate level in the recently published Summer Economic Statement. For 2020 and 2021, an allocation of €0.5 billion...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (10 Jul 2019)

Paschal Donohoe: As set out in the Summer Economic Statement (SES) an expenditure reserve of up to €0.2 billion is to be established in 2020 to accommodate funding requirements liable to arise in connection with the National Broadband Plan and National Children’s Hospital. No decision has been made at this time regarding the specific allocation of this reserve as the funding of additional costs...

Written Answers — Department of Public Expenditure and Reform: Fiscal Data (10 Jul 2019)

Paschal Donohoe: The allocation for Live Register spending in 2020, as with all other lines of expenditure, will be considered during the forthcoming discussions on the Estimates process. In this context, my Department will also prepare a Live Register analysis paper to inform these discussions. As usual this paper will be published on Budget day.

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (10 Jul 2019)

Paschal Donohoe: The multi-annual capital investment ceilings by Ministerial Vote Group for the period 2019 to 2022 were published in the Revised Estimates for Public Services 2019 and are set out below. These include provision for the €0.7 billion increase in capital expenditure provided for in the National Development Plan and referenced in the recently published Summer Economic Statement (SES). In...

Written Answers — Department of Finance: Banking Sector Regulation (9 Jul 2019)

Paschal Donohoe: The Central Bank of Ireland has advised me that it has checked the methodologies applied by lenders to calculate fixed rate breakage fees on mortgages subject to the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 and has seen no evidence of material failings in this regard. In addition the Central Bank has stated that it cannot comment specifically on the compliance...

Written Answers — Department of Finance: VAT Rate Application (9 Jul 2019)

Paschal Donohoe: I propose to take Questions Nos. 147 and 148 together. VAT legislation does not apply the zero rate of VAT to food supplements but shortly after the introduction of VAT Revenue applied a concessionary zero rating to certain vitamin, mineral and fish oil products. As the market developed over the years this treatment resulted in the zero rating by Revenue of further similar products,...

Written Answers — Department of Finance: Revenue Commissioners Staff (9 Jul 2019)

Paschal Donohoe: Revenue is an integrated tax and customs administration. I am advised that Revenue has appointed 615 staff from open and interdepartmental competitions since the start of 2019. Of these, almost 400 were assigned to customs roles or to backfill positions from which existing staff were assigned to customs roles in preparation for Brexit, with the balance assigned to other Revenue functions....