Results 21,381-21,400 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Cycling Policy (21 Jul 2020)

Paschal Donohoe: As I outlined in my responses to a number of questions on the cycle to work scheme on 16 June, any extension of the scheme or increase in the allowance, would create an additional cost and that cost must be recovered elsewhere. The scheme continues to be kept under review by my officials and the Programme for Government commitment will be considered as part of the ongoing budgetary and...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (21 Jul 2020)

Paschal Donohoe: The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and...

Written Answers — Department of Finance: Housing Issues (21 Jul 2020)

Paschal Donohoe: As the Deputy will appreciate, I do not have a statutory responsibility for all State agencies; instead my functional responsibility relates to the public affairs connected with my Department and also to matters of administration for which I am responsible, including in respect of Government policy, those particular bodies which fall within the functional remit of my Department. While I...

Written Answers — Department of Finance: Value Added Tax (21 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, a wide range of submissions are received by Government Departments and all submissions received by the Department of Finance are considered by the relevant officials. Submissions related to tax may also be reviewed by officials in the Revenue Commissioners. The VAT Directive (2006/112/EC) was amended by Council Directive 2009/47/EC of 5 May 2009, allowing for...

Written Answers — Department of Finance: Property Tax (21 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 212 to 215, inclusive, together. Revenue publishes regular detailed statistical information in relation to Local Property Tax (LPT). This data is available at . Regarding the Deputy’s specific questions, the ‘end of year report’ headings of the published statistics include, on a local authority basis, the LPT receipts collected, the number...

Written Answers — Department of Finance: Property Tax (21 Jul 2020)

Paschal Donohoe: A review of the Local Property Tax was completed by my Department in conjunction with the Departments of the Taoiseach, Public Expenditure & Reform and Housing, Local Government and Heritage and the Revenue Commissioners and the report was published in April 2019 (available at ). In accordance with its terms of reference, the review focused on the impact of house price movements on...

Written Answers — Department of Finance: Tobacco Smuggling (21 Jul 2020)

Paschal Donohoe: The serious threat that illicit trade in tobacco, alcohol and fuel products poses to legitimate business, to consumers and the Exchequer is clear and I am assured that combatting such criminality continues to be a Revenue priority. Revenue and An Garda Síochána collaborate closely in acting against cross-Border fuel, alcohol and tobacco crime, and also cooperate with their...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (22 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 94, 100 and 101 together. The Temporary Wage Subsidy Scheme (TWSS) was introduced in March and was specifically designed to support firm viability and preserve the relationship between the employer and employee insofar as is possible through the lockdown period, in circumstances where the employer’s business had been negatively impacted by COVID-19....

Written Answers — Department of Finance: Civil Service (22 Jul 2020)

Paschal Donohoe: I am advised by Revenue that the person concerned is employed as a Clerical Officer with Revenue in Dundalk, in full-time capacity, Monday to Friday. The retained firefighter role requires availability on call, six days out of eight and is not therefore compatible with a fulltime post in Revenue.

Written Answers — Department of Finance: Insurance Coverage (22 Jul 2020)

Paschal Donohoe: I am aware that there have been many concerns expressed about how the insurance industry is responding to the needs of its business policyholders including publicans in these difficult times. I have considerable sympathy for such policyholders. However, it is important to emphasise that neither I, nor the Central Bank can direct or require that insurers cover claims, including those...

Written Answers — Department of Finance: Tax Collection (22 Jul 2020)

Paschal Donohoe: The standard rate of Capital Acquisitions Tax is 33%. There are three tax-free thresholds depending on the relationship between the disponer and the beneficiary, with CAT applying on the amount inherited or gifted over the thresholds, as follows: Group Athreshold (€335,000) - Applies where the beneficiary is a child (including certain foster children) or minor child of a deceased child...

Written Answers — Department of Finance: Tax Data (22 Jul 2020)

Paschal Donohoe: I am advised by Revenue that a breakdown of the Excise Duty in respect of alcohol sales from pubs is not available. Excise returns are filed with Revenue on release of the product from tax warehouses or on importation of the product, they do not record where or when the product is consumed. A monthly and quarterly breakdown of Excise Duty for 2019, for each of Beer, Spirits, Wine and Cider,...

Written Answers — Department of Finance: Fiscal Policy (22 Jul 2020)

Paschal Donohoe: My views regarding the establishment of any Fund are based on whether it would create any additional value to the State. As described by the Deputy, I believe that the proposed National Wealth Fund would in essence duplicate the role currently fulfilled on behalf of the State by State Savings products and the Ireland Strategic Investment Fund (ISIF). State Savings products, which are managed...

Written Answers — Department of Finance: Mortgage Schemes (23 Jul 2020)

Paschal Donohoe: I fully appreciate the concerns you raise at this difficult time about people who are experiencing uncertainty about mortgage applications and drawdowns. My Department is maintaining close contact with the Central Bank of Ireland and Banking and Payments Federation Ireland – the BPFI - as the lending industry works to address the difficulties the Covid-19 situation is causing for both...

Written Answers — Department of Finance: Revenue Commissioners (23 Jul 2020)

Paschal Donohoe: I am advised by Revenue that the Revenue On-Line System (ROS) is specifically designed for the collection and administration of various taxes and duties The system is used in the main by business taxpayers, including the self-employed, and in many cases is operated by tax agents on behalf of clients rather than by the actual businesses. Personal taxpayers use an altogether different online...

Written Answers — Department of Finance: Insurance Industry (23 Jul 2020)

Paschal Donohoe: It should be noted at the outset that in my role as Minister for Finance, I have no influence over whether an insurer should provide a partial refund of motor premiums to its customers, as this is very much a commercial decision for each company to make. However, I strongly believe that all sectors must play their role in assisting customers in these difficult times. In view of this, my...

Written Answers — Department of Finance: Bus Operators (23 Jul 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is provided for in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020 and has been extended until the end of August. The underlying legislation and the TWSS itself were developed having regard to the Government objective of providing assistance to employers and employees, where businesses have been seriously affected by...

Written Answers — Department of Finance: Bus Operators (23 Jul 2020)

Paschal Donohoe: Payment breaks have been provided on a voluntary basis by members of the Banking and Payments Federation of Ireland (BPFI). This allowed lenders to quickly to provide substantial and rapid relief to impacted borrowers during a fast moving and evolving public health crisis. While Government has welcomed this important support provided by members of the BPFI for their business and consumer...

Written Answers — Department of Finance: Banking Sector (23 Jul 2020)

Paschal Donohoe: As the Deputy has indicated, this was an administrative error which resulted in an erroneous entry in the Irish Credit Bureau (ICB). Customers learned of this when the bank wrote informing them that the issue had been resolved. I would encourage any customer with concerns to contact the bank directly on the dedicated customer helpline that EBS has set up to assist and advise customers....

Written Answers — Department of Finance: Fossil Fuels (23 Jul 2020)

Paschal Donohoe: The Fossil Fuel Divestment Act 2018 provides for the divestment by the Ireland Strategic Investment Fund (ISIF) from fossil fuel undertakings (effectively, companies that derive more than 20% of their revenues from the exploration, extraction and/or refinement of fossil fuels) within a practicable timeframe. The ISIF has developed a list of 211 fossil fuel companies in which it will not...