Results 24,981-25,000 of 33,175 for speaker:Paschal Donohoe

Committee on Budgetary Oversight: Pre-Budget 2022 Scrutiny (Resumed): Minister for Finance (23 Sep 2021)

Paschal Donohoe: The Sinn Féin support for the wealth tax comes and goes. It supported it a while ago but then I did not hear it mentioned for a long time. I hear it being mentioned the odd time again now.

Committee on Budgetary Oversight: Pre-Budget 2022 Scrutiny (Resumed): Minister for Finance (23 Sep 2021)

Paschal Donohoe: Maybe it is about to make a comeback. It is not in every alternative budget Sinn Féin has put forward.

Committee on Budgetary Oversight: Pre-Budget 2022 Scrutiny (Resumed): Minister for Finance (23 Sep 2021)

Paschal Donohoe: The Deputy who holds the prize for consistency with regard to wealth tax is Deputy Boyd Barrett rather than Deputy Doherty.

Written Answers — Department of Finance: Tax Code (23 Sep 2021)

Paschal Donohoe: I assume that the Deputy’s question may relate to the taxation of cross-border workers who are Irish resident but commute to work in another jurisdiction and claim relief in accordance with section 825A Taxes Consolidation Act 1997, which is commonly referred to as Trans-Border Workers’ Relief. The relief effectively removes the foreign employment income from a liability to...

Written Answers — Department of Finance: Budget 2022 (23 Sep 2021)

Paschal Donohoe: As the Deputy will 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 Budget decisions.

Written Answers — Department of Finance: Budget 2022 (23 Sep 2021)

Paschal Donohoe: In advance of the Budget, as Minister for Finance I receive a large number of pre-budget submissions on a wide range of issues. These can range from highly detailed and developed proposals for specific changes to existing taxes, reliefs, exemptions and allowances to more straightforward requests, for example, to increase the single person tax credit. Many submissions contain proposals...

Written Answers — Department of Finance: Fiscal Data (23 Sep 2021)

Paschal Donohoe: The Department of Finance published a report entitled Population Ageing and the Public Finances in Ireland on Friday September 17th. The purpose of the report is to highlight the likely economic and budgetary impacts of population ageing in Ireland over the coming decades. Included in the report, for illustrative purposes, is a hypothetical simulation that analyses the potential evolution of...

Written Answers — Department of Finance: Defective Building Materials (23 Sep 2021)

Paschal Donohoe: I propose to take Questions Nos. 207 to 209, inclusive, together. Local Property Tax (LPT) operates on a self-assessment basis and it is a matter for the property owner in the first instance, to calculate the tax due based on his or her assessment of the market value of the property. When making an assessment, issues such as the presence of pyrite would be one of the factors that a...

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

Paschal Donohoe: The Programme for Government - “Our Shared Future” – includes a commitment to bring forward legislation in relation to the Local Property Tax (LPT) on the basis of fairness and that most homeowners will face no increase in their LPT liability. In addition there is a commitment to bring new homes, which were outside the LPT, into the taxation system. The Finance...

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

Paschal Donohoe: As previously advised to the Deputy in my reply to Dail Question No. 261 (Ref No. 43268-21), on the 15th of September, the filing date for self-assessed taxpayers who file their 2020 return (Form 11) and pay any liabilities due through ROS, including preliminary tax for 2021, has already been extended from 31 October 2021 to 17 November 2021 and no further extension is envisaged. ...

Written Answers — Department of Finance: Banking Sector (28 Sep 2021)

Paschal Donohoe: Within the regulatory framework of the Central Bank of Ireland, only authorised credit institutions or retail credit firms may provide mortgage credit to consumers in Ireland. Under EU law, credit institutions authorised in another EEA Member State can provide specified banking activities, including lending, in other Member States provided that the home country supervisor (which in Ireland is...

Written Answers — Department of Finance: Budget 2022 (28 Sep 2021)

Paschal Donohoe: Section 469 of the Taxes Consolidation Act 1997 provides for tax relief in respect of qualifying health expenses. Section 469 defines "health expenses" as "expenses in respect of the provision of health care including the services of a practitioner". A practitioner is defined in the section as "any person who is: registered in the register established under section 43 of the Medical...

Written Answers — Department of Finance: Tax Reliefs (28 Sep 2021)

Paschal Donohoe: 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 salary, in exchange for a travel pass. Where a travel pass is...

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

Paschal Donohoe: As the Deputy will be aware, I have previously responded to a question from him in relation to this matter on 9 September. A detailed reply was issued in that instance (Dail Question No. 217 - Reference 42979/21) and there have been no substantive developments or adjustments to the previous answer in the interim period. The Covid Restrictions Support Scheme (CRSS), which is provided by...

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

Paschal Donohoe: To qualify for a Primary Medical Certificate an applicant must be permanently and severely disabled, and satisfy at least one of the following medical criteria, in order to obtain a Primary Medical Certificate: - be wholly or almost wholly without the use of both legs; - be wholly without the use of one leg and almost wholly without the use of the other leg such that the applicant is...

Written Answers — Department of Finance: Tax Clearance Certificates (28 Sep 2021)

Paschal Donohoe: Department of Social Protection (DSP) payments are generally classified as income and as such are liable to income tax but not Universal Social Charge (USC) and PRSI. This includes Jobseekers Benefit and any weekly payments for adult dependants. The way in which tax is collected from DSP payments is dependent on whether a person is taxed through the PAYE system or through...

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

Paschal Donohoe: I would like to thank the Deputy for raising this important issue. On 1 July 2021, the OECD Inclusive Framework reached agreement but not unanimous consensus on key aspects of the two-pillar solution to address tax challenges arising from digitalisation and globalisation. I have been clear in expressing my broad support for the agreement but have expressed reservation, in particular,...

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

Paschal Donohoe: I am aware of concerns that have been raised regarding the pace of recovery for the hospitality and tourism sector. As an economy wide support, the Employment Wage Subsidy Scheme has the objective of supporting all employment and maintaining the link between the employer and employee insofar as is possible. The EWSS is open to all businesses, provided the business meets the requisite...

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

Paschal Donohoe: As the Deputy will 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 Budget decisions.