Results 24,881-24,900 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (21 Sep 2021)

Paschal Donohoe: I am advised by Revenue that there are 42,580 residential properties with deferred Local Property tax (LPT) liabilities for 2021. The overall deferred amount in respect of these properties is €10.30 million. The estimated interest accruing on these liabilities during 2021 is just over €0.40 million. The interest rate to be applied to deferrals of LPT in the new...

Written Answers — Department of Finance: Departmental Schemes (21 Sep 2021)

Paschal Donohoe: The Accelerated Capital Allowances scheme for equipment and buildings for use in the provision of Childcare Services and Fitness Centres was initially introduced subject to commencement order in Finance Act 2017, and was then amended and commenced with effect from 1 January 2019 in Finance Act 2018. The purpose of this scheme is to encourage employers to develop childcare facilities and...

Written Answers — Department of Finance: Public Transport (21 Sep 2021)

Paschal Donohoe: I propose to take Questions Nos. 170 and 171 together. Section 118(5A) of the Taxes Consolidation Act (TCA 1997) provides an exemption from benefit-in-kind (BIK) where an employer purchases a travel pass for an employee. Under section 118B TCA 1997 an employer and employee may also enter into a salary sacrifice arrangement under which the employee agrees to sacrifice part of his or her...

Written Answers — Department of Finance: Credit Unions (21 Sep 2021)

Paschal Donohoe: Credit unions are regulated and supervised under the Credit Union Act, 1997 (the 1997 Act) and regulations issued by Central Bank, which set out the framework for the registration, regulation and operation of credit unions. Register of Credit Unions The Central Bank publishes a register of credit unions on its website pursuant to the requirements of the 1997 Act (see here: ). In accordance...

Written Answers — Department of Finance: Covid-19 Pandemic (21 Sep 2021)

Paschal Donohoe: Details of the Covid Restrictions Support Scheme (CRSS) are set out in Finance Act 2020. The administration of the scheme is under the care and management of the Revenue Commissioners and the legislation makes provision for Revenue to publish guidelines on matters to be considered by them in determining whether certain eligibility criteria are met. Detailed operational guidelines have been...

Written Answers — Department of Finance: Primary Medical Certificates (21 Sep 2021)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax 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 Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In order to qualify for relief,...

Written Answers — Department of Finance: Housing Policy (21 Sep 2021)

Paschal Donohoe: I note that the IHREC and ESRI Monitoring Adequate Housing in Ireland report indicates that 16 per cent of people with disabilities experienced housing cost arrears (on rental or mortgage payments) in 2018/2019 compared to a figure of 9 per cent for the overall population. In relation to mortgaged borrowers who are experiencing difficulty in meeting their payments on a mortgage which is...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (21 Sep 2021)

Paschal Donohoe: The Covid Restrictions Support Scheme (CRSS) is provided for by Section 11 of the Finance Act 2020 and is available to companies, self-employed individuals and partnerships who carry on a trade or trading activities the profits of which are chargeable to tax under Case 1 of Schedule D. The trade must be carried on from a business premises that is located in a region subject to restrictions...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (21 Sep 2021)

Paschal Donohoe: I propose to take Questions Nos. 177 and 207 together. Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the EWSS which is an economy-wide enterprise support for eligible businesses in respect of eligible employees. The Finance (Covid-19 and Miscellaneous Provisions) Act 2021, signed into law on 19 July, provides for the extension of EWSS to 31...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (21 Sep 2021)

Paschal Donohoe: Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the operation of the Employment Wage Subsidy Scheme (EWSS), which is an economy-wide enterprise support for eligible businesses in respect of eligible employees. It provides a flat-rate subsidy to qualifying employers based on the numbers of paid and eligible employees on the employer’s...

Written Answers — Department of Finance: Tax Code (21 Sep 2021)

Paschal Donohoe: The Vat Consolidation Tax Act 2010 (VATCA) on Schedule 1 Paragraphs (1) (2) and (3), provides for crèche and nursery services exemption for VAT. This exemption also applies to childminding, childcare and child protection/ education services. The exemption applies to childcare provided on a non-profit basis and also to childcare regulated by Parts (VII) or (VIII) of the Child Care Act...

Written Answers — Department of Finance: Fiscal Data (21 Sep 2021)

Paschal Donohoe: As the Deputy will appreciate, my Department is currently in the process of updating the full set of fiscal and economic projections as part of Budget 2022, which will be published on Tuesday, October 12th. Updated medium-term projections for the general government balance will be produced out to 2025, and will take account of all expenditure and revenue developments in the year to date.

Written Answers — Department of Finance: Budget 2022 (21 Sep 2021)

Paschal Donohoe: I can confirm that I received the pre-Budget submission from the organisation concerned. It was acknowledged by my officials and is being considered in the context of Budget and Finance Bill preparations.. However, as the Deputy may be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of...

Written Answers — Department of Finance: Primary Medical Certificates (21 Sep 2021)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax 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 Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In order to qualify for...

Written Answers — Department of Finance: Insurance Industry (21 Sep 2021)

Paschal Donohoe: At the outset it is important to note 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 Market framework for insurance (the Solvency II Directive) which expressly prohibits Member States from doing so....

Written Answers — Department of Finance: Film Industry (21 Sep 2021)

Paschal Donohoe: Section 481 is intended to act as a stimulus to the creation of an indigenous film industry in the State, creating quality employment opportunities and supporting the expression of Irish culture. Finance Act 2018 introduced an additional, time-bound, tapering regional uplift to the section 481 film tax credit for productions being made in areas designated under the State aid regional...

Written Answers — Department of Finance: Banking Sector (21 Sep 2021)

Paschal Donohoe: All credit institutions in Ireland are independent commercial entities and decisions in relation to the provision of bank statements are made by the boards and management of individual banks. I am advised by the Central Bank that Chapter 6 of the Consumer Protection Code 2012 ‘Post-sale Information Requirements’ sets out the requirements that regulated entities must follow...

Written Answers — Department of Finance: Departmental Properties (21 Sep 2021)

Paschal Donohoe: I can advise the Deputy that none of the buildings owned or used by my Department are usually open to the public to access services. Details of those bodies under the aegis of my Department which own or use buildings that are usually open to the public to access services are as follows: The Central Bank of Ireland has offices open to the public at New Wapping Street, North Wall Quay, Dublin...

Written Answers — Department of Finance: Trade Agreements (21 Sep 2021)

Paschal Donohoe: I am advised by Revenue that it has been engaged with industry representatives in relation to this matter and that it has provided guidance and advice as to the process by which the necessary proof of origin requirements in relation to the import of used cars from the UK can be satisfied. Importers of second-hand cars from the UK into Ireland can claim a preferential tariff rate under the...

Written Answers — Department of Finance: European Union (21 Sep 2021)

Paschal Donohoe: I understand that when President von der Leyen referenced VAT it was in the context of improved interoperability for Member States. No actual proposal has been made by the Commission on this matter. In the event that a proposal is made it will be discussed by officials from every Member State. As the Deputy will be aware proposals can be amended before agreement and and any proposal relating...