Results 1,761-1,780 of 9,648 for speaker:Jack Chambers

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service. This is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The latest data from the Central Bank of Ireland's Quarterly Financial Accounts show that the net wealth of Irish households increased by €33.2 billion in the quarter to reach a high of €1,113 billion in Q4 2023. These data show that the majority of household wealth is held in the form of households’ main residence, with the main driver of recent increases being positive...

Written Answers — Department of Finance: Pension Provisions (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Universal Social Charge (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Deputy may be aware that corporation tax returns are due to be filed nine months after the end of the accounting period. Returns for accounting years ending in 2023 may therefore be filed up to late September this year, therefore information on tax expenditures in 2023 is not yet available. Information in respect of the year 2022 is available, and is published on the Revenue website....

Written Answers — Department of Finance: Tax Credits (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Central Statistics Office (CSO) is responsible for the compilation of the general government revenue, expenditure, deficit and debt outturn statistics, whereas the Department of Finance is responsible for forecasts. These government finance statistics are compiled in accordance with the European System of Accounts 2010 (ESA2010). The CSO provides a breakdown of general government...

Written Answers — Department of Finance: Tax Yield (4 Jul 2024)

Jack Chambers: I am advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide a costing for the measures outlined above using information provided on tax returns. However, a tentative estimate based on third party data for the VAT yield for 2023 on new build residential...

Written Answers — Department of Finance: Universal Social Charge (4 Jul 2024)

Jack Chambers: As the Deputy will be aware, the Programme for Government (PfG), “Our Shared Future” contains a number of specific commitments relating to income tax. These include the commitment that, “from Budget 2022 onwards, in the event that incomes are again rising as the economy recovers, credits and bands will be index linked to earnings. This will be done to prevent an increase...

Written Answers — Department of Finance: Economic Policy (4 Jul 2024)

Jack Chambers: Despite facing a number of economic headwinds over recent years, the available evidence suggests the economy is in good shape, at least in aggregate terms. The brightest spot in the Irish economy is undoubtedly in the labour market. At the start of this year, over 2.7 million people were in employment – a record level. Just like most other advanced economies, Ireland has had to...

Written Answers — Department of Finance: Office of the Ombudsman (4 Jul 2024)

Jack Chambers: The Financial Services and Pensions Ombudsman (FSPO) is an independent, impartial, fair and free service that helps resolve complaints against financial service and pension providers from consumers and small businesses. It plays a vital role in the robust financial consumer protection framework in place in Ireland to support consumers of financial services. In 2023, the FSPO received a...

Written Answers — Department of Finance: Programme for Government (4 Jul 2024)

Jack Chambers: International climate action, including the provision of climate finance, is a key priority for this Government. We have committed publically to increasing the climate finance provided to developing countries to €225 million annually by 2025. A Cross-Departmental Climate Finance Roadmap was published in 2022 setting out pathways as to how this goal may be achieved. Ireland provided...

Written Answers — Department of Finance: Tax Code (4 Jul 2024)

Jack Chambers: I am aware of a report ('A blueprint for a coordinated minimum effective taxation standard for ultra-high-net-worth individuals') recently commissioned by the G20 presidency which advocates for a 2% minimum annual tax on billionaires. I am not aware of any formal contact between the initiators of this proposal and my Department. While I understand the background to calls for a specific wealth...

Written Answers — Department of Finance: Tax Yield (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Yield (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Business Supports (4 Jul 2024)

Jack Chambers: Small and medium-sized enterprises (SMEs) play a significant role in the Irish economy. As such, the Government has in place a broad range of policy measures aimed at supporting SMEs to thrive. Most recently, in May 2024 Government agreed a package of actions intended to reduce costs for SMEs. More details can be found on the Department of Enterprise, Trade and Employment's website here: . ...

Written Answers — Department of Finance: Inflation Rate (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 247 and 254 together. The high inflation rate environment over recent years has been extremely challenging for households who had to endure an erosion of their purchasing power as a result. However enormous progress has been made over the last year or so in reducing inflation with headline HICP inflation of just 1.5 per cent in June. This is the lowest rate...