Results 28,461-28,480 of 33,214 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: -----would hardly have entered the hallway of the Department of Finance before condemning me.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am not going to be part of those kinds of tricks.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: Just in case Deputy Mattie McGrath did not hear me, I repeat that he would hardly be out of the Department before castigating me.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am happy to meet other Deputies who are going to approach what we are doing in a fair-minded, open way. We have made the resources of the Department available to Deputies for the development of alternative budget proposals and to help with their work, and that will continue. On the Deputy’s focus on the bowels of the Department, I am not sure what he is referring to. All the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I thank the Deputies for the points they raised and thank Deputy Farrell for coming in on this matter. I absolutely appreciate that the minimum wage makes a very important difference to many people within our society. I know the argument is sometimes put forward that the number of people who are on the minimum wage is comparatively small within our economy and by moving the minimum wage up...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am not as across the detail of that as the Minister for Health and those who are involved in the payment are, but I will certainly raise that matter and see whether I can offer assistance in dealing with it. I know there are some who believe they should be eligible but are not, but I am not aware and cannot give an informed answer to the point that Deputy Nash just made a moment ago.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: Would the committee be willing to oblige a two minute adjournment before Deputy Boyd Barrett makes his contribution? I must step outside for a moment if that is okay.

Written Answers — Department of Finance: Departmental Staff (9 Nov 2022)

Paschal Donohoe: I wish to inform the Deputy that, the Dept. of Finance currently has 20 Officers seconded out, with one officer in receipt of Higher Duty/Acting allowance. In this instance, the allowance is pensionable. No Officer currently has been seconded for more than 10, 20 or 30 years.

Written Answers — Department of Finance: Revenue Commissioners (9 Nov 2022)

Paschal Donohoe: I propose to take Questions Nos. 28 to 30, inclusive, together. Revenue has recently written to over 300,000 individuals who, based on the information available to Revenue, may have overpaid or underpaid tax in some or all of the years 2019 to 2021 inclusive. These letters provide a preliminary tax position, advising the recipients to submit a tax return to claim any additional tax credits or...

Written Answers — Department of Finance: Credit Unions (9 Nov 2022)

Paschal Donohoe: On 23 November last, I published the Terms of Reference for a broad-ranging review of the retail banking sector in Ireland. The Review is being conducted by officials in my Department with assistance from other Government agencies and Departments. At the time of publishing the Terms of Reference, it was confirmed that the Review team would report to me in November 2022. Although the...

Written Answers — Department of Finance: Banking Sector (9 Nov 2022)

Paschal Donohoe: I propose to take Questions Nos. 32 to 34, inclusive, together. As I have previously stated, the Irish Government believes that banking is an activity that should be provided by the private sector and that taxpayer funds which were used to rescue the banks should be recovered and used for more productive purposes. The State has made good progress in delivering on its policy of returning both...

Written Answers — Department of Finance: Banking Sector (9 Nov 2022)

Paschal Donohoe: In answering the Deputy's question, I should note that a recommendation to pay dividends is the sole responsibility of the board and management of the banks. I am precluded from intervening in commercial and operational decisions in any particular bank, even one in which the State has a shareholding. I also wish to highlight that ECB guidance in relation to the COVID-19 pandemic in March and...

Written Answers — Department of Finance: Banking Sector (9 Nov 2022)

Paschal Donohoe: I have not held meetings with Irish banks about the rate of interest paid on customer deposits. Neither I nor the Central Bank of Ireland have a role in prescribing or the setting of deposit interest rates offered by banks. These are commercial matters and are the sole responsibility of the board and management of the banks, which must be run on an independent and commercial basis. Although...

Written Answers — Department of Finance: Tax Code (9 Nov 2022)

Paschal Donohoe: The position is that married persons or civil partners who are legally separated are generally taxed as single persons from the date of their separation. A formal separation for this purpose means a separation under an Order of Court or Deed of Separation, or other circumstances in which the couple are in fact separated and the separation is likely to be permanent. As single persons,...

Written Answers — Department of Finance: Departmental Bodies (9 Nov 2022)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on 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, the applicant must hold a...

Written Answers — Department of Finance: Insurance Industry (9 Nov 2022)

Paschal Donohoe: Firstly, it is important to note that neither I, nor the Central Bank, have the power to direct insurers to sell any specific product, or to make it available at a particular price. This stance is reinforced by the EU Solvency II directive which expressly prohibits Government from doing so. Notwithstanding this, insurance reform is a key priority for this Government. As the Deputy is...

Written Answers — Department of Finance: Tax Reliefs (9 Nov 2022)

Paschal Donohoe: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund on Income Tax and Deposit Interest Retention Tax paid in the State over the previous four years, subject to limits outlined in the legislation. Section 477C of the Taxes Consolidation Act 1997 outlines the definitions and...

Written Answers — Department of Finance: Business Supports (10 Nov 2022)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) and the Employment Wage Subsidy Scheme (EWSS) were economy-wide supports that played a central role in helping to maintain the link between employers and employees between March 2020 and May 2022. TWSS provided supports to over 689,000 employees linked to over 67,000 employers throughout the scheme. EWSS provided supports to almost 52,000 employers to...