Results 20,421-20,440 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Advertising Expenditure (11 Dec 2019)

Paschal Donohoe: The information requested by the Deputy in respect of my Department and the bodies under its aegis is set out in the table below. I have been advised that the Office of Public Works will reply to the Deputy directly. Initiative Television Radio Newspaper Online Public Service Reform Programme – Our Public Service 2020...

Written Answers — Department of Public Expenditure and Reform: Departmental Advertising Expenditure (11 Dec 2019)

Paschal Donohoe: The information requested by the Deputy is set out in the table below. Scheme or Programme Overall Cost to Date for Videos Commissioned in 2019 Project Ireland 2040 €14,750 Case studies on innovation and public service development under the auspices of Our Public Service 2020 €23,499 2019 Civil...

Written Answers — Department of Finance: Tax Incentives (12 Dec 2019)

Paschal Donohoe: My Department put in place published guidelines for the evaluation of potential tax expenditures in October 2014 (). Drawing on economic evidence, these make clear that it is important that any policy proposal which involves tax expenditures should only occur in limited circumstances where there are demonstrable market failures and where a tax-based incentive is more efficient than a direct...

Written Answers — Department of Finance: Departmental Budgets (12 Dec 2019)

Paschal Donohoe: Capital expenditure allocations for 2020 to 2022 were published for each Ministerial Vote Group in Budget 2020. The Finance Vote Group allocations are set out below, and these allocations will be verified in the 2020 Revised Estimates Volume. - 2020 €million 2021 €million 2022 €million Finance Group 22 ...

Written Answers — Department of Finance: Banks Recapitalisation (12 Dec 2019)

Paschal Donohoe: Over the course of 2009 and 2010 Anglo Irish Bank and Irish Nationwide Building Society were recapitalised at a cost of €34.7 billion. Of this €5.4 billion was injected into INBS and €29.3 billion into Anglo Irish Bank by way of equity and promissory notes. These entities were merged in July 2011 to become the Irish Bank Resolution Corporation (IBRC) which was...

Written Answers — Department of Finance: Credit Union Data (12 Dec 2019)

Paschal Donohoe: To answer the Deputy's question there has been no investment by the State in credit unions during the financial crisis. However, my Department put in place a number of financial measures, supported by Exchequer funds, to assist the credit union sector since 2011. These measures include: - establishment of the Credit Union Restructuring Board (ReBo) supported by the availability of...

Written Answers — Department of Finance: Revenue Documents (12 Dec 2019)

Paschal Donohoe: Since January 2019, employers and pension providers report pay and statutory deductions to Revenue in real-time on or before each pay date. The introduction of PAYE Modernisation also removed the requirement for employers to complete the various forms that were part of the previous reporting regime, for example forms P30, P35, P45 and P60. As a replacement for the form P60 (certificate of...

Written Answers — Department of Finance: Insurance Costs (12 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 53 to 55, inclusive, together. Let me say at the outset that I am very aware of the issues facing many businesses and organisations in various sectors in relation to the cost and availability of insurance. However, neither Minister of State D’Arcy nor I have had any dedicated meetings with the Minister for Children and Youth Affairs, or childcare...

Written Answers — Department of Finance: Departmental Expenditure (12 Dec 2019)

Paschal Donohoe: The Deputy is correct that under Section 6 of the National Surplus (Reserve Fund for Exceptional Contingencies) Act 2019, in any given year, the Minister for Finance may make a proposal to the Dáil not to transfer the annual €500m contribution into the National Surplus (Exceptional Contingencies) Reserve Fund. Given that a disorderly Brexit was the baseline scenario for Budget...

Written Answers — Department of Finance: Departmental Expenditure (12 Dec 2019)

Paschal Donohoe: In response to the Deputy’s question, information relating to the first three points contained in the Parliamentary Question are presented in tabular form below: Department of Finance 2016 2017 2018 2019 No. of Credit Cards issued to Ministers and Officials working in Department 8 9 7 7 ...

Written Answers — Department of Finance: VAT Rate Application (12 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 58 to 60, inclusive, together. I am advised by Revenue that in general where a concert takes place in Ireland, the artist’s performance fee is subject to Irish VAT at the standard rate, currently 23%. Where an international performer is engaged by a promoter, it is the responsibility of the promoter to account for VAT due on the performance fees. As...

Written Answers — Department of Finance: Help-To-Buy Scheme Expenditure (12 Dec 2019)

Paschal Donohoe: Revenue advise me that they publish a monthly update on the cost of the Help to Buy scheme (HTB) for the current year as the data becomes available. The cost of the scheme in 2019 to end November is €93.9 million. This figure will be updated for the entire year in due course and will be available at the following link: It should be borne in mind that HTB is a demand led scheme which...

Written Answers — Department of Finance: Living City Initiative (12 Dec 2019)

Paschal Donohoe: The Living City Initiative (LCI) (provided for in Finance Act 2013 and commenced on 5 May 2015) is a tax incentive aimed at the regeneration of the historic inner cities of Dublin, Cork, Galway, Kilkenny, Limerick and Waterford. The scheme provides income or corporation tax relief for qualifying expenditure incurred in refurbishing/converting qualifying buildings which are located within...

Written Answers — Department of Finance: Exchequer Revenue (12 Dec 2019)

Paschal Donohoe: The official outturn for 2018 is compiled by the Central Statistics Office (CSO). This is included in Table 1 of the Economic and Fiscal Outlook published as part of Budget 2020. This table also includes the Department of Finance’s projections of the main economic and fiscal variables, including the general government balance. The following extract sets out the information the Deputy...

Written Answers — Department of Finance: Tax Code (12 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 64 to 69, inclusive, together. I am advised by Revenue that the estimated full year cost of reducing the current Capital Acquisitions Tax (CAT) rate of 33% to 20% on specified amounts over the current Group A threshold amount of €335,000 is shown in the following table. Specified Amount €50,000 €100,000 ...

Written Answers — Department of Finance: Tax Code (12 Dec 2019)

Paschal Donohoe: As the Deputy may be aware, the rate of DIRT will be 33 per cent as respects the year of assessment 2020 having been reduced by 2 per cent per annum from 41 per cent in Budget 2017 and Finance Bill 2016. As is the case with all taxes, any possible future changes to the rate of DIRT are considered in the context of the Budget and Finance Bill processes.

Written Answers — Department of Finance: Tax Reliefs Abolition (12 Dec 2019)

Paschal Donohoe: 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 individual pays qualifying fees for an approved course, whether on his or...

Written Answers — Department of Finance: Property Tax (12 Dec 2019)

Paschal Donohoe: This matter was previously addressed in reply to Question No. 41543 on 10 October 2019. I am advised by Revenue that following the Deputy’s previous Question, Revenue issued a letter directly to the individual concerned outlining what was required to resolve the matter. The individual in question has not replied to the letter, has not filed a statutory LPT return and has not...

Written Answers — Department of Public Expenditure and Reform: National Development Plan Funding (12 Dec 2019)

Paschal Donohoe: I propose to take Questions Nos. 74 to 76, inclusive, together. An extract from Table 3.1, published in the National Development Plan (NDP) in 2018, is set out below for the Deputy’s information. The table sets out the Exchequer investment of €91 billion over the period of the NDP out to 2027. The Exchequer resource allocations are based on projected nominal growth rates in...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (12 Dec 2019)

Paschal Donohoe: The number of credit cards in operation in my Department, the amounts paid by credit card for goods and services and the bank interest charged is set out in the table below. I would highlight for the Deputy that in 2019, for example, 94% of the expenditure by credit card was by the Office of the Government Chief Information Officer (OGCIO) paying for ICT services online. The OGCIO delivers...