Results 15,121-15,140 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Stamp Duty (14 May 2019)

Paschal Donohoe: I am advised by Revenue that the Stamp Duty exemption for transfers of land to young trained farmers is available where certain conditions are satisfied on the date the land is transferred.  One condition is that the young trained farmer must be the holder of a relevant agricultural qualification.  A ‘Level 6 Specific Purpose Certificate in Farm Administration’ (often...

Written Answers — Department of Finance: Corporation Tax Regime (14 May 2019)

Paschal Donohoe: As the Deputy will be aware the Economic and Financial Affairs Council (ECOFIN) is responsible for EU policy in three main areas: economic policy, taxation issues and the regulation of financial services. The May ECOFIN meeting is not due to take place until 17th May.  However, I can confirm that at the most recent ECOFIN meeting which was held in Bucharest on 5th and...

Written Answers — Department of Finance: Sustainable Finance (14 May 2019)

Paschal Donohoe: The final report of the high level group was published in January 2018, with the Vice-President of the European Commission, Valdis Dombrovskis choosing Dublin as the location in which to provide the European Commission’s first response to the report. I was present when Vice-President Dombrovskis shared that response at the European Financial Forum in Dublin Castle on 31 January 2018. ...

Written Answers — Department of Finance: Tracker Mortgage Examination (14 May 2019)

Paschal Donohoe: Since 2013, the Central Bank’s practice is to remit the value of all monetary penalties in full to the Exchequer and, thereby, ultimately to the citizens of the Irish State. The treatment of fines related to the Tracker Mortgage Examination will be remitted to the Exchequer in full in the same way. This practices arises from when, in 2012, the Central Bank consulted on the...

Written Answers — Department of Finance: VAT Exemptions (14 May 2019)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply.  In accordance with Irish VAT legislation, oral medicines (for human consumption), licensed/authorised by the Health Products Regulatory Authority, are liable to VAT at the zero rate. However, non-oral medicines (products such as injections and infusions) are liable to VAT at the standard...

Written Answers — Department of Finance: Vehicle Registration (14 May 2019)

Paschal Donohoe: I am advised by Revenue that special purpose vehicles with EU category M and an SA body code (motor homes) are classified, for Vehicle Registration Tax purposes, as category B vehicles and liable at the concessionary 13.3% rate of VRT. Article 110 of the Treaty on the Functioning of the European Union provides that Member States cannot levy taxes that discriminate against imported goods...

Written Answers — Department of Finance: VAT Rate Application (14 May 2019)

Paschal Donohoe: I wish to inform the Deputy that no correction is required to the record of Dáil Éireann in relation to the VAT treatment of food supplements. 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...

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (14 May 2019)

Paschal Donohoe: I have been advised by the Central Bank of Ireland that the arrears handling provisions of the Central Bank’s Consumer Protection Code 2012 (CPC) apply to loans provided to consumers that are not covered by the Code of Conduct on Mortgage Arrears (CCMA), including Buy To Let mortgages of personal consumers. Credit institutions, retail credit firms and credit servicing firms are all...

Written Answers — Department of Finance: Tax Code (14 May 2019)

Paschal Donohoe: The increase in the betting duty rate from 1 per cent to 2 per cent, and the betting intermediary duty rate from 15% to 25%, came into effect on 1 January 2019. It is too early to draw any definite conclusions on the impact of these increases. Betting receipts in the year to date suggests that industry wide turnover has remained broadly stable. Receipts from betting duty represented...

Written Answers — Department of Finance: Nursing Home Fees (14 May 2019)

Paschal Donohoe: Revenue’s role in the Nursing Home Support Scheme is confined to that of collection agent for the Health Service Executive (HSE) in respect of loan funding that falls due for repayment. The repayment date for monies loaned is set out in the Nursing Homes Support Scheme (Collection and Recovery of Repayable Amounts) Regulations 2009 (Statutory Instrument No. 436 of 2009), which...

Written Answers — Department of Finance: Tax Credits (14 May 2019)

Paschal Donohoe: The Government acknowledges the continuing cost pressures on parents, particularly those with young children. In recognition of these cost pressures, a number of support measures are already in place to ease the burden on working parents. These include various tax-exempted child-care related supports provided by the Minister for Children and Youth Affairs and measures such as the Working...

Written Answers — Department of Finance: Tax Reliefs Costs (14 May 2019)

Paschal Donohoe: I am advised by Revenue that the full year cost of increasing the Earned Income Credit from €1,350 to €1,500, for taxpayer units in receipt of gross income of up to €60,000, is estimated at €19 million in a full year. This estimate assumes that all affected taxpayers have the capacity to fully benefit from the increase in the credit. Therefore, €19 million...

Written Answers — Department of Finance: Departmental Advertising Expenditure (14 May 2019)

Paschal Donohoe: I can confirm that my Department has incurred the below costs in respect to advertising in all forms to date in 2019. Business Unit Supplier Details Amount Central Bank Policy Unit/Banking & Financial Stability Division Merc Partners Print newspaper advertisement highlighting the job vacancy for role of Governor of the Central Bank of Ireland €10,000 +VAT (€12,300)

Written Answers — Department of Public Expenditure and Reform: Public Service Pay Commission Reports (14 May 2019)

Paschal Donohoe: As set out in my reply to PQ 18042 of 18/04/2019 I understand that written submissions have been received from both the Employer and relevant staff associations and more recently, on 5th March last, oral presentations were also made to the Commission by both parties. Following this, the Commission has indicated that it expects to complete its examination of recruitment and retention matters...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Redeployment (14 May 2019)

Paschal Donohoe: As the Deputy is aware, the Civil Service Mobility scheme which comes under the remit of my department, and is administered through HR Shared Services, National Shared Services Office, offers an opportunity for staff members to apply for mobility through an open and transparent system. The scheme will support the needs of the business, increase career development opportunities and facilitate...

Written Answers — Department of Public Expenditure and Reform: Government Expenditure (14 May 2019)

Paschal Donohoe: The Government Expenditure Ceiling for 2018 was first published by the Department of Public Expenditure and Reform in Expenditure Report 2016. The Budget 2017 and Budget 2018 adjustments to the 2018 ceiling reflect decisions to prioritise additional spending measures supported by discretionary revenue measures as well as increasing public investment in infrastructure. In addition, the Revised...

Written Answers — Department of Public Expenditure and Reform: Departmental Advertising Expenditure (14 May 2019)

Paschal Donohoe: The information requested by the Deputy regarding advertising costs for my Department is set out in the table below. Department of Public Expenditure and Reform Costs Advertising ICT specialist posts €5,323.00 Office of Government Procurement Stand at Transforming Public Services event €1,230.00 Strategy document design and booklet printing €3,542.00 Standard...

Written Answers — Department of Public Expenditure and Reform: Home Loan Scheme (14 May 2019)

Paschal Donohoe: The Rebuilding Ireland Home Loan launched on 1 February 2018. Prior to its launch, an initial tranche of €200 million of long-term fixed-rate finance was borrowed by the Housing Finance Agency to provide funds for the scheme to local authorities. When the Rebuilding Ireland Home Loan was initially being developed it was estimated that the drawdown of loans under the scheme would...

Written Answers — Department of Public Expenditure and Reform: National Broadband Plan Expenditure (14 May 2019)

Paschal Donohoe: I propose to take Questions Nos. 128, 131, 136 and 138 together. The Government has approved the appointment of the Preferred Bidder for the National Broadband Plan, to deliver high speed broadband to all premises in Ireland, irrespective of location, through a combination of commercial investment and State intervention. The Department of Communications, Climate Action and...

Written Answers — Department of Public Expenditure and Reform: National Broadband Plan (14 May 2019)

Paschal Donohoe: I propose to take Questions Nos. 129 and 130 together. As the Deputy is aware, Government records are confidential to Government. The Deputy will appreciate that in order to respect the rules in relation to Cabinet confidentiality, I am circumscribed in terms of outlining the content of the Government’s detailed discussions on the National Broadband Plan and what, specifically, was...