Results 25,901-25,920 of 33,175 for speaker:Paschal Donohoe

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

Paschal Donohoe: We are making two changes. We are making clear that any sum received in a bona fide way from betting, lottery, sweepstake, game or prize is exempt from capital acquisitions tax. We are also making clear the exemption is no longer restricted to cash prizes.

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

Paschal Donohoe: That would not be seen as a bona fide event. The Revenue Commissioners would see it as being not bona fide and, as such, it would not benefit from the exemption.

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

Paschal Donohoe: I apologise. I missed the Deputy's second question.

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

Paschal Donohoe: I will keep this under review, as I have done since introducing EWSS and its predecessor, the temporary wage subsidy scheme. Both of them have paid out more than €8 billion to support employers and have played a vital role in protecting our country's economy. Making a change to the date of 1 January 2022 would require a legislative change. As to whether I support the Government's...

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

Paschal Donohoe: I do not believe so at the moment. Even though new entrants cannot join from 1 January on, they can do so all the way up to the end of December. While I can never be certain about where we will be with the disease, which is an obvious point to make by now, if things take a turn for the worse, employers can enter the scheme at any point up to the end of the year. This gives adequate scope...

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

Paschal Donohoe: I may table a Report Stage amendment to section 72.

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

Paschal Donohoe: No. Revenue will still be in a position to impose a penalty. In the absence of agreement on a penalty, it can have the penalty determined by a court. There is still provision for penalties to be imposed.

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

Paschal Donohoe: This is similar to the amendments proposed in sections 71 and 72. This amending provision is aimed at simplifying the existing penalty regime in respect of VAT.

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

Paschal Donohoe: Section 74 provides for the ending of the current regime for the publication of the list of tax defaulters. A new publication regime, set out in section 75, will replace the current regime in the context of any fines or other penalties imposed or determined by a court on or after 1 January 2022 or settlements which the Revenue Commissioners accept or undertake to accept on or after that date....

Written Answers — Department of Finance: Dental Services (7 Dec 2021)

Paschal Donohoe: I propose to take Questions Nos. 193, 196, 198 and 205 together. The VAT treatment of the supply of goods and services is subject to the requirements of the EU VAT Directive, with which Irish VAT law must comply. Exemptions from VAT for certain activities in the public interest are set out in Chapter 2 of Title IX of the Directive. These provisions are transposed into Irish legislation in...

Written Answers — Department of Finance: Primary Medical Certificates (7 Dec 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: Covid-19 Pandemic Supports (7 Dec 2021)

Paschal Donohoe: I propose to take Questions Nos. 195, 204 and 206 together. The objective of the Employment Wage Subsidy Scheme (EWSS) is to support employment and maintain the link between the employer and employee insofar as is possible. The EWSS has been a key component of the Government’s response to the Covid-19 crisis. It is an economy-wide scheme that operates across all sectors. In money...

Written Answers — Department of Finance: Customs and Excise (7 Dec 2021)

Paschal Donohoe: I am advised by Revenue that data on the average length of time a foreign registered vehicle is awaiting Customs clearance is unavailable. Where a vehicle cannot be Customs cleared i.e. green routed, immediately on arrival in Ireland, the time taken to resolve the matter is dependent on the specific issue that has given rise to the Customs control and whether an inspection of the vehicle is...

Written Answers — Department of Finance: Protected Disclosures (7 Dec 2021)

Paschal Donohoe: In broad terms, a protected disclosure is a disclosure of information which the discloser believes may reveal wrongdoing and which came to the attention of the discloser through their employment. This is a very broad category of information. As such, I expect that in many cases disclosures falling into this category are received and dealt with properly without the person making the disclosure...

Written Answers — Department of Finance: Social Enterprise Sector (7 Dec 2021)

Paschal Donohoe: I can inform the Deputy that my Department has no record of any funding being allocated for the promotion and support of the social enterprise sector in 2022. The Deputy will note that my response refers only to Department of Finance records and I cannot comment on behalf of other Departments.

Written Answers — Department of Finance: Financial Services (7 Dec 2021)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. As Minister for Finance, I have no role in the day to day workings of the office or in the decisions which he takes. The Financial Services and Pensions Ombudsman (FSPO) has advised me that the FSPO can investigate complaints made about the conduct...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (7 Dec 2021)

Paschal Donohoe: The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat the effects of the Covid-19 pandemic. The support is available to companies, self-employed individuals and partnerships who carry on a trade or trading activities, the profits from which are chargeable to tax under Case I of Schedule D,...

Written Answers — Department of Finance: Legislative Measures (7 Dec 2021)

Paschal Donohoe: Section 151 of the Consumer Credit Act 1995 (‘the Act’) provides that the Director of Consumer Affairs (now the Competition and Consumer Protection Commission) shall establish and keep a register of credit intermediaries and section 151A of the Act provides that the Central Bank of Ireland shall establish and keep a register of moneylenders and a register of mortgage...

Written Answers — Department of Finance: Legislative Measures (7 Dec 2021)

Paschal Donohoe: As the Deputy will be aware, the Programme for Government includes a commitment to introduce a Senior Executive Accountability Regime (SEAR). The SEAR is a key element of the Individual Accountability Framework Bill and will drive positive changes in terms of culture, greater delegation of responsibilities, and enhanced accountability while simplifying the taking of sanctions against...

Written Answers — Department of Finance: Customs and Excise (7 Dec 2021)

Paschal Donohoe: Responsibility for issuing public dance, public music and singing licences lies with the Courts Service, as does the collection of the appropriate Excise Duty fees, which are then returned to Revenue. Information on the Excise Duty returned to Revenue is published at link: www.revenue.ie/en/corporate/information-about-revenue/statis...