Results 26,461-26,480 of 33,207 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Public Sector Staff (10 Feb 2022)

Paschal Donohoe: I wish to inform the Deputy that neither my Department, nor any of the State Agencies under the remit of my Department, are located in, nor have public sector workers employed in roles that are based in County Wexford. Therefore, there are no public sector workers under the remit of my Department employed in County Wexford.

Written Answers — Department of Finance: Tax Exemptions (10 Feb 2022)

Paschal Donohoe: Providing a sustainable, low-carbon transport system is a key priority of Government. The Programme for Government commits to 7% average annual emissions reduction to 2030; ultimately, the goal is for a zero-emission mobility system by 2050. Electrification will be key to achieving this objective in the transport sector. Electric vehicles (EVs) are the most prominent transport mitigation...

Written Answers — Department of Finance: Tax Yield (10 Feb 2022)

Paschal Donohoe: I am informed by Revenue that the estimated additional yield arising from the increase in the rate of carbon tax on 1 May 2022 is €32 million in 2022.

Written Answers — Department of Finance: Credit Unions (10 Feb 2022)

Paschal Donohoe: I propose to take Questions Nos. 250, 252 and 253 together. The Programme for Government includes a number of commitments in relation to the credit union sector. Work on the Review of the Policy Framework is well advanced and we intend to issue proposals emanating from the Review for consultation shortly. As part of the Review of the Policy Framework, Minister of State Fleming has conducted...

Written Answers — Department of Finance: Sustainable Development Goals (10 Feb 2022)

Paschal Donohoe: As the Deputy will be aware, in September 2015, 193 UN Member Countries including Ireland adopted the Sustainable Development Goals (SDGs) which consist of 169 targets around 17 high level goals. The SDGs are a global blueprint for collective progress to a more prosperous and sustainable world by 2030. The SDGs are applicable to all countries, developed and developing, and action is required...

Written Answers — Department of Finance: Tax Code (10 Feb 2022)

Paschal Donohoe: As the Deputy is aware, the final retail price of fuel is determined by a number of factors including the costs of production, distribution, global market factors, international exchange rates, taxation, wholesale market contracts as well as individual retail pricing policies. The current inflationary trend in fuels is driven by international market factors, primarily by rising demand due to...

Written Answers — Department of Finance: Electric Vehicles (10 Feb 2022)

Paschal Donohoe: I would like to inform the Deputy that my Department currently has the use of one electric vehicle charging point.

Written Answers — Department of Finance: Tax Collection (10 Feb 2022)

Paschal Donohoe: I am advised by Revenue that the VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. The VAT Directive obliges each Member State to have a standard rate of VAT and also allows that a Member State may choose to have no more than two reduced rates of VAT, which may be no less than 5%, and which may be applied to certain goods and...

Tackling the Cost of Living - Institutional Investors in the Residential Property Market: Motion (15 Feb 2022)

Paschal Donohoe: I move amendment No. 2: To delete all words after "Dáil Éireann" and substitute the following: "notes that: — a substantial increase in the supply of new homes is the only route to solving Ireland's housing crisis; — delivering the target of an average of 33,000 homes per annum will require significant private investment alongside our unprecedented levels of...

Written Answers — Department of Finance: Primary Medical Certificates (15 Feb 2022)

Paschal Donohoe: I propose to take Questions Nos. 267 and 272 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 specified medical criteria, as a...

Written Answers — Department of Finance: Departmental Schemes (15 Feb 2022)

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: Tax Rebates (15 Feb 2022)

Paschal Donohoe: One of the actions set out in the recently published Climate Action Plan is that the potential for new tax measures to support retrofit will be explored. In the normal course of events, the introduction of any new tax expenditure measure generally takes place in the context of the annual Budget and Finance Bill process. In relation to the specific question posed by the Deputy, it would...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Feb 2022)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) is an economy-wide support to assist eligible employers meet employee wages where trade is negatively impacted by Covid-19. The EWSS is operated on a self-assessment basis with the onus on applicants to satisfy themselves that they fully meet the eligibility criteria for the scheme as set down in the legislation and to self-declare to Revenue that...

Written Answers — Department of Finance: EU Agreements (15 Feb 2022)

Paschal Donohoe: As part of the overall agreement on the Post-2020 Multiannual Financial Framework (MFF) and Next Generation EU (NGEU), EU leaders also made a number of changes to the current system of own resources, including the introduction of a plastic-based contribution based on non-recycled plastic packaging. The plastic-based contribution is calculated on the weight of non-recycled plastic...

Written Answers — Department of Finance: Customs and Excise (15 Feb 2022)

Paschal Donohoe: Ireland’s taxation of fuel is based on European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. Ireland applies excise duty, in the form of Mineral Oil Tax (MOT), to fuels used for motor or heating purposes. MOT is comprised of a non-carbon and a...

Written Answers — Department of Finance: Customs and Excise (15 Feb 2022)

Paschal Donohoe: I am advised by Revenue that the receipts from Mineral Oil Tax (MOT) for motor diesel and petrol for the years 2019 and 2020 are published on the Revenue website at link: www.revenue.ie/en/corporate/information-about-revenue/statis tics/excise/receipts-volume-and-price/excise-receipts-commod ity.aspx. The provisional receipts for motor diesel and petrol in 2021 are €1,441m and...

Written Answers — Department of Finance: Tax Code (15 Feb 2022)

Paschal Donohoe: Mineral Oil Tax is comprised of a carbon and a non-carbon charge; the carbon component is also referred to as carbon tax. I am advised by Revenue that the receipts from the Mineral Oil Tax Carbon Charge (MOTCC) for motor diesel and petrol for the years 2019 and 2020 are published on the Revenue website at the following address: www.revenue.ie/en/corporate/information-about-revenue/statis...

Written Answers — Department of Finance: Departmental Schemes (15 Feb 2022)

Paschal Donohoe: The Living City Initiative (LCI) (provided for in Finance Act 2013 and commenced on 5 May 2015) is a tax incentive aimed at the regeneration of the historic inner cities of Dublin, Cork, Galway, Kilkenny, Limerick and Waterford. The scheme provides income or corporation tax relief for qualifying expenditure incurred in refurbishing/converting qualifying buildings which are located within...

Written Answers — Department of Finance: Tax Code (15 Feb 2022)

Paschal Donohoe: The term “Exchange Traded Fund” or “ETF” is a general investment industry term that refers to a wide range of investments. ETF investments can take many different legal and regulatory forms even where they are established within the same jurisdiction. An ETF is an investment fund that is traded on a regulated stock exchange. A typical ETF can be compared to a...

Written Answers — Department of Finance: Banking Sector (15 Feb 2022)

Paschal Donohoe: As Minister for Finance, I have no role in the operational matters of any bank in the State. This includes banks in which the State has a shareholding. Decisions in this regard are the sole responsibility of the board and management of the banks, which must be run on an independent and commercial basis. However, both I and the Central Bank expect that all financial firms act in their...