Results 141-160 of 32,527 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Consumer Protection (8 Apr 2025)

Paschal Donohoe: Lifetime mortgages are a particular type of mortgage product which is usually provided to borrowers aged 60 years where:- the interest payments are rolled up on top of the capital throughout the term of the loan;the loan is repaid from the proceeds of the sale of the property (though the borrower will have the right to repay some or all of the accumulated interest and/or the capital before...

Written Answers — Department of Finance: Customs and Excise (8 Apr 2025)

Paschal Donohoe: I am aware that Revenue is committed to targeting the illegal importation of prohibited and restricted goods and implements a range of measures to identify and target illegal smuggling, and where possible, prosecuting those involved. In the case of medicinal products, the Health Products Regulatory Authority is the competent authority in the state for dealing with these matters. If Revenue...

Written Answers — Department of Finance: Departmental Projects (8 Apr 2025)

Paschal Donohoe: I wish to inform the Deputy that the Department of Finance had no capital projects in excess of €500,000 since 1 January 2020, or other capital projects below €500,000 which exceeded the initial estimate or failed to deliver. The bodies under the aegis of my Department with relevant capital projects have provided the requested information in the attached tables. ">BuA Tables

Written Answers — Department of Finance: Tax Exemptions (8 Apr 2025)

Paschal Donohoe: Section 30 of Finance Act 2024 amended the Taxes Consolidation Act (TCA) 1997 and the Capital Acquisitions Tax Consolidation Act (CATCA) 2003 to provide for certain tax exemptions in respect of CervicalCheck payments. These exemptions apply to payments made under the CervicalCheck non-disclosure ex-gratia Scheme, the CervicalCheck Tribunal Act 2019 and CervicalCheck claims which are concluded...

Written Answers — Department of Finance: Customs and Excise (8 Apr 2025)

Paschal Donohoe: I am aware that Revenue is committed to targeting the illegal importation of prohibited and restricted goods and implements a range of measures to identify and target illegal smuggling, and where possible, prosecuting those involved. Revenue’s approach involves the use of advanced analytics and a multiplicity of detection technologies and ensuring the optimum deployment of...

Written Answers — Department of Finance: Airport Security (8 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 347, 375 and 380 together. I am advised that Revenue is committed to targeting the illegal importation and exportation of prohibited and restricted goods and implements a range of measures to identify and target illegal smuggling, including duty free tobacco and alcohol in excess of duty-free allowances, and where possible, prosecuting those...

Written Answers — Department of Finance: Tax Collection (8 Apr 2025)

Paschal Donohoe: I am advised by Revenue that the provisional 2024 receipts for Tobacco Products Tax (TPT), together with the declared volumes released for consumption are shown in the table below. The table also provides an estimate of the retail value of cigarettes released for consumption. I am further advised that as TPT for “Fine Cut” tobacco(for roll your own cigarettes), Cigars, and other...

Written Answers — Department of Finance: Gambling Sector (8 Apr 2025)

Paschal Donohoe: Betting Duty is chargeable on all bets placed by a person with a licensed bookmaker at a bookmaker’s registered premises, irrespective of the means by which a bet is placed. Licensed Remote Betting Intermediaries are liable for Betting Intermediary Duty, on commission charged by them to persons in the State. The rate of duty depends on the type of betting activity and how the bet...

Written Answers — Department of Finance: Flood Risk Management (8 Apr 2025)

Paschal Donohoe: As Minister for Finance, I have policy responsibility for the development of the legal framework governing financial services regulation, including for the insurance sector. In terms of zoning and mapping for the purposes of assessing the level of risk that an insurer is willing to underwrite in relation to individual properties, please be aware that insurers use their own modelling...

Written Answers — Department of Finance: Insurance Coverage (8 Apr 2025)

Paschal Donohoe: As Minister for Finance, I have policy responsibility for the development of the legal framework governing financial services regulation, including for the insurance sector. In terms of the challenges associated with obtaining flood cover, the provision of such cover is a commercial matter for insurance companies, based on an actuarial assessment of the risks they are willing to accept....

Written Answers — Department of Finance: National Economic Dialogue (8 Apr 2025)

Paschal Donohoe: Planning for the National Economic Dialogue is underway for the summer of 2025. This event is an important part of the pre budgetary process as an opportunity to hear a range of views from stakeholders about the priorities that are shaping government policy. The National Economic Dialogue, or NED, takes place over a single day in Dublin Castle and brings together Ministers and...

Written Answers — Department of Finance: Summer Economic Statement (8 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 353 and 354 together. A date for the publication of Budget 2026 has not yet been decided. In line with past practice, Government is likely to confirm the date of Budget Day with the publication of the Summer Economic Statement. As set out in the Programme for Government, the Summer Economic Statement will be published alongside Ireland's new Medium Term...

Written Answers — Department of Finance: Insurance Industry (8 Apr 2025)

Paschal Donohoe: At the outset, it is important to clarify that neither I nor the Central Bank of Ireland can interfere with the provision or pricing of insurance products, as these are commercial decisions made by individual companies, governed by the EU Single Market framework for insurance (the Solvency II Directive). However, I want to assure the Deputy that the Government is committed, in the new...

Written Answers — Department of Finance: Departmental Staff (8 Apr 2025)

Paschal Donohoe: I wish to inform the Deputy that I have fifteen staff in total. This comprises three staff assigned to the Constituency Office and ten staff in the Minister's Private Office (including one Private Secretary). In addition, I have two Special Advisers. The details are set in Table A below. Civil Service salary scales apply to these posts and increment point is in line with the...

Written Answers — Department of Finance: Financial Services (8 Apr 2025)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) provides an independent, fair, impartial, confidential and free service to resolve complaints for consumers of financial services. Complaints are resolved through either informal mediation, leading to a potential settlement agreed between the parties, or formal investigation and adjudication, leading to a legally binding decision. ...

Written Answers — Department of Finance: State Assets (8 Apr 2025)

Paschal Donohoe: The Future Ireland Fund and the Infrastructure, Climate and Nature Fund are currently invested by the NTMA under interim Investment Strategies, both of which are published on the NTMA website (www.ntma.ie). The interim investment strategies reflect a low risk appetite, permitting only highly-rated liquid securities that have a low degree of inherent risk. The funds’ assets are...

Written Answers — Department of Finance: Insurance Industry (8 Apr 2025)

Paschal Donohoe: At the outset, it is important to clarify that the provision of home insurance is a commercial matter for insurance companies, based on an actuarial assessment of the risks they are in a position to accept. Government cannot interfere in the provision or pricing of insurance, or direct as to what cover is provided, as is reinforced by the EU framework for insurance (the Solvency II...

Written Answers — Department of Finance: Tax Collection (8 Apr 2025)

Paschal Donohoe: I am informed by Revenue that traders are not required to separately identify the VAT from specific goods and services on their periodic VAT returns. Therefore, it is not possible to provide the VAT collected on all energy related products and services using taxpayer information alone. However, using Revenue data and third-party data sources, a tentative estimate of VAT collected on...

Written Answers — Department of Finance: Irish Bank Resolution Corporation (8 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 361, 362, 363 and 364 together. As the Deputy will be aware, the IBRC Special Liquidators ("SLs") continue to progress the Special Liquidation ("SL") of IBRC towards substantial conclusion, pending enactment of the Conclusion of the IBRC Special Liquidation and Dissolution of NAMA Bill 2024 (the "Bill") which is at an advanced stage of drafting. On the...

Written Answers — Department of Finance: Tax Exemptions (8 Apr 2025)

Paschal Donohoe: The Small Benefit Exemption offers an exemption from Income Tax, PRSI and USC where an employer provides qualifying incentives, such as a voucher or other non-cash benefit, to an employee, subject to certain conditionality. From 1 January 2023, the number of qualifying incentives increased from one to two per annum and the cumulative annual threshold of those benefits increased from...