Results 24,381-24,400 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (6 Jul 2021)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. Under the EU VAT Directive it is not permissible to differentiate between the supply of different types of residential property, such as apartments and housing, for the purpose of applying VAT rates. Nor is it possible to change the VAT rate for first-time buyers. While most Member states...

Written Answers — Department of Finance: National Asset Management Agency (6 Jul 2021)

Paschal Donohoe: All NAMA staff are employees of the NTMA as Section 42 of the National Asset Management Agency Act, 2009 provides that the NTMA shall assign staff to NAMA. Other than a small number of staff re-assigned from other functions within the NTMA, NAMA staff are employed on the basis of specified purpose contracts i.e. their employment lasts for as long as NAMA requires their particular function. ...

Written Answers — Department of Finance: Tax Code (6 Jul 2021)

Paschal Donohoe: I propose to take Questions Nos. 165 to 167, inclusive, together. In July 2020, the European Council adopted a €750 billion recovery package for Europe. This package, NextGenerationEU, is Europe’s shared response to the severe health and economic crisis caused by COVID-19. It is an ambitious and common recovery package that will complement and support each country’s...

Written Answers — Department of Finance: Departmental Data (6 Jul 2021)

Paschal Donohoe: I can inform the Deputy that the amount of interest the Department of Finance has been charged for savings or other funds on deposit in Irish banks since negative interest rates were introduced is outlined below in tabular form. Year PMG Supply Account Surplus Public Expenditure Monies Account European Commission Account Total 2014...

Written Answers — Department of Finance: Tax Forms (6 Jul 2021)

Paschal Donohoe: While Revenue encourages taxpayers to avail of its easy to use on-line channels to file tax returns and make associated payments, it continues to facilitate any persons who may have difficulty in using these options, for example due to disability or to limited broadband access, by making hard-copy returns available to them. It is not clear from the Deputy’s question which tax...

Written Answers — Department of Finance: Tax Rebates (6 Jul 2021)

Paschal Donohoe: I am advised by Revenue that it has reviewed the tax position of the person in question and is satisfied that he is not entitled to any additional tax credits in respect for 2014 and 2015 and therefore no additional tax refunds are due in respect of those years. Revenue has also advised me that it previously informed the person in December 2018 that he was not entitled to additional tax...

Written Answers — Department of Finance: Tax Code (6 Jul 2021)

Paschal Donohoe: The Pandemic Unemployment Payment (PUP) is a social welfare payment for workers (employees and self-employed) who are out of work due to the COVID-19 pandemic. The taxation arrangements for the PUP, which were legislated for in Finance Act 2020, reflect the standard approach to taxing social welfare type payments, which means they are liable to income tax but exempt from the Universal Social...

Written Answers — Department of Finance: Universal Social Charge (6 Jul 2021)

Paschal Donohoe: I am advised by Revenue that the estimated cost of exempting the first €19,500 of income from the Universal Social Charge (USC) is €390m and €451m on a first and full year basis. These estimated figures are based on projected 2021 incomes, calculated from actual data for the year 2018, the latest year for which data are currently available. I might take this...

Written Answers — Department of Finance: Credit Unions (6 Jul 2021)

Paschal Donohoe: As the Deputy will appreciate, while I have taken note of the situation as set out in the details supplied by the Deputy, it is not appropriate for me to comment on specific cases. However, I have set out the legislative and regulatory provisions which may be relevant to the issue raised. Board of directors Section 53(10) of the Credit Union Act, 1997 (the 1997 Act) sets out a list of...

Written Answers — Department of Finance: Freedom of Information (6 Jul 2021)

Paschal Donohoe: I wish to advise the Deputy that my Department publishes a list of Non-Personal Freedom of Information requests on its website. This is known as the Freedom of Information Disclosure Log and it is updated on a quarterly basis. I can confirm it is up to date, with Q2 2021 available as the most recent publication. The FOI Disclosure Logs can be accessed from the following link:...

Written Answers — Department of Finance: Freedom of Information (6 Jul 2021)

Paschal Donohoe: I propose to take Questions Nos. 175 and 176 together. I wish to advise the Deputy that my Department does not retain statistics concerning the intervening and interim processes of Freedom of Information requests. However, I can advise the Deputy that my Department supplies annual statistics of completed requests and fees collected to the Office of the Information Commissioner. The Office of...

Written Answers — Department of Finance: Financial Services (6 Jul 2021)

Paschal Donohoe: The Central Statistics Office’s (CSO) Register of Public Sector Bodiesprovides the basis for the preparation of Government Finance Statistics (GFS) and Excessive Deficit Procedure (EDP) reporting for Ireland. It lists all organisations in the State which are considered to be in the general government sector for the purposes of GFS and EDP. It also lists organisations which, while...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (6 Jul 2021)

Paschal Donohoe: There are a number of Covid related business supports under the remit of my Department including the Employment Wage Subsidy Scheme, the Covid Restrictions Support Scheme (CRSS), the Tax Debt Warehousing scheme and the recently announced Business Resumption Support Scheme (BRSS) due to be implemented in September. There is no age criteria associated with these schemes.They are available...

Written Answers — Department of Finance: Pension Provisions (6 Jul 2021)

Paschal Donohoe: The Commission on Taxation and Welfare has been established to independently consider how best the taxation and welfare systems can support economic activity and promote increased employment and prosperity. This is while ensuring that there are sufficient resources available to meet the costs of the public services and supports in the medium and longer term. The terms of reference for...

Written Answers — Department of Finance: Revenue Commissioners (6 Jul 2021)

Paschal Donohoe: I am advised by Revenue that Clerical Officers who transferred to Revenue from the Department of Agriculture in 2007 are not eligible to receive the Annual Personal to Holder (APTH) payment. This is because they were not serving in Revenue on 1 January 2003 (Integration Day), the designated date by reference to which eligibility for payment of the APTH was determined. The background is...

Written Answers — Department of Finance: Tax Code (6 Jul 2021)

Paschal Donohoe: In Finance Act 2019 I legislated for a CO2-based benefit-in-kind (BIK) regime for company cars from 1/1/2023. From that date the amount taxable as BIK remains determined by the car’s original market value (OMV) and the annual business kilometres driven, while new CO2 emissions-based bands will determine whether a standard, discounted, or surcharged rate is taxable. The number of...

Written Answers — Department of Finance: Insurance Coverage (6 Jul 2021)

Paschal Donohoe: I am very much aware of the issues of insurance affordability and availability facing many sectors, such as the one highlighted by the Deputy, which provide such a valuable contribution to the well-being of our society and economy in general. However, neither I, nor the Central Bank of Ireland have any influence over the pricing or provision of insurance products, nor can we compel any...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2021: Committee and Remaining Stages (7 Jul 2021)

Paschal Donohoe: I move amendment No. 1: In page 6, to delete lines 12 to 23 and substitute the following: "(i) in paragraph (a)(i)(I), by the insertion of "or, where the claim relates to a period specified in subsection (8)(b)(ii)(I) or (II) or to any full week falling within the period beginning on 5 July 2021 and ending on 18 July 2021, 20 per cent," after "10 per cent", (ii) in paragraph (a)(i)(II),...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2021: Committee and Remaining Stages (7 Jul 2021)

Paschal Donohoe: I thank Deputies Boyd Barrett, Mattie McGrath and Danny Healy-Rae for the issues they have raised. I will respond to the issues raised by Deputy Boyd Barrett first. On the business restrictions support scheme that is being introduced, a broader group of occupations is included in it, provided that recipients meet certain criteria in relation to their level of trading. That does include...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2021: Committee and Remaining Stages (7 Jul 2021)

Paschal Donohoe: I move amendment No. 5: In page 31, between lines 2 and 3, to insert the following: “Repayment of stamp duty where certain residential units leased 15. (1) The Act of 1999 is amended by the insertion of the following section after section 83D: “83E.(1) In this section— ‘Act of 1992’ means the Housing (Miscellaneous Provisions) Act 1992;...