Results 25,821-25,840 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (30 Nov 2021)

Paschal Donohoe: I am advised by Revenue that electronic Customs import declarations are now required for all parcels / packages coming from non-EU countries including those coming through the postal system regardless of the value of the goods being sent. Since 1 July 2021, all goods imported to the Union, regardless of their value, are liable to VAT. In addition, all goods valued at €150 or more may...

Written Answers — Department of Finance: Insurance Industry (30 Nov 2021)

Paschal Donohoe: At the outset, it is important to note that neither I nor the Central Bank of Ireland have any influence over the pricing or provision of insurance products, as this is a purely commercial matter. This position is reinforced by the EU legislative framework for insurance (the Solvency II Directive). Having said that, the Government is acutely aware of the concerns felt by many sectors,...

Written Answers — Department of Finance: Insurance Industry (30 Nov 2021)

Paschal Donohoe: I note that the company referred to by the Deputy is an independent entity which is subject to the same rules as all other insurers in the Irish market, including the Solvency II Directive. While I share the Deputy’s concerns and understand the issues facing many community groups across the country regarding the cost and availability of insurance, he will appreciate that, as...

Written Answers — Department of Finance: Insurance Industry (30 Nov 2021)

Paschal Donohoe: I note that the details supplied by the Deputy refers to a specific company. While I understand the concerns felt by many groups, including the one highlighted by the Deputy, around the cost and availability of insurance cover, he will appreciate that, as Minister for Finance, I am not in a position to comment on an individual commercial entity. Likewise, neither I, nor the Central Bank...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 3: In page 12, line 24, after “Placement” to insert “or an Internship Clinical Placement”. The pandemic placement grant, PPG, is a payment of €100 per week to full-time student nurses and midwives on clinical placements as supplementary financial support in carrying out this placement during the pandemic. Section 4 of the Finance...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: The Government will make a decision regarding a recognition payment to recognise all of the efforts of our front-line workers soon. It is not the subject of reference in the Finance Bill. The Taoiseach and Tánaiste have made it clear that we will make a speedy decision in regard to this matter.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: The only thing that is certain is that when we bring it forward Deputy Doherty will oppose it. He will condemn whatever proposal the Government brings forward and will say it is not enough and should have been done more quickly. The only thing that is certain in any decision the Government brings forward is that the Deputy will stand up, along with Sinn Féin, and will oppose it, as...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 4: In page 12, line 30, to delete “31 December 2021” and substitute “31 December 2022”.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 5: In page 12, line 35, after “student” to insert “in the year of assessment to which it relates”.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: In the amendment the Deputy is requesting a comprehensive report on the trans-border workers' relief. I acknowledge Deputy Doherty has been raising this issue since the Covid pandemic changed work patterns and work flows on this island. This issue was discussed during the debates on last year's Finance Bill, when I undertook that the relief would be examined as part of the work of the tax...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I appreciate the Deputy's recognition of the decision made by the Revenue Commissioners. I am aware of IBEC's interest in and support for the campaign, but I stand by the indication I gave earlier that there are important issues of equity here. Someone who is resident here in Ireland is liable to pay tax here in Ireland. This is a long-standing principle upon which our personal taxation...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I will speak to the amendments first before I come to Deputy Michael Healy-Rae's comments. Deputy Doherty's amendments refer to reports on the tapering out of income tax credits on certain incomes and the introduction of a levy on high incomes and new income tax rates across particular income ranges. I will make the point that in order to fund all of the improved public services and the...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: We are raising revenue to improve public services. Changes we have made in local property tax and carbon taxation are bringing in revenue. We are using the additional revenue coming in from those changes to tax policy to pay for improved public services. We will see tax revenue increase across next year due to the effects of a growing economy. Deputy Doherty and I have different views on...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: 9 o’clock I am absolutely aware of the huge challenge that many tenants face at the moment. I meet them in my own constituency of Dublin Central. I meet people who are very concerned about the level of rent they are paying currently. They are worried they will not be able to pay their rent in the future, or that renting has undermined their ability to save for a mortgage. They...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I do not know the answer to the specific question Deputy Barry put to me this evening. I do not have the answer to the question that he is looking for in that legislation. I will see if I can find the information and I will certainly share it with Deputy Barry if I can. On Deputy Healy-Rae's comments about how we can sustainably build homes, we can sustainably build homes by the State...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: It is a recipe for fewer houses built.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: It is a recipe for fewer homes.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Higher rents and fewer homes.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Fewer homes and higher rents, Deputy Doherty.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Deputy Doherty does not like a debate.