Results 23,921-23,940 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (28 Apr 2021)

Paschal Donohoe: I am advised by Revenue that on their website they provide a Ready Reckoner which shows a wide range of detailed information in relation to potential tax changes. The Ready Reckoner shows projected Exchequer costs and yields of potential tax changes, including on page 6, estimated increases to the Standard Rate Cut Off points for income tax in tabular form. The Revenue Ready Reckoner is...

Written Answers — Department of Finance: Insurance Coverage (28 Apr 2021)

Paschal Donohoe: I propose to take Questions Nos. 273, 277 and 282 together. At the outset, it is important to note that neither I, nor the Central Bank of Ireland, can intervene 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 (the...

Written Answers — Department of Finance: Help-To-Buy Scheme (28 Apr 2021)

Paschal Donohoe: I am advised by Revenue that detailed monthly statistics are published on the Help to Buy (HTB) scheme, available at: www.revenue.ie/en/corporate/information-about-revenue/statis tics/tax-expenditures/htb/htb-monthly.aspx. These statistics include the numbers of applications and claims. They are updated monthly. An extract of the relevant statistics is presented in the table below: ...

Written Answers — Department of Finance: Value Added Tax (28 Apr 2021)

Paschal Donohoe: From 1stJanuary 2021, following the last Finance Bill, menstrual cups have a reduced VAT rate of 13.5% applied to them. As the Deputy may be aware, Ireland is the only country in the EU which applies a zero rate of VAT to period products. This was the rate that applied in 1991 and we have been able to maintain that rate under the provisions of the EU VAT Directive that allow for a zero rate...

Written Answers — Department of Finance: Primary Medical Certificates (28 Apr 2021)

Paschal Donohoe: Following approval of the Finance Act 2020, which provides for the medical criteria for the Disabled Drivers Scheme in primary legislation, a comprehensive review of the scheme, to include a broader review of mobility supports for persons with disabilities and the criteria for qualification for the Scheme, will be conducted this year. On foot of that review new proposals will be brought...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Apr 2021)

Paschal Donohoe: 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. Details of CRSS are set out in Finance Act 2020 and detailed operational guidelines, which are based on the terms and conditions of the scheme as set out in the legislation, have been published on the...

Written Answers — Department of Finance: Credit Unions (28 Apr 2021)

Paschal Donohoe: The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions.  Within his independent regulatory discretion, the Registrar acts to support the prudential soundness of individual credit unions, to maintain sector stability and to protect the savings of credit union members. The Central Bank have informed me that a body of appeal is...

Written Answers — Department of Finance: Credit Unions (28 Apr 2021)

Paschal Donohoe: The Government acknowledges the important work credit unions are doing to support communities throughout Ireland at this difficult time and recognises the key role that credit unions play in local communities across Ireland. The Minister of State in my Department, Sean Fleming TD, has credit unions as part of his remit.  While recent high profile departures from the...

Written Answers — Department of Finance: Insurance Industry (28 Apr 2021)

Paschal Donohoe: As the Deputy will be aware, in line with the EU Solvency II Directive insurance framework, I cannot compel any insurer operating in the Irish market to provide refunds to their customers, as this is a commercial matter. Nevertheless, working to protect insurance policyholders during and after the COVID-19 crisis, with particular emphasis on motor insurance rebates, remains a priority issue...

Written Answers — Department of Finance: Tax Compliance (28 Apr 2021)

Paschal Donohoe: I propose to take Questions Nos. 284, 285, 286 and 287 together. I am advised by Revenue that it supports a strong culture of voluntary compliance through its comprehensive, risk-based approach to compliance management and is committed to tackling non-compliance in all its forms. Revenue uses a broad range of data, intelligence and analytical tools and technologies to identify and quantify...

Written Answers — Department of Finance: Departmental Bodies (28 Apr 2021)

Paschal Donohoe: There are 17 bodies under the aegis of my Department. Of these, the Central Bank, the Financial Services and Pensions Ombudsman, Home Finance Building Ireland, the Irish Financial Services Appeals Tribunal, the National Asset Management Agency, the National Treasury Management Agency, the Office of the Comptroller and Auditor General, the Office of the Revenue Commissioners, the Strategic...

Written Answers — Department of Finance: Departmental Bodies (28 Apr 2021)

Paschal Donohoe: There are 17 bodies under the aegis of my Department, of which the following have advised they are fully or partially compliant with the web accessibility directive: The Central Bank website is partially compliant with accessibility requirements and their accessibility statement will shortly be updated; this will include information on the areas of focus to ensure compliance.  While the...

Written Answers — Department of Finance: Irish Language (28 Apr 2021)

Paschal Donohoe: I propose to take Questions Nos. 290 and 291 together. In line with our obligations under section 11 of the Official Languages Act 2003, my Department currently has a Third Irish Language Scheme 2018-2021 in place. Our Fourth Irish Language Scheme 2021-2024 is currently in the final stages of preparation before being confirmed by the Minister of State at the Department of Tourism, Culture,...

Written Answers — Department of Finance: Mortgage Lending (28 Apr 2021)

Paschal Donohoe: The Central Bank has advised that its website sets out information on the types of entities which require an authorisation to provide credit, including mortgages, to consumers in the State such as credit institutions, credit unions and retail credit firms. It also sets out information on entities which require an authorisation to advise on and intermediate between mortgage credit...

Written Answers — Department of Finance: Budget Process (28 Apr 2021)

Paschal Donohoe: As the Deputy will be aware, the Budget is presented to the Oireachtas, in advance of its submission to the European Commission, before the 15thOctober deadline each year.  In practice, Budget Day has taken place over the past number of years on a day, as agreed upon by Government, during the first half of October and I expect this year to be no different.  The date on which the...

Written Answers — Department of Finance: Programme for Government (28 Apr 2021)

Paschal Donohoe: As stated in the Programme for Government, the Government recognises the importance of regular and open engagement with all sectors of society. This is particularly important as we steer our way out of the pandemic, rebuild our economy, and support communities that have been severely impacted by Covid-19. The Department of the Taoiseach has led in this regard, taking a number of steps...

Written Answers — Department of Finance: Insurance Coverage (28 Apr 2021)

Paschal Donohoe: At the outset, the Deputy should note that as Minister for Finance, I am not responsible for the operation of the Declined Cases Agreement (DCA) and as such do not have direct access to the data that is being requested. The DCA is operated independently by Insurance Ireland. However, my Department does attend the Declined Cases Committee Annual General Meeting (AGM) as an observer. This arose...

Written Answers — Department of Finance: Departmental Contracts (28 Apr 2021)

Paschal Donohoe: Deputy, the following table provides details of procurements undertaken by my Department as a direct consequence of the COVID 19 Pandemic in the period from March 2020 to date.   Name of Contractor Description of Procurement € Contract Value (VAT exclusive) Digital River Ireland Limited Webex Licence software platforms...

Written Answers — Department of Finance: Public Consultation Process (28 Apr 2021)

Paschal Donohoe: I propose to take Questions Nos. 297 and 303 together. The Commission on Taxation and Welfare is being established to independently consider how best the taxation and welfare systems can support economic activity and promote increased employment and prosperity while ensuring that there are sufficient resources available to meet the costs of the public services and supports in the medium and...

Written Answers — Department of Finance: Departmental Schemes (28 Apr 2021)

Paschal Donohoe: The Debt Warehousing Scheme remains available to support businesses that are experiencing tax payment difficulties arising from the COVID-19 pandemic. The scheme applies to VAT debts, PAYE (Employer) debts, self-assessed income tax amounts (balance of 2019 income tax liability and 2020 preliminary tax) and Temporary Wage Subsidy Scheme (TWSS) overpayments. Approximately 85,000 businesses are...