Results 23,221-23,240 of 33,118 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Banking Sector (18 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 93, 97 and 98 together. As the Deputy is aware, as Minister for Finance I have no role in the day to day operations of any bank operating within the State including banks in which the State has a shareholding. I'm precluded from intervening on behalf of any individual customer in any particular bank. Decisions in relation to commercial matters are the sole...

Written Answers — Department of Finance: Departmental Funding (18 Feb 2021)

Paschal Donohoe: Contact details in respect of the Disabled Drivers and Disabled Passengers Fuel Grant Scheme, which is administered by my Department, are in the table below. None of the bodies under the aegis of my Department manage grant funding. Grant Scheme Contact Details Disabled Drivers and Disabled Passengers Fuel Grant Scheme Indirect Tax Policy...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (18 Feb 2021)

Paschal Donohoe: The Pandemic Unemployment Payment (PUP) is a social welfare payment for workers who have become unemployed due to the COVID-19 pandemic. PUP payments are classified in legislation as income supports and are subject to income tax. The taxation arrangements for the PUP were legislated for in Finance Act 2020 which reflects the standard approach to taxation of social welfare type payments, which...

Written Answers — Department of Finance: Social and Affordable Housing (18 Feb 2021)

Paschal Donohoe: The Affordable Purchase Shared Equity Scheme is a policy initiative which falls under the remit of the Department of Housing, Local Government and Heritage following the allocation of €75m of funding as part of Budget 2021. Officials in my Department have been providing on-going support and assistance to the Department of Housing, Local Government and Heritage and the Housing...

Written Answers — Department of Finance: Insurance Industry (18 Feb 2021)

Paschal Donohoe: The Government’s Action Plan for Insurance Reform contains a range of deliverables, including legislation where required, in a number of Government Department policy areas. Work is already underway in relation to certain areas, including: - increasing market transparency through the National Claims Information Database (NCID), including for employer and public liability insurance;...

Written Answers — Department of Finance: Value Added Tax (18 Feb 2021)

Paschal Donohoe: As the Deputy will be aware, I introduced the VAT Compensation Scheme in Budget 2018 to relieve the VAT burden on charities and to partially compensate them for the VAT paid on expenditure related to independently raised income on or after 1 January 2018. The scheme was not applicable to VAT paid in years prior to 2018. The funding for the scheme is capped at €5 million per year...

Written Answers — Department of Finance: EU Funding (18 Feb 2021)

Paschal Donohoe: The Recovery and Resilience Facility (RRF) is the key element of the Next Generation EU / Recovery Plan Package of €750bn (€360bn in loans and €390bn in grants) agreed by the European Council in July 2020. The instrument accounts for the vast majority of that €750bn package (€672.5bn, made up of €360bn loans and €312.5bn in grants). It is a...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman (24 Feb 2021)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of the office or in the decisions which he takes. I am advised that where a complaint is made to the FSPO concerning a joint account or a joint policy, the FSPO must recognise that all parties to the...

Written Answers — Department of Finance: Help-To-Buy Scheme (24 Feb 2021)

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’. An increase in the supply of new housing is fundamental to resolving the current housing crisis. One of the main aims of the policy underpinning the design of...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 155, 164 and 210 together. The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat the effects of the Covid-19 pandemic. The support is available to companies, self-employed individuals and partnerships who carry on a trade or trading activities, the profits...

Written Answers — Department of Finance: Departmental Offices (24 Feb 2021)

Paschal Donohoe: I wish to advise that my Department does not have any facilities for breastfeeding in its offices.

Written Answers — Department of Finance: Departmental Correspondence (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 157, 161, 170, 185, 187, 192, 194, 195, 200, 205, 215, 219 and 230 together. As the Deputies are aware, as Minister for Finance I have no role in the day to day operations of any bank operating within the State including banks in which the State has a shareholding. I'm precluded from intervening on behalf of any individual customer in any particular bank....

Written Answers — Department of Finance: Tax Credits (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 158 and 184 together. I am advised by Revenue that self-employed taxpayers file their tax returns (Form 11) at a later date than PAYE individuals (Form 12). As the most recent tax year for which tax returns for both self-employed taxpayers and PAYE individuals are available is 2018, it is not yet possible to provide comprehensive data for 2019 or 2020. Revenue...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 159 and 160 together. Revenue has advised me as follows: The continuation of the Pandemic Unemployment Payment (PUP) into 2021 has re-established the practice of operating PAYE in the normal (real-time) manner for such payments. It is also important to note that PUP recipients will only pay tax when they return to work. When a recipient returns to...

Written Answers — Department of Finance: Mortgage Insurance (24 Feb 2021)

Paschal Donohoe: While I have an appreciation of the difficulties individuals may find themselves in as a result of the COVID-19 pandemic, neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products or have the power to direct insurance companies to provide cover to specific individuals or businesses. This position is reinforced by the EU framework for insurance...

Written Answers — Department of Finance: Tax Data (24 Feb 2021)

Paschal Donohoe: I am advised by Revenue that receipts for Mineral Oil Tax (MOT) and carbon tax on liquid fuels for the years up to year 2019 are published on the Revenue website at: The provisional receipts from MOT and carbon tax for 2020 are shown in the table below. Mineral Oil Tax Carbon Tax 2020 €m 2020 €m Petrol ...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 165 and 186 together. The Pandemic Unemployment Payment (PUP) is a social welfare payment for workers who have become unemployed due to the COVID-19 pandemic. PUP payments are classified in legislation as income supports and are subject to income tax. The taxation arrangements for the PUP were legislated for in Finance Act 2020 which reflects the standard...

Written Answers — Department of Finance: Brexit Issues (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 166 to 169, inclusive, together. Following the withdrawal of the UK from the European Union, an import of a vehicle from Great Britain is treated as an import from a third country, i.e. a non-EU country. If a vehicle is imported from Great Britain into Ireland, the importer is required to complete a customs declaration and pay customs duty, if applicable, and...

Written Answers — Department of Finance: Vehicle Registration Tax (24 Feb 2021)

Paschal Donohoe: I am informed by Revenue that some customers experienced difficulties with the VRT calculator between 9 February and 15 February. The calculator returned an error message in some cases but is working satisfactorily since the error was corrected and the service was restored on Monday 15 February. Revenue’s website provides a very broad range of information spanning the entire body...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2021)

Paschal Donohoe: The wage subsidy schemes have been a key component of the Government’s response to the continued Covid-19 crisis to support viable firms and encourage employment in the midst of these very challenging times. The Temporary Wage Subsidy Scheme (TWSS) was introduced on 26 March 2020 and legislated for in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020....