Results 21,401-21,420 of 33,049 for speaker:Paschal Donohoe

Decision of the General Court of the European Union in the Apple Case: Statements (24 Jul 2020)

Paschal Donohoe: I congratulate the Leas-Cheann Comhairle on her election. I welcome the opportunity to comment on the recent judgment of the General Court of the European Union. It was always important that the State challenged this decision and did not accept the Commission's reasoning, as some in this House and elsewhere wanted. The decision of the previous Government to appeal the Commission decision...

Written Answers — Department of Finance: Travel Insurance (28 Jul 2020)

Paschal Donohoe: To date, my Department has not been made aware of instances of insurance companies refusing to issue travel insurance to persons that need to travel abroad for essential work purposes. The Deputy will appreciate, however, that I cannot comment on individual cases, and that the decision of an insurer not to provide insurance is a commercial decision based on the level of risk that the insurer...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jul 2020)

Paschal Donohoe: The Stay and Spend Incentive is intended to be a tax-based scheme in the State that will provide support during the off-season to the Accommodation and Food sector, a particularly vulnerable sector that will continue to be constrained by public health limitations. In order to qualify for participation in the scheme as proposed in the Financial Provisions (Covid-19) (No. 2) Bill 2020: 1....

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jul 2020)

Paschal Donohoe: Section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the Temporary Wage Subsidy Scheme (TWSS).  The TWSS necessarily builds on data returned to Revenue through its real-time PAYE system. The core principles of the scheme are that: - the business is suffering significant negative economic impact due to the pandemic, - the employees in...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, on 21stJuly 2020, Heads of State and Government reached agreement on the Post-2020 MFF and Next Generation EU, totalling €1.82 trillion. Difficult discussions took place over four days but the Government welcomes this agreement. It is a fair and balanced outcomeand demonstrates that Europe can work collectively to deal with this once-in-a-generation crisis....

Written Answers — Department of Finance: Corporation Tax (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, the State recovered the alleged State aid from Apple in full by September 2018. The total amount recovered was circa €14.3 billion (which is the principal and relevant EU interest). These sums are held in an Escrow Fund with the proceeds to be released only when there has been a final determination of the case by the European Courts. All income,...

Written Answers — Department of Finance: Tax Code (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, consideration of possible changes to CAT rates and thresholds generally takes place as part of the annual Tax Strategy Group, Budget and Finance Bill process. Together, these processes consider options for changes across the wider tax system.  As is normal, the Deputy will appreciate that I cannot comment on any possible changes in...

Written Answers — Department of Finance: Credit Unions (28 Jul 2020)

Paschal Donohoe: The Government recognises the key role that credit unions play in the delivery of financial services in local communities across Ireland, the need for which is heightened at this time. Credit unions account for approximately one third of the consumer credit market and are well positioned to provide credit to support the recovery.   The economic...

Written Answers — Department of Finance: Value Added Tax (28 Jul 2020)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Under domestic legislation, professional medical care services recognised as such by the Department of Health and Children are exempt from VAT. Professional medical care services recognised by the Department of Health and Children are generally those medical care services...

Written Answers — Department of Finance: Sustainable Development Goals (28 Jul 2020)

Paschal Donohoe: As the Deputy may be aware, in September 2015, 193 UN Member Countries including Ireland adopted the Sustainable Development Goals (SDGs) which consist of 169 targets around the 17 high level goals. The SDGs are a global blueprint for collective progress to a more prosperous and sustainable world by 2030. The SDGs are applicable to all countries, developed and developing, and action is...

Written Answers — Department of Finance: Help-To-Buy Scheme (28 Jul 2020)

Paschal Donohoe: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with a deposit they need to buy or build a new house or apartment.  The incentive gives a refund on Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation. Section 477C Taxes Consolidation Act 1997 outlines the...

Written Answers — Department of Finance: Living City Initiative (28 Jul 2020)

Paschal Donohoe: In order to qualify for tax relief under the Living City Initiative, a property must be located wholly within a “special regeneration area”. This condition is provided for by s. 372AAB (1) of the Taxes Consolidation Act 1997 which provides as follows: "qualifying premises' means a relevant house - (a)  the site of which is wholly within a special...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, on 21stJuly 2020, Heads of State and Government reached agreement on the Post-2020 MFF and recovery plan “Next Generation EU”, totalling €1.82 trillion. Difficult discussions took place over four days. The Government has welcomed this agreement. It is a fair and balanced outcomeand demonstrates that Europe can work collectively to deal with...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, Ireland became a net contributor to the EU Budget in 2014, and since then, this position has grown further. However, at this point in time information on Ireland’s actual net contribution to the EU Budget in 2019 and 2020 is not available. Ireland’s gross contribution to the EU Budget in 2019 was €2.4 billion. Ireland’s gross...

Written Answers — Department of Finance: EU Budgets (28 Jul 2020)

Paschal Donohoe: As the Deputy may be aware, on 25 March 2020, in response to the Covid-19 crisis, Ireland and eight other countries (Belgium, France, Greece, Italy, Luxembourg, Portugal, Slovenia, and Spain) signed a public letter to the President of the European Council (PEC) Charles Michel, calling for “a common debt instrument issued by a European institution to raise funds on the market on the...

Written Answers — Department of Finance: Mortgage Lending (28 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...

Written Answers — Department of Finance: Insurance Industry (28 Jul 2020)

Paschal Donohoe: Let me say at the outset that I am very much aware of the problems faced by many businesses in the leisure industry, in relation to the availability and affordability of public liability insurance.  However, neither I, nor the Central Bank of Ireland, can direct the pricing of insurance products, and neither can we compel any insurer operating in the Irish market to provide cover to...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, Ireland became a net contributor to the EU Budget in 2014, and since then, this position has grown further. However, at this point my Department does not have information regarding Ireland’s actual net contribution to the Post-2020 Multiannual Financial Framework (MFF) in each year until 2024. Irish contributions to the EU budget are expected to rise...

Written Answers — Department of Finance: Value Added Tax (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that in order for home care services to qualify for exemption, the provider must act as principal and must be recognised by the HSE as a home care provider. The home care provider is required to give notice in writing to the HSE of their own details as well as details of the persons to whom they provide home care services and the nature of such services so...

Written Answers — Department of Finance: Customs and Excise (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that it is aware of the emerging trend in the misuse of nitrous oxide. Revenue is closely monitoring importations of the product into the State. Nitrous oxide containers are not prohibited goods as they have a number of legitimate uses, for example in the food industry. However, where Revenue has reasonable grounds for believing that the goods being imported will...