Results 31,901-31,920 of 33,289 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Properties (18 Feb 2025)

Paschal Donohoe: I wish to advise the Deputy that my Department is provided with accommodation by the OPW and does not own any undeveloped sites.

Written Answers — Department of Finance: Tax Code (18 Feb 2025)

Paschal Donohoe: The Deputy should note that at present the VAT rate for hairdressing and beauty services is 13.5%. This is the higher of the two reduced VAT rates, which Ireland currently avails of. The other reduced rate is 9%. However, the basis for the 13.5% rate differs for both services. In relation, to hairdressing the EU VAT Directive, with which Irish VAT Law must comply, contains provisions...

Written Answers — Department of Finance: Insurance Industry (18 Feb 2025)

Paschal Donohoe: At the outset, I would like to acknowledge the sensitivity of this issue and assure you that the Government recognises the importance of ensuring that the "Right to be Forgotten" is provided for in an appropriate manner in future legislation. The Programme for Government 2025- Securing Ireland’s Future commits to legislate for a ‘Right to be Forgotten’ for cancer...

Written Answers — Department of Finance: Artificial Intelligence (18 Feb 2025)

Paschal Donohoe: I can confirm for the Deputy that the government approved Interim Guidelines for the Use of Artificial Intelligence (AI) in the Public Service in January 2024. I can confirm that my department follows these guidelines and that these guidelines were circulated to all staff within my department. My department also follows guidance from the National Cyber Security Centre (NCSC) released in...

Written Answers — Department of Finance: State Bodies (19 Feb 2025)

Paschal Donohoe: I wish to advise the Deputy that the Office of the Government Chief Information Officer (OGCIO) provides my department’s digital and IT systems used for normal business activities, and is responsible for the development and maintenance of those systems. In addition to the main IT system, my department has engaged other suppliers to support certain business activities, and the spend...

Written Answers — Department of Finance: Defective Building Materials (19 Feb 2025)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of the EU VAT Directive with which Irish VAT law is obliged to comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within the categories of goods and services listed in Annex III, in respect of which Member States may apply a lower rate. Building...

Written Answers — Department of Finance: Arts Council (19 Feb 2025)

Paschal Donohoe: The Department of Finance was made aware of this matter following the Government meeting of 12 February and there has been no correspondence with the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media relating to this issue.

Written Answers — Department of Finance: Tax Exemptions (19 Feb 2025)

Paschal Donohoe: The current thresholds for the income tax age exemption are €18,000 per annum where an individual is aged 65 years or over, and €36,000 per annum for married couples and civil partners, jointly assessed to tax, where either individual is aged 65 or over. The relevant income thresholds may be increased further if the individual has a qualifying child. Additionally, marginal...

Written Answers — Department of Finance: Departmental Expenditure (19 Feb 2025)

Paschal Donohoe: I wish to advise the Deputy, that the Department of Finance has had no overspends exceeding €500,000 on projects undertaken or commissioned by the Department in the timeframe specified. The Central Bank is a body under the aegis of my Department and have provided the requested information below. It was not possible for the National Treasury Management Agency to respond to the...

Written Answers — Department of Finance: Flexible Work Practices (19 Feb 2025)

Paschal Donohoe: I wish to inform the Deputy that there are no changes planned to my Department's Blended Working arrangements. My Department published its Blended Working Policy in July 2022 which was developed in line with the parameters of the Civil Service Blended Working Framework. The Department adopts a flexible and sustainable approach to remote working which allows staff to do so on a blended...

Written Answers — Department of Finance: Land Issues (19 Feb 2025)

Paschal Donohoe: Finance Act 2021 introduced Part 22A Residential Zoned Land Tax (RZLT) into the Taxes Consolidation Act 1997. RZLT is designed to prompt residential development by owners of land that satisfies the relevant criteria for the tax, that being that the land is zoned for residential or mixed-use (including residential) purposes and that is serviced. RZLT is an annual tax, calculated at a rate...

Written Answers — Department of Finance: Departmental Contracts (19 Feb 2025)

Paschal Donohoe: I have been advised by the NTMA that since 24th March 2023 (the start date of the current 24 month contract), they have paid a total of €1,130,042 to Rothschild & Co. for work undertaken as independent financial advisor to the Department of Finance. This amount covers work undertaken on six separate successfully completed share sale transactions. It is important to note...

Written Answers — Department of Finance: Tax Avoidance (19 Feb 2025)

Paschal Donohoe: I propose to take Questions Nos. 66 and 67 together. I am advised by Revenue that a total of 1,332 tax avoidance cases were closed (all in 2017) as a result of the application of the time limit, as set out in the response to Parliamentary Question No. 48 of 6 February 2025. A Revenue official has the right to make enquiries and make or amend assessments outside the normal four year...

Written Answers — Department of Finance: Tax Reliefs (20 Feb 2025)

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 of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. The level of support available to first time buyers under the HTB...

Written Answers — Department of Finance: Film Industry (20 Feb 2025)

Paschal Donohoe: As part of Budget 2025, two new incentives were introduced for the audio-visual sector. The section 481 film tax credit has been amended to provide for an uplift of 8% to the existing rate of 32% for small to medium sized productions with a maximum qualifying expenditure of €20 million, and a new audio-visual credit has also been introduced for Unscripted Productions. The Tax...

Written Answers — Department of Finance: Housing Policy (20 Feb 2025)

Paschal Donohoe: The Help to Buy (“HTB”) incentive is a scheme to assist first-time purchasers with the deposit they require to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. Based on the latest available data (30 November...

Written Answers — Department of Finance: Housing Schemes (20 Feb 2025)

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 of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. The legislation governing the HTB scheme is set out in section 477C...

Written Answers — Department of Finance: Revenue Commissioners (20 Feb 2025)

Paschal Donohoe: In October 2023 as part of the budget 2024 speech, the then Minister for Finance announced his intention to introduce a domestic tax on e-cigarettes and vaping products in budget 2025 and he instructed his Department to work with Revenue on the development of a suitable tax. Following in-depth engagement between the Department of Finance and Revenue on the design of such a measure, proposals...

Written Answers — Department of Finance: Housing Schemes (20 Feb 2025)

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 of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. The level of support available to first time buyers under the HTB...

Written Answers — Department of Finance: Social Welfare Payments (20 Feb 2025)

Paschal Donohoe: Carers play a fundamental supporting role in society and Government are committed to supporting individuals and families with caring responsibilities. This is acknowledged by the broad range of commitments in the Programme for Government to improving supports and ensuring that the social welfare system is progressive and empowers people with a disability. To answer the Deputy's specific...