Results 25,521-25,540 of 33,175 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Paschal Donohoe: Far be it from me to try to undertake the role of Chairman, but I think Deputy Mairéad Farrell wants to come in at this point. I have direct line of sight from where I am seated, which is not always helpful, but from the point of view of inclusivity within the committee, it is.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Paschal Donohoe: While I appreciate the importance of the issue which the Deputies raise, I am not in a position to accept the amendment. The question of employment for self-employment status arises in three different areas, that is, tax where it is determined by Revenue, social welfare where it is determined by the Department of Social Protection and employment rights where the Workplace Relations...

Written Answers — Department of Finance: Financial Instruments (17 Nov 2021)

Paschal Donohoe: As the Deputy may be aware the purpose of this amendment was to make a change to section 40 of the Capital Acquisitions Tax Consolidation Act 2003, which provides for a charge to capital acquisitions tax in relation to the free use of property. The central thrust of the amendment was to change the methodology for valuing the free use of cash in the form of an interest-free or low...

Written Answers — Department of Finance: Housing Schemes (17 Nov 2021)

Paschal Donohoe: The Help to Buy (HTB) incentive, is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. Section 477C Taxes Consolidation Act (TCA) 1997 outlines the...

Written Answers — Department of Finance: Insurance Industry (17 Nov 2021)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. 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 in such circumstances. This position is reinforced by the EU...

Written Answers — Department of Finance: Tax Code (17 Nov 2021)

Paschal Donohoe: The VAT rating of goods and services is subject to the provisions of EU VAT law, with which Irish VAT law must comply. There is no provision in the VAT Directive to exempt the supply of assistive technology and mainstream technology devices. However, there is a VAT refund order in place (Refund Order (No.15) 1981) which provides for the refund of VAT on goods purchased for use by...

Written Answers — Department of Finance: Tax Code (17 Nov 2021)

Paschal Donohoe: I propose to take Questions Nos. 73, 74 and 75 together. The Deputy has requested the number of rental and residential properties disposed of in each of the years 2016 to 2020 and to date in 2021 in circumstances in which those properties were acquired between 7 December 2011 and 31 December 2014 and as such are not subject to capital gains tax under section 604A of the Taxes...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Paschal Donohoe: Next year, the Government will invest €4 billion in the delivery of more homes in our country. We will invest €2.6 billion directly through the Exchequer and a further €1.5 billion through the Land Development Agency. The funding we have, in current terms alone, for responding to our housing needs is €1.4 billion. What is that leading to? This year, it is...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Paschal Donohoe: I will make a few brief points in the same spirit as Deputy Doherty. He made his points quickly and I will do the same.