Results 28,581-28,600 of 33,214 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I have explained the policy rationale behind it to the Deputy. The Deputy has been good enough to acknowledge that the average wage in our country is €46,000. He accepts that it is important to make progress and to try to-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: It will be a long few hours if every time I try to respond to Deputy Doherty-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: Even before I had completed my answer to the Deputy, he said I was putting words in his mouth. We have a long few days ahead of us, which I am looking forward to, but I ask the Deputy to allow me to finish the point I am making. The Deputy is quoting median earnings and I have acknowledged that his figures are correct. I am talking about average earnings.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: The Deputy used median earnings.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: They are different measurements of average earnings.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: The Deputy is correct. I do not know why he is so defensive over that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: The Deputy gives every hallmark of being defensive over there.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: For a man who is denying being defensive, the Deputy will not let me get a word out. I ask the Deputy to let me conclude. Before the Deputy interrupted me, I was making the point to him that the average wage is €46,000 per annum. There is a good case to be made that somebody on €46,000 should not be paying the higher rate of income tax. I am also making the case, which I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: The Deputy knows it is true.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I am talking about tax proposals and it is true.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I thank the Deputy for raising this. From finance Bill to finance Bill I am always happy to keep matters under review. I accept the issues that are being brought forward by Deputy Nash. As I have explained to the Deputy, due to the cost involved in the scheme and the way we have it structured, it is appropriate to maintain the parameters as they stand. In advance of every finance Bill I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I see it as a holding measure. I hope that, over time, these matters can be better dealt with through pay policy, particularly if we are successful in building up the number of our personnel who are involved in this really important work. To give the Deputy a bit of information regarding the number of people using the relief at the moment, 189 enlisted personnel and 35 officers availed of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: In respect of amendment No. 9, I acknowledge the difficulties that many parents face in paying the rent due for the residence used by their children while they are attending college. The credit will be available in such cases subject to all other conditions of this measure being met, provided the child concerned is undertaking an approved course and was under the age of 23 at the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I thank the Deputies. I very much acknowledge the pressure that so many are facing within our rental sector at the moment. I experience it in my own constituency clinic in the engagement I have with my own constituents. I am really aware of the pressures that have been referred to by Deputies Doherty and Mairéad Farrell. On Deputy Doherty's point about students over the age of 23...

Written Answers — Department of Finance: Tax Code (16 Nov 2022)

Paschal Donohoe: I propose to take Questions Nos. 71 and 76 together. Ireland’s taxation of fuel is governed by 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. There are three national legislative frameworks which provide for the charging of excise duty on...

Written Answers — Department of Finance: Business Supports (16 Nov 2022)

Paschal Donohoe: I can confirm that new businesses will be eligible for the Temporary Business Energy Support Scheme. It is accepted that, in some cases, a business may not have an electricity bill or gas bill for the reference period because the energy account or gas connection either did not exist at the time, or was not held by the business during the particular reference period. This may happen where a...

Written Answers — Department of Finance: Banking Sector (16 Nov 2022)

Paschal Donohoe: On 1 August 2014, the Single European Payment Area (SEPA) Regulation came into effect for all payment service providers (PSPs) and payment service users (PSUs) in the EU. Under the SEPA Regulation, it is illegal for PSPs and PSUs to refuse to accept any SEPA International Bank Account Number (IBAN) when making or receiving payments. The legislation governing these matters is contained in EU...

Written Answers — Department of Finance: Insurance Industry (16 Nov 2022)

Paschal Donohoe: At the outset, it is important to note that neither I, nor the Central Bank of Ireland, can direct the pricing or provision of insurance products, as this is a commercial matter which individual companies assess on a case-by-case basis. This position is reinforced by the EU Single Market framework for insurance (the Solvency II Directive). Ultimately, the conditions and factors that...

Written Answers — Department of Finance: Semi-State Bodies (16 Nov 2022)

Paschal Donohoe: My officials participate in quarterly meetings of an interdepartmental group, chaired by officials from the Department of the Environment, Climate and Communications, which also includes officials from the Department of Public Expenditure and Reform, NewERA and the CEO and senior management of An Post. My officials have also met with the CFO of An Post in April and September this year in...