Results 27,201-27,220 of 33,214 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Collection (4 May 2022)

Paschal Donohoe: Solid Fuel Carbon Tax (SFCT) is an excise duty that applies to coal and peat when first supplied in the State for use as a fuel. SFCT rates effective from 1 May 2021 to 30 April 2022 are listed in the table below along with rates effective from 1 May 2022. Solid Fuel Category SFCT rate per tonne from 01/05/2021 to 30/04/2022 SFCT rate per tonne from 01/05/2022 ...

Written Answers — Department of Finance: EU Directives (4 May 2022)

Paschal Donohoe: A search of official records, in response to the Deputy’s question, indicates that there has been no cost to my Department from 2011 to date for fines paid by Ireland for non-transposition of EU directives into Irish law. To go back beyond that period would not be an efficient use of time and resources. For background, the European Commission, in 2017 – “EU law:...

Committee on Budgetary Oversight: Stability Programme Update 2022: Minister for Finance (4 May 2022)

Paschal Donohoe: Okay, I will certainly have a look at the point the Deputy made.

Written Answers — Department of Finance: Health Services (5 May 2022)

Paschal Donohoe: Tax relief in respect of health expenses is allowed in accordance with the provisions of section 469 of the Taxes Consolidation Act 1997. In order to qualify for relief an individual must show that he or she has incurred "health expenses" for the provision of "health care". For the purposes of section 469 "health care" is the prevention, diagnosis, alleviation or treatment of an ailment,...

Written Answers — Department of Finance: Ukraine War (5 May 2022)

Paschal Donohoe: A Council Recommendation on the conversion of hryvnia banknotes into the currency of host Member States for the benefit of persons fleeing the war in Ukraine was published on 01 April and was agreed by the Committee of Permanent Representatives on 13 April.   The recommendation does not prescribe exact procedures to be put in place, but focuses on the consistency of...

Written Answers — Department of Finance: Banking Sector (5 May 2022)

Paschal Donohoe: I wish to highlight, as Minister for Finance, I am precluded from intervening in commercial and operational decisions in any particular bank, even one 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.  The bank's...

Written Answers — Department of Finance: State Bodies (5 May 2022)

Paschal Donohoe: The Department of Health and the Public Appointments Service, with input from Department of Finance officials, issued a call for expressions of interest from medical practitioners to participate in the Board. The call closed on April 29th 2022, with the original deadline being extended as no expressions of interest had been received. I am informed by Department of Health officials that...

Written Answers — Department of Finance: Tax Code (5 May 2022)

Paschal Donohoe: I am informed by Revenue that the estimated cost of extending the 9% VAT rate for hospitality and tourism related services beyond 1stSeptember 2022 until 31stDecember 2023 would be in the region of €500m. This estimate is based on the most recently available third-party consumption data and assumes no behavioural changes by consumers. The estimated full-year cost of this measure is...

Written Answers — Department of Finance: Tax Code (5 May 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. In general, the EU VAT Directive provides that all goods and services are liable to VAT at the standard rate, unless they fall within categories of goods and services specified in Annex III of the VAT Directive, in respect of which Member States...

Written Answers — Department of Finance: Tax Code (5 May 2022)

Paschal Donohoe: I am informed by the Revenue Commissioners that goods which are imported from outside the EU are subject to VAT and Customs Duty upon importation into the State.  The rate of VAT which applies to imports is the rate that would apply to the same goods within the State; thus the zero rate of VAT applies on the importation of printed books.  The rate of Customs Duty on printed books...

Seanad: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Second Stage (10 May 2022)

Paschal Donohoe: What the Bill before the House does is provide a legislative basis for a number of changes to the main Covid supports that were announced by the Government since the end of last year and that are currently being implemented by the Revenue Commissioners on an administrative basis. Members will recall that the additional public health restrictions in place at the end of last year necessitated...

Seanad: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Second Stage (10 May 2022)

Paschal Donohoe: I will reply to the points made by different Senators. Senator Kyne inquired about the taxation of the pandemic recognition payment and whether tax can be alleviated on payments that were made in the past. The pandemic recognition payment should not have had taxed paid on it. When the Government made the announcement on it, we implemented it on an administrative basis through the Revenue...

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

Paschal Donohoe: I propose to take Questions Nos. 261 and 267 together. I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply.  In accordance with the VAT Directive a school that is engaged solely in the provision of children’s or young people’s education is exempt from VAT. As is the case with all VAT exempt...

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

Paschal Donohoe: The Government’s strategy ‘Housing For All’ includes an action for my Department to collect data on vacancy with a view to introducing a Vacant Property Tax. The timeframe for delivery on this commitment is the second quarter of 2022. The Finance (Local Property Tax) (Amendment) Act 2021 enabled Revenue to collect certain information in relation to the occupancy status...

Written Answers — Department of Finance: Banking Sector (10 May 2022)

Paschal Donohoe: As the Minister for Finance, I have no role in the day to day operations of any bank operating within the State including banks in which the State has a shareholding. Decisions in relation to commercial matters such as the application of interest rate charges are the sole responsibility of the board and management of the banks, which must be run on an independent and commercial...

Written Answers — Department of Finance: Primary Medical Certificates (10 May 2022)

Paschal Donohoe: The Department of Health and the Public Appointments Service, with input from Department of Finance officials, issued a call for expressions of interest from medical practitioners to participate in the Board. Following an extension of the deadline, the call closed on April 29th 2022. Applications have been received and will be now be assessed to identify any suitable nominees, with a view to...

Written Answers — Department of Finance: Banking Sector (10 May 2022)

Paschal Donohoe: The facilities available in Leinster House are a matter for Facilities Management at the Houses of the Oireachtas. As Minister for Finance, I do not have a role in the day to day operations of any bank operating within the State, including those in which the State has a shareholding. Decisions in relation to the provision of ATM services at different locations are commercial matters and are...

Written Answers — Department of Finance: Prize Bonds (10 May 2022)

Paschal Donohoe: The National Treasury Management Agency (NTMA) have supplied the table below that shows the total number of prizes won by Prize Bond holders on a monthly basis in each of the past two years to date: Prize Bond Winners from May 2020 to April 2022 Date No of Prizes per Month May-20 26,445 Jun-20 21,504 Jul-20 ...

Written Answers — Department of Finance: Defective Building Materials (10 May 2022)

Paschal Donohoe: As the Deputy may be aware, the Minister for Housing, Local Government and Heritage has established an Independent Working Group to examine the issue of defective housing. Officials from my Department participate in this Working Group. The objectives of the group are to identify the scope of relevant significant defects in housing, to evaluate the scale of housing affected, to propose a...

Written Answers — Department of Finance: Tax Reliefs (10 May 2022)

Paschal Donohoe: I propose to take Questions Nos. 269 and 270 together. I am advised by Revenue that the available information in relation to the cost of tax relief on pension contributions is available on the Revenue website at: www.revenue.ie/en/corporate/documents/statistics/tax-expendi tures/costs-tax-expenditures.pdf. The information includes the number of taxpayers availing of the relief as well...