Results 20,341-20,360 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Reliefs Data (5 Dec 2019)

Paschal Donohoe: I am advised by Revenue that the latest information on the cost and number of individuals availing of the Start Up Refunds for Entrepreneurs (SURE) scheme can be found at the following link: . The most recent year for which data are currently available is 2017. The following table sets out the Exchequer cost and number of claimants for each year between 2013 and 2017: Year ...

Written Answers — Department of Finance: Tax Appeals Commission (5 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 85 and 86 together. The Tax Appeals Commission (TAC) has informed me that the number of appeals on hand before the Commission as at 30 November 2019 is 3,330, with a quantum of tax under dispute amounting to €3.6 billion. It is important to note that, of this amount, €2.5 billion is comprised in 10 appeals, five of which were received by the TAC...

Written Answers — Department of Finance: Tax Appeals Commission (5 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 87 and 88 together. Following its establishment in 2016, I am informed that approximately 3,028 appeals transferred to the Tax Appeals Commission (TAC) from both the Office of the Revenue Commissioners and the Office of the Appeal Commissioners in March, 2016. The TAC has further advised me that, as of 30 November, 2019 it currently has approximately 3,330...

Written Answers — Department of Finance: Revenue Commissioners Data (5 Dec 2019)

Paschal Donohoe: I am advised by Revenue that it strongly encourages payment and tax return filing compliance by making it as easy as possible for taxpayers to meet their statutory obligations on a timely basis, thereby avoiding any exposure to interest or penalties. This is achieved by providing simplified procedures to the greatest extent possible, user friendly on-line solutions that are available on a...

Written Answers — Department of Finance: Revenue Commissioners Data (5 Dec 2019)

Paschal Donohoe: I am advised by Revenue that it is not possible to identify cases where the non-payment of VAT and excise was the specific reason for a seizure of goods at ports and airports. Revenue has provided me with details of all excisable goods seized for the years 2014 to 2019 (to the end of November), for non-compliance with customs and excise obligations at ports and airports. These are set out in...

Written Answers — Department of Finance: Tax Reliefs Costs (5 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 91 to 93, inclusive, together. Section 473A of the Taxes Consolidation Act 1997 provides for income tax relief in respect of qualifying tuition fees paid by an individual for a third level education course, subject to the terms and conditions set out in that section. The relief is granted at the standard rate of income tax (currently 20%), where an...

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (5 Dec 2019)

Paschal Donohoe: The protection of borrowers in arrears is a key priority of this Government and the Central Bank of Ireland. The Central Bank's approach to mortgage arrears resolution is focused on ensuring the fair treatment of borrowers through a strong consumer protection framework and ensuring that regulated entities have appropriate arrears resolution strategies and operations in place. The Code of...

Written Answers — Department of Public Expenditure and Reform: Community Employment Schemes Supervisors (5 Dec 2019)

Paschal Donohoe: This issue relates to a claim by community employment supervisors and assistant supervisors who have been seeking, through their union representatives, the allocation of Exchequer funding to implement a 2008 Labour Court recommendation relating to the provision of a pension scheme. The matter was the subject of extensive discussion at the Community Sector High Level Forum which was...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (5 Dec 2019)

Paschal Donohoe: I wish to advise the Deputy that my Department has no agency staff members. In relation to the bodies under the aegis of my Department, the Office of Public Works currently engages the services of 46 agency staff members.

Written Answers — Department of Public Expenditure and Reform: Budget 2020 (5 Dec 2019)

Paschal Donohoe: I wish to advise the Deputy that all Budget 2020 promotional material used by my Department on social media, photography and infographics were produced and managed by the staff of the Department's Press Office, and did not incur any additional costs. Additionally, no Budget 2020 promotional material was produced by the bodies under the aegis of my Department. The position in respect of...

Written Answers — Department of Public Expenditure and Reform: Community Employment Schemes Supervisors (5 Dec 2019)

Paschal Donohoe: This issue relates to a claim by community employment supervisors and assistant supervisors who have been seeking, through their union representatives, the allocation of Exchequer funding to implement a 2008 Labour Court recommendation relating to the provision of a pension scheme. The matter was the subject of extensive discussion at the Community Sector High Level Forum which was...

Written Answers — Department of Public Expenditure and Reform: State Claims Agency Data (5 Dec 2019)

Paschal Donohoe: The amounts paid by each delegated State authority and the amounts received from scheme funds are not matters for the Department of Public Expenditure and Reform. These are matters for the delegated State authorities that make the payments and receive the funds cited by the Deputy. The methodology used to calculate the amounts to be paid by the delegated State authorities may be a matter...

Written Answers — Department of Finance: Tax Reliefs Costs (10 Dec 2019)

Paschal Donohoe: I am advised by Revenue that, based on current trends in the vehicle market, the estimated annual cost of increasing the maximum amount of Vehicle Registration Tax (VRT) relief for an electric vehicle by €100 (from the current maximum of €5,000) is €0.4m.

Written Answers — Department of Finance: Tax Code (10 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 128 and 129 together. Page 10 of the Post-Budget 2020 Revenue Ready Reckoner includes a table that shows the estimated cost of a 1% indexation of credits, rate bands and exemption limits for Income Tax and the Universal Social Charge. As per this document, the total full year cost of a 1% increase in the personal tax credits (including the Home Carer Tax...

Written Answers — Department of Finance: Insurance Industry Regulation (10 Dec 2019)

Paschal Donohoe: The Minister of State’s comments about whole-of-life insurance policies in the Seanad in February 2018 were mainly related to the ability of the Financial Services and Pensions Ombudsman (FSPO) to investigate complaints in relating to long-term financial products within the original 6 year timeframe contained in Financial Services and Pensions Ombudsman Act 2017. Following the...

Written Answers — Department of Finance: Central Bank of Ireland Data (10 Dec 2019)

Paschal Donohoe: The Central Bank has provided the table below detailing the cost to the Central Bank of regulating the credit union sector in each year since 2012 to 2018 and to date in 2019, the amount received from credit unions through the industry funding levy, the number of persons working on credit union regulation in the Central Bank, and the payroll costs in each year. The Central Bank have informed...

Written Answers — Department of Finance: Insurance Costs (10 Dec 2019)

Paschal Donohoe: Let me say at the outset that I am very aware of the affordability and availability of cover issues facing businesses and organisations in the culture and leisure sectors including the organisation mentioned in the details supplied.I have much sympathy for the position such organisations find themselves in, however as the Deputy is aware, there are significant constraints on what the...

Written Answers — Department of Finance: Tax Code (10 Dec 2019)

Paschal Donohoe: As the Deputy will undoubtedly appreciate, there were minimal changes in taxation in this year's Budget due to the need to take into account the possibility of a no-deal Brexit. Any changes to align the rate of financial products subject to LAET with DIRT rates has an Exchequer cost. On a post-Budget basis, the estimated full year cost of reducing Life Assurance Exit Tax (LAET) from 41% to...

Written Answers — Department of Finance: Motor Insurance Costs (10 Dec 2019)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. This position is...

Written Answers — Department of Finance: Corporate Governance (10 Dec 2019)

Paschal Donohoe: The Department of Finance is the lead Department for ten key actions identified in the report, Measures To Enhance Ireland’s Corporate, Economic And Regulatory Framework. The majority of these actions have already been implemented and the others are in progress for implementation. The attached table provides details on the relevant action points. Appendix – Table...