Results 21,481-21,500 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Covid-19 Pandemic (29 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: Equality Proofing of Budgets (29 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 129 and 130 together. The Government’s belief in the importance of gender and equality proofing remains an integral part of our overall commitments in dealing with the economic fallout from the Covid-19 pandemic. Indeed, the National Economic Plan will reaffirm the approach set out in the Programme for Government, which states that we will build upon...

Written Answers — Department of Finance: Tax Data (29 Jul 2020)

Paschal Donohoe: Revenue has advised me that the number of PAYE taxpayers who received tax refunds in the last five years is set out in the table below. The figures for the most recent four years are subject to change as additional claims are still possible. Tax Year Number of PAYE taxpayers Amount refunded - €m 2015 720,010 464.9 ...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (29 Jul 2020)

Paschal Donohoe: As the public health restrictions are eased, the challenge for the economy and enterprises is evolving. As recently announced in the July Jobs Initiative, the Employment Wage Subsidy Scheme (EWSS) will be in place from 31 July 2020 until 31 March 2021. The TWSS and the EWSS will run in parallel from 31 July until the TWSS ceases at the end of August. From 31 July, any employers who...

Written Answers — Department of Finance: House Prices (30 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 293, 297, 298, 300, 302 to 304, inclusive, 331 and 362 together. The Help to Buy scheme (HTB) is designed to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits...

Written Answers — Department of Finance: Carbon Tax Yield (30 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 294 and 295 together. I am advised by Revenue that the annual receipts raised from Carbon Tax in each year from 2010 to 2019 are published on the Revenue website at the following link: . Revenue has also advised me that forecasts for Carbon Tax receipts in each year from 2020 to 2025 are shown in the following table. Year €m ...

Written Answers — Department of Finance: Mortgage Lending (30 Jul 2020)

Paschal Donohoe: I fully appreciate the difficulties that people on the Temporary Wage Subsidy Scheme are experiencing in relation to mortgage applications and drawdowns. The Central Bank has made it clear to all regulated firms that they must take a consumer-focused approach and to act in their customer's best interests at all times, including during the Covid-19 pandemic, and...

Written Answers — Department of Finance: Help-To-Buy Scheme (30 Jul 2020)

Paschal Donohoe: Section 477C of the Taxes Consolidation Act of 1997 provides for The Help to Buy scheme (HTB).  HTB was initially announced on 19 July 2016 as part of the ‘Rebuilding Ireland: Action Plan for Housing and Homelessness’ and was due to terminate on 31 December 2019. However, in Finance Act 2019, I provided for an extension of the scheme, in its...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (30 Jul 2020)

Paschal Donohoe: It is assumed that the Deputy is referring to the Employment Wage Subsidy Scheme (EWSS) top rate of €203 which will come into effect from 1 September in the case of employers who previously availed of the Temporary Wage Subsidy Scheme (TWSS) which will cease at the end of August. The TWSS was introduced on 26 March to support firm viability and preserve the relationship...

Written Answers — Department of Finance: Aviation Policy (30 Jul 2020)

Paschal Donohoe: In response to the first part of the Deputy's question, as indicated, the proceeds of the sale of the State's shareholding in Aer Lingus have been used to establish the Connectivity Fund which is managed by the Ireland Strategic Investment Fund (ISIF). The Connectivity Fund is being invested on a commercial basis as a sub portfolio of the ISIF fund, and consistent with the overall...

Written Answers — Department of Finance: Aviation Industry (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that the information available at this time from tax returns is the number of people employed by aircraft leasing companies for the years 2016 to 2018. This information is set out in the table below.   Information in respect of 2019 will be available when tax returns for that year are filed later in 2020. Tax returns in respect of 2020 are not due to be filed...

Written Answers — Department of Finance: Aviation Industry (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that it aims to match its compliance intervention in any given case to the compliance behaviour exhibited by the taxpayer and thereby have regard to the nature and scale of risk. The interventions undertaken by Revenue range from the less intrusive Aspect Queries through to Investigations for cases of suspected serious tax and duty evasion. Full details of...

Written Answers — Department of Finance: Tax Data (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that, as there is no legislative requirement for a company to notify the Revenue Commissioners when it ceases to be a section 110 company, it is not possible in the time available to physically determine the total number of such companies in each of the years specified.  However, the following information is available in respect of the number of Section 110...

Written Answers — Department of Finance: Ministerial Communications (30 Jul 2020)

Paschal Donohoe: Deputy Sean Fleming is Minister of State at my Department with responsibility for Financial Services, Credit Unions and Insurance. Following the formation of the Government, and prior to the appointment of Deputy Fleming, Deputy Jack Chambers served as Minister of State with responsibility for Financial Services, Credit Unions and Insurance. I wish to inform the Deputy that neither I,...

Written Answers — Department of Finance: Ministerial Meetings (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that, as a matter of course, my diary is published on my Department’s website and contains details of all of my meetings and engagements. The information is available via the following link: www.gov.ie/en/collection/1cc374-minister-paschal-donohoe-tds -diary Mr Sean Fleming TD is Minister of State at my Department with responsibility for Financial Services,...

Written Answers — Department of Finance: Ministerial Advisers (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that on the commencement of every Dáil, the Department of Public Expenditure and Reform issues guidelines setting out the arrangements for the staffing of Ministerial Offices. The appointment of Special Advisers is subject to section 11 of the Public Service Management Act 1997. The Guidelines for the 33rd Dáil, which incorporate the principles of...

Written Answers — Department of Finance: Ministerial Advisers (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that on the commencement of every Dáil, the Department of Public Expenditure and Reform issues guidelines setting out the arrangements for the staffing of Ministerial Offices. The appointment of Special Advisers is subject to section 11 of the Public Service Management Act 1997. The Guidelines for the 33rd Dáil, which incorporate the principles of...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (30 Jul 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was legislated for in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020. The key eligibility criteria for the scheme are that: - the business is suffering significant negative economic impact due to the pandemic, specifically the employer must demonstrate to Revenue’s satisfaction that, by reason of the Covid-19...

Written Answers — Department of Finance: Tax Reliefs (30 Jul 2020)

Paschal Donohoe: The following table sets out details of the cost of the tax relief for trade union subscriptions in the seven years immediately prior to its end, including 2010 (in which year, the measure cost some €26 million): Year Cost (€ million) No. of  Claims 2004 10.7 248,300 2005 11.8 ...

Written Answers — Department of Finance: Value Added Tax (30 Jul 2020)

Paschal Donohoe: As I have outlined previously, the VAT rate changes implemented by Revenue following the European Commission Decision C (2020)2146, fully implemented the scope for zero rating imports of COVID-19 related goods permitted by the Decision and also implemented a corresponding temporary zero rating of similar, specified domestic supplies.  Any further extension of zero rating to cover...