Results 22,161-22,180 of 33,084 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Primary Medical Certificates (11 Nov 2020)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The cost of the scheme in 2019, excluding motor tax, was €72m. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain...

Written Answers — Department of Finance: Banking Sector (11 Nov 2020)

Paschal Donohoe: I am advised that there are a number of regulatory requirements, which regulated entities must adhere to in the provision of payment accounts. Under the Payment Accounts Directive, all Irish banks must make available a basic bank account for people who currently do not have access to a bank account. This Directive was transposed in Ireland by way of the European Union (Payment Accounts)...

Written Answers — Department of Finance: Vehicle Registration Tax (11 Nov 2020)

Paschal Donohoe: I am informed by Revenue that the Finance Act 1992, sections 130 and 132 provide that a vehicle that is over 30 years old at the time of registration is a Category C vehicle that can be registered at the standard rate of €200. The registration document presented with the vehicle indicates that it was manufactured in 1999 and registered in the UK in February 2017. As it does not...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Nov 2020)

Paschal Donohoe: On 18 March last, the Banking and Payments Federation of Ireland (BPFI) announced a coordinated approach by banks and other lenders to help their customers who were economically impacted by the Covid-19 crisis. The measures included flexible loan repayment arrangements where needed, including loan payment breaks initially for a period up to three months and then subsequently extended for up...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 67 and 71 together. The details of the Covid Restrictions Support Scheme (CRSS) are set out in the Finance Bill 2020 and guidelines on the operation of the scheme are available on the Revenue website (). The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat...

Written Answers — Department of Finance: Fossil Fuels (11 Nov 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. To this end, the ISIF has developed a list of 224 fossil fuel companies in which it...

Written Answers — Department of Finance: Consumer Protection (11 Nov 2020)

Paschal Donohoe: The Central Bank has advised me that it continues to give focus to the Consumer Protection Codes in both its supervisory and enforcement work. The Central Bank has clearly articulated its expectation that firms should at all times, act in the best interests of customers, the key tenet of the Consumer Protection Code. It continues to monitor all firms through intrusive and robust...

Written Answers — Department of Finance: Consumer Protection (11 Nov 2020)

Paschal Donohoe: I am advised that anyone wishing to engage in the business of moneylending requires a licence from the Central Bank in accordance with the Consumer Credit Act 1995 (the Act) and that the Central Bank assesses applications in line with the criteria set out in the Act. The Act provides that the Central Bank can refuse to grant (or renew) a licence to a moneylender if it is of the opinion that...

Written Answers — Department of Finance: Departmental Expenditure (11 Nov 2020)

Paschal Donohoe: I can advise that my Department, including bodies under its aegis, have made no payments to the company named by the Deputy in 2019 and to date.

Written Answers — Department of Finance: National Asset Management Agency (11 Nov 2020)

Paschal Donohoe: I understand that there have been a number of exchanges of correspondence with the person referred to and my office has responded on three separate occasions since first contact was made on this matter last December. Following the initial correspondence, my officials raised the matter with NAMA who advised that the loans associated with the debtor concerned were sold by NAMA in 2015 and...

Written Answers — Department of Finance: Departmental Properties (11 Nov 2020)

Paschal Donohoe: I wish to inform the Deputy that neither my Department nor any of the bodies under the aegis of my Department rent office space from WeWork Companies LLC or an Irish subsidiary.

Written Answers — Department of Finance: Pension Provisions (11 Nov 2020)

Paschal Donohoe: I am advised by Revenue that there will be no change to the status of the Ireland/United Kingdom Double Taxation Convention (DTC) in relation to pensions after 31 December 2020. The Ireland/UK DTC is a bilateral agreement entered into between Ireland and the United Kingdom and is only subject to change or amendment by way of express negotiation between the two jurisdictions. The DTC will...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (12 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 161, 165 and 171 together. The details of the Covid Restrictions Support Scheme (CRSS) are set out in the Finance Bill 2020 and guidelines on the operation of the scheme are available on the Revenue website (www.revenue.ie/en/corporate/press-office/budget-information /2021/crss-guidelines.pdf). The CRSS is a targeted support for businesses significantly...

Written Answers — Department of Finance: Property Tax (12 Nov 2020)

Paschal Donohoe: Revenue provides a wide range of phased and single payment options for Local Property Tax (LPT). These include Debit Card, Credit Card, Annual Debit Instruction (ADI), monthly Direct Debit (DD) through a financial institution, Deduction at Source (DaS) from salary, pension, or certain social welfare payments, and approved service providers including, An Post, Omnivend and Payzone. While...

Written Answers — Department of Finance: Departmental Offices (12 Nov 2020)

Paschal Donohoe: I can advise the Deputy that my Department does not engage in the leasing of any office space outside its current buildings and the Estates Section of OPW.

Written Answers — Department of Finance: Nursing Home Accommodation (12 Nov 2020)

Paschal Donohoe: The cost and availability of insurance for many businesses, including private nursing homes, is an issue that I am very much conscious of. Having said that, neither I, nor the Central Bank of Ireland can direct the pricing or provision of insurance products, as this is a commercial matter which individual companies assess on a case-by-case basis. This position is reinforced by the EU Single...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (12 Nov 2020)

Paschal Donohoe: Ireland has a progressive income tax system which is structured such that the more income you have, the more tax you pay. As an individual’s income increases they move up through the various rates and bands and, as a result, while the levels of take home pay increase overall, the amount of tax paid also increases. Total income tax receipts account for around 40% of Ireland’s...

Written Answers — Department of Finance: Covid-19 Pandemic (12 Nov 2020)

Paschal Donohoe: I would like to advise the Deputy that the PPE and hand sanitisation products purchased for use within my Department have not been subject to the product recall issued by the Department of Agriculture, Food and the Marine in 2020. There are also 17 bodies under the aegis of my Department, 16 of which incurred no expenditure in respect of hand sanitiser or other PPE products which were...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (12 Nov 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was administered by Revenue, on behalf of the Government, from 26 March 2020 to 31 August 2020. Over 66,500 employers received subsidy payments totalling €2.9 billion in respect of approximately 664,000 employees through the scheme. Revenue has prepared a detailed statistical report on the TWSS, which is published at . In accordance with...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (12 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 169 and 170 together. The Temporary Wage Subsidy Scheme (TWSS) was administered by Revenue, on behalf of the Government, from 26 March 2020 to 31 August 2020. A key eligibility criterion for the scheme required that where a business was experiencing a significant negative economic disruption due to the Covid-19 pandemic, the employer made a...