Results 15,601-15,620 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Legal Costs (27 Mar 2019)

Paschal Donohoe: There has been insufficient time to compile all the data in the time allowed and in the format requested by the Deputy. I have therefore asked my officials to finalise the compilation of the requested information and I will provide it to her. I understand that the Office of the Attorney General are currently examining the issue of whether details of professional fees paid to individuals can...

Written Answers — Department of Finance: Tax Data (27 Mar 2019)

Paschal Donohoe: I am advised that France have announced plans to enact a unilateral digital services tax (“the French DST”) which will apply to the revenues of certain activities of large digital companies with effect from 1 January 2019. As the Deputy will be aware, a digital services tax was proposed by the European Commission in March 2018 (“the EU DST”), but no agreement...

Written Answers — Department of Finance: Tax Appeals Commission (27 Mar 2019)

Paschal Donohoe: The TAC was established on 21st March 2016 and new procedures for making, processing, adjudicating and determining appeals came into effect on that date. Prior to this date taxpayers appealed directly to Revenue who then transferred cases to the Appeal Commissioners in the event that the parties wished to proceed to hearing. Since that date, taxpayers appeal directly to the TAC which then...

Written Answers — Department of Finance: Brexit Preparations (27 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 107, 108, 115 and 116 together. Revenue has provided me with the following table which provides details of staff assigned to compliance activities in border counties as well as the total staff based in these counties; this includes staff that are assigned to outdoor duties. Revenue is an integrated tax and customs administration and its resources are deployed...

Written Answers — Department of Finance: Brexit Preparations (27 Mar 2019)

Paschal Donohoe: I am informed by Revenue that their preparations do not include any plans for infrastructure at the border. Revenue Chairman, Niall Cody, reiterated this when he addressed the Oireachtas Finance Committee on 24 January 2019. Revenue plans are focused on East West trade. Infrastructure requirements, IT enhancements, recruitment and training on this basis are well-advanced. The Government...

Written Answers — Department of Finance: Tax Yield (27 Mar 2019)

Paschal Donohoe: I am advised by Revenue that the tax yield for Carbon Tax and each carbon fuel type for the years 2010 to 2017 is published on the Revenue website and is available at link: . The provisional yield for each carbon fuel type for 2018 is provided in the table below. 2018 €m Auto diesel 182.8 Petrol 48.1 Aviation Gasoline 0.0 Kerosene 58.6 MGO 54.1 Fuel Oil 1.8 LPG (other)...

Written Answers — Department of Finance: VAT Rate Increases (27 Mar 2019)

Paschal Donohoe: The 9% VAT rate was introduced as a temporary measure in 2011, due to cease at the end of 2013. This period was subsequently extended, but in 2017 a commitment was given to undertake a review of the 9% VAT rate. This review was published in July 2018 and the Budget decision to increase the VAT rate was made following that analysis. The matter referred to by the Deputy in this instance is...

Written Answers — Department of Finance: NAMA Social Housing Expenditure (27 Mar 2019)

Paschal Donohoe: I wish to advise the Deputy that NARPS was established by NAMA as a means of expediting social housing delivery. It purchases suitable houses and apartments directly from NAMA debtors and receivers at market value and leases them to local authorities (LAs) and Approved Housing Bodies (AHBs). This allows social housing bodies with limited capital funding to obtain immediate access to...

Written Answers — Department of Finance: Credit Availability (27 Mar 2019)

Paschal Donohoe: There are a number of regulatory measures which apply to the provision of new residential mortgage credit, including bridging finance for such a purpose, to consumers. These include the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 and the Central Bank Consumer Protection Code (2012). These measures place a number of obligations on lenders in relation to the...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman (27 Mar 2019)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of the office or in the decisions which he takes. However the Financial Services and Pensions Ombudsman's Office has informed me that it aims to acknowledge all written communications within 10 working...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (27 Mar 2019)

Paschal Donohoe: Last week I launched a review of procurement policy for public works projects which will deliver significant changes to the Capital Works Management Framework (CWMF) over the coming years. The review process will involve extensive engagement both with industry stakeholders and with the public bodies charged with the delivery of public works projects on a broad range of issues and will extend...

Written Answers — Department of Public Expenditure and Reform: Pension Levy (27 Mar 2019)

Paschal Donohoe: The Pension-Related Deduction (PRD) was provided for in law under the Financial Emergency Measures in the Public Interest Act 2009, as amended (the “Act”). PRD was operational from 1 March 2009 to 31 December 2018. It was replaced by the Additional Superannuation Contribution (ASC) with effect from 1 January 2019. PRD was a deduction from the salary of Public Servants who -...

Written Answers — Department of Finance: Customs and Excise Staff (26 Mar 2019)

Paschal Donohoe: In September 2018, the Government granted approval in principle for the phased recruitment of an additional 600 Revenue staff to meet the challenges posed by Brexit.  Budget 2019 provided Revenue with the funding needed for 270 of the additional 600 staff to be recruited during 2019 to manage an orderly UK withdrawal. Following a Government decision to give greater priority to the...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman Administration (26 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 176 and 237 together. Under section 15(4) of the Financial Services and Pensions Ombudsman Act 2017 the Ombudsman may appoint staff to his office and determine their duties with the approval of the Minister for Finance and the consent of the Minister for Public Expenditure and Reform. The Financial Services and Pensions Ombudsman (FSPO) commissioned a...

Written Answers — Department of Finance: Employment Data (26 Mar 2019)

Paschal Donohoe: The Department of Finance’s most recent economic forecasts which cover the period 2018-2023 were published in Budget 2019. The table below details the employment growth projections from these forecasts. Overall, employment growth is forecast to be approximately 2.0 per cent on average per annum over the period from 2019 to 2023. Employment is forecast to grow by 2.8 per cent in 2019...

Written Answers — Department of Finance: VAT Rate Application (26 Mar 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 the Directive, defibrillators, other than implantable defibrillators, are liable to VAT at the standard rate, currently 23%. Annex III of the Directive specifies categories of goods and services in respect of which Member States may apply a reduced rate of VAT but as...

Written Answers — Department of Finance: Tracker Mortgage Examination (26 Mar 2019)

Paschal Donohoe: In its capacity as independent regulator of regulated financial service providers and in line with its mandate to ensure that the best interests of consumers are protected, the Central Bank of Ireland launched an industry wide examination of tracker mortgage related issues.  Under this Tracker Examination, lenders were required to conduct a complete review of their...

Written Answers — Department of Finance: Revenue Commissioners (26 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 180 and 181 together. In relation to question 12819, it is unclear what particular needs the Deputy is referring to.  I am advised by Revenue that there are a number of measures in the tax code that are aimed at persons with disabilities or particular needs. A high-level overview of some of the substantive provisions across the various tax heads is set...

Written Answers — Department of Finance: Revenue Commissioners (26 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 182 and 183 together. I am advised that designated bodies are required to submit a Suspicious Transaction Report (STR) to the Revenue Commissioners and An Garda S?ochána where they have a suspicion that a money laundering offence may have been committed. Tax evasion is a predicate offence for money laundering. In cases where the STR relates to other...

Written Answers — Department of Finance: Help-To-Buy Scheme (26 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 184 and 185 together. The Help-to-Buy incentive was introduced in Finance Act 2016 to assist first-time buyers in purchasing or building a new-build property to live in as their home. To qualify for the incentive, a first-time buyer must have signed a contract to purchase a home on or after 19 July 2016 and on or before 31 December 2019. In...