Results 20,141-20,160 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Credit Unions (19 Nov 2019)

Paschal Donohoe: Section 43 of the Credit Union Act, 1997 outlines the legislative requirements in relation to credit union investments. It states that a credit union shall manage its investments to ensure that those investments do not (taking account of the nature, scale, complexity and risk profile of the credit union) involve undue risk to members' savings and, for that purpose, before making an investment...

Written Answers — Department of Finance: Credit Union Regulation (19 Nov 2019)

Paschal Donohoe: As the Deputy is aware, my role as Minister for Finance is to ensure the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Central Bank has statutory responsibility for the registration, regulation and supervision of credit unions in Ireland. Under Section 84 of the Credit Union Act, 1997 the functions of the Central Bank are to...

Written Answers — Department of Finance: NAMA Investigations (19 Nov 2019)

Paschal Donohoe: I am informed by NAMA that it is currently aware of one open investigation into an alleged breach of Section 172(3) of the NAMA Act 2009. I am advised that, so far as NAMA is aware, An Garda Síochána’s investigation into this alleged breach is continuing. Criminal investigations, such as this, are a matter for An Garda Síochána and the DPP and I am advised...

Written Answers — Department of Finance: Credit Unions (19 Nov 2019)

Paschal Donohoe: Firstly, it would not be appropriate for me make comment on a specific case. It is also important to note that the Probate Office of the High Court deals with matters relating to probate and as such is the responsibility of the Minister for Justice and Equality. However, the Deputy may wish to note that under section 21 of the Credit Union Act 1997 (1997 Act) as amended, a credit union...

Written Answers — Department of Finance: Brexit Staff (19 Nov 2019)

Paschal Donohoe: I propose to take Questions Nos. 127 and 128 together. Revenue has provided in Table 1 the grades of staff who were assigned in preparation for Brexit in 2017, 2018 and 2019 up to 9 July; and the counties to which they were assigned. Table 1: Additional staff assigned in preparation for Brexit in 2017, 2018 to 9 July 2019 2017 ...

Written Answers — Department of Finance: Revenue Commissioners Staff (19 Nov 2019)

Paschal Donohoe: Revenue has provided me with following table setting out details of serving staff numbers in County Donegal by grade, together with annual losses and gains in the period specified. 2017Loss/Gain PO AP HEO/AO EO CO Service Officer Total 01 Jan 2017 2 8 21 38 36 1 ...

Written Answers — Department of Finance: Insurance Industry (19 Nov 2019)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation in Ireland. I have no role in day to day supervision of the insurance industry, as this is the responsibility of the Central Bank of Ireland (CBI). In that regard, the CBI is responsible for the authorisation and supervision of these...

Written Answers — Department of Public Expenditure and Reform: National Development Plan Data (19 Nov 2019)

Paschal Donohoe: I understand the Deputy is referring to the National Development Plan (NDP), which was launched alongside the National Planning Framework (NPF) as part of Project Ireland 2040 in February 2018. The current national development plan is the fifth since 1989. The first three were framed in response to EU requirements for Structural Funds assistance. The fourth National Development Plan,...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (19 Nov 2019)

Paschal Donohoe: Projecting detailed costs of transitioning to a four day week without loss of pay in the public sector would depend on a number of factors including: - The amount of reduced working hours - The distribution of the reduced hours - How frontline services were treated - The impact on overtime expenditure, premia payments and allowances - The impact on agency expenditure - The potential...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (19 Nov 2019)

Paschal Donohoe: As Minister for Public Expenditure and Reform, I have responsibility for the non-pay terms and conditions for the Civil Service. Other Ministers are responsible for the non-pay terms and conditions in the wider public service. The campaign for a 4 day week relates to a significant change to working time in Ireland for the entire workforce - Civil Service, wider public sector and private...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Redeployment (19 Nov 2019)

Paschal Donohoe: As the Deputy will be aware, the Civil Service Mobility scheme, which comes under the remit of my Department, is administered through HR Shared Services, National Shared Service Office (NSSO). There is an agreed sequencing arrangement in place for the scheme which is applied on a nationwide basis. This means that organisations can use different methods for filling vacancies in various...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: I thank Deputies for their contributions. I acknowledge that in much of the engagement leading up to the budget, Deputy Cowen had raised this issue consistently on behalf of his constituents and that, on Committee Stage, Deputy Denis Naughten also raised it on many occasions. I have also heard Deputy Lowry's remarks about his constituents who have been affected. I had a very small taste...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: I thank the Deputies for their contributions. The very specific references being made to these particular locations do not help with the issue in terms of the clear advice I have that we cannot do this. We cannot make tax support available to locations that are smaller than our country. In particular, I hope Deputy Naughten can appreciate the practical difficulties we would have in making...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: Can I make a comment?

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: It could be of help to the House.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: I move amendment No. 15: In page 62, to delete lines 11 to 15 and substitute the following: "(f) in section 739O(1), by substituting "person, or connected persons within the meaning of section 10," for "person", and". I was about to say that regardless of whether the locations are too broad or too narrow, the principle remains the same. The Deputy has withdrawn the amendment and I...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: I thank all the Deputies for their contributions. It is important to open with some of the facts on this area that touch on some of the points Deputies Martin Kenny and Boyd Barrett made in their contributions. If one looks at the most recent information available, namely the estimates the Revenue Commissioners produced for 2017, it indicates that for those companies that pay corporation...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: Ireland can only tax income that is taxable. We can only tax income declared in Ireland. Deputies Boyd Barrett and Martin Kenny are correct that reliefs are available. They are applied and the income thereafter is what is taxed, but that is a feature of tax codes, whether for an individual, an SME or a major multinational company. Indicating we will change that in the future is the very...

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: He did not say that, though.

Finance Bill 2019: Report Stage (Resumed) (20 Nov 2019)

Paschal Donohoe: I will comment on each of the contributions. Deputy Boyd Barrett knows that I have great respect for the different points he makes and the views he brings to Dáil Éireann but this will be one of my contributions in which the differences between us are more apparent than what we have in common. I continue to be reminded of the near uniqueness of the Irish left. On the one hand, it...