Results 26,301-26,320 of 33,207 for speaker:Paschal Donohoe

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Covid-19 Payments and the Sale of AIB shares: Minister for Finance (19 Jan 2022)

Paschal Donohoe: I have already received it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Covid-19 Payments and the Sale of AIB shares: Minister for Finance (19 Jan 2022)

Paschal Donohoe: I did so on foot of the Chairman raising this matter with me at the previous committee meeting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Covid-19 Payments and the Sale of AIB shares: Minister for Finance (19 Jan 2022)

Paschal Donohoe: I thank the Chairman.

Written Answers — Department of Finance: National Asset Management Agency (20 Jan 2022)

Paschal Donohoe: I propose to take Questions Nos. 170 and 171 together. As the Deputy will be aware, NAMA does not typically own or sell properties, rather NAMA owns loans for which properties act as security. Secured properties remain in the ownership and control of their registered owners, or appointed receivers where applicable. These parties are responsible for all matters relating to the management of...

Written Answers — Department of Finance: Departmental Data (20 Jan 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme (DDS) provides relief from VRT 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 who also meet one of six specified medical criteria, as a driver or as a passenger and also to certain organisations. In order...

Written Answers — Department of Finance: Financial Services (20 Jan 2022)

Paschal Donohoe: In the operation of debt recovery creditors are obliged to operate and enforce agreements within the law and the terms of the relevant agreement. Where a creditor is a regulated financial services provider, such as an investment fund, they must in addition operate within the framework of relevant Central Bank regulatory and consumer protection requirements.   ...

Written Answers — Department of Finance: Primary Medical Certificates (20 Jan 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme (DDS) provides relief from VRT 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 who also meet one of six specified medical criteria, as a driver or as a passenger and also to certain organisations. In...

Cost of Living: Motion [Private Members] (26 Jan 2022)

Paschal Donohoe: I thank the Labour Party for bringing forward this motion. While I do not support it, it is a very valuable opportunity for the Dáil to reflect on where our economy, society, citizens and workers stand today as we continue to see very significant change and new pressures in our economy, with which I will deal in my statement. I acknowledge some common ground on the issues being raised...

Written Answers — Department of Finance: Departmental Schemes (25 Jan 2022)

Paschal Donohoe: I propose to take Questions Nos. 228, 231, 232, 233, 235, 236, 237, 238, 239 and 240 together. The Disabled Drivers & Disabled Passengers Scheme (DDS) provides relief from VRT 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 who also meet one of six...

Written Answers — Department of Finance: Insurance Industry (25 Jan 2022)

Paschal Donohoe: The Government’s Action Plan for Insurance Reformincludes a commitment to work to remove dual pricing from the insurance market. As the Deputy is aware, the Central Bank completed its Review and published its final report into differential pricing, along with a public consultation on proposals to strengthen the consumer protection framework, in July 2021. Among the Central...

Written Answers — Department of Finance: Charitable and Voluntary Organisations (25 Jan 2022)

Paschal Donohoe: I am advised by Revenue thatcharitable tax exemption status was granted to the organisation in question on 25 May 2012. The Charities Regulatory Authority (CRA) subsequently advised Revenue in 2017 that the organisation had failed to respond to queries regarding its charitable activity. The organisation also failed to respond to follow up correspondence from Revenue on the matter in January...

Written Answers — Department of Finance: Departmental Programmes (25 Jan 2022)

Paschal Donohoe: Finance Act 2012 introduced section 825C to the Taxes Consolidation Act, 1997. This section, as amended, provides Income Tax relief for certain individuals assigned during any of the tax years 2012 to 2022 to work in the State. The relief is commonly known as SARP (Special Assignee Relief Programme). The aim of the relief is to reduce the cost to employers of assigning skilled individuals in...

Written Answers — Department of Finance: Regulatory Bodies (25 Jan 2022)

Paschal Donohoe: As I have previously stated, I believe that innovations that increase the efficiency of financial services to consumers should be encouraged; however, innovations that fail to reach the high standards and controls that protect Irish consumers and underpin the integrity of the financial system, or those which put financial stability at risk, should not be allowed to flourish outside a...

Written Answers — Department of Finance: Regulatory Bodies (25 Jan 2022)

Paschal Donohoe: The Central Bank has informed me that 5,146 mortgage applicants received a mortgage rule exemption (allowance) from their lender in 2019, which is approximately 13% of the total number of loans subject to the mortgage measures in that year. The corresponding figure was 3,235 in 2020 (10% of total lending) and 1,415 in the first half of 2021 (8% of total lending). Data on the full year of...

Written Answers — Department of Finance: Departmental Policies (25 Jan 2022)

Paschal Donohoe: As the Deputy will be aware, the European Commission published a Communication in October 2021 which relaunched the review of the economic governance framework. I strongly welcome the re-opening of the Commission’s review, as I believe now is the right time to discuss possible reforms to the existing fiscal framework in Europe. To date, the Commission has not brought forward any...

Written Answers — Department of Finance: Tax Code (25 Jan 2022)

Paschal Donohoe: The VAT rates applying in Ireland are subject to the requirements of EU VAT law with which Irish VAT law must comply. While hairdressing services apply the 9% rate from 1 November 2020, services consisting of the care of the human body, including beauticians, are subject to the 13.5% rate. This arises from the fact that many of goods and services to which Ireland applies a reduced rate of...

Written Answers — Department of Finance: Tax Code (25 Jan 2022)

Paschal Donohoe: I understand the Deputy is referring to the payment of Local Property Tax (LPT). LPT is a self-assessed tax, administered in accordance with the provisions set out in Finance (Local Property Tax) Act 2012 (as amended). I am advised by Revenue that it wrote to approximately 1.4 million property owners in September and October 2021 advising them of their statutory obligations for the new...

Written Answers — Department of Finance: Tax Code (25 Jan 2022)

Paschal Donohoe: The tax treatment of commercial activities, including the rental of property, typically differs from that which applies to private individuals. For the business owner, the costs associated with running the business may be deductible for tax purposes. As the Deputy may be aware, the Minister for Housing, Local Government and Heritage, has established an Independent Working Group to...

Written Answers — Department of Finance: Domestic, Sexual and Gender-based Violence (25 Jan 2022)

Paschal Donohoe: There is a current budget allocation in 2022 for a training intervention that spans these areas. This is subject to final costs after a procurement exercise in Quarter 2, but costs are not expected to exceed €10,000. There was nothing allocated for these areas in 2021. 2021 2022 Nil €10,000

Written Answers — Department of Finance: Employment Schemes (25 Jan 2022)

Paschal Donohoe: Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020, provides for the Employment Wage Subsidy Scheme (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 was published on 23 June and enacted on 19 July 2021 and extended EWSS to 31 December 2021. ...