Results 31,961-31,980 of 33,289 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Industry (26 Feb 2025)

Paschal Donohoe: At the outset, it is important to note that while as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, my Department does not collect the type of information being sought by the Deputy. The day to day supervision of insurance undertakings is a matter for the Central Bank of Ireland. The insurance industry itself is broadly...

Written Answers — Department of Finance: Insurance Industry (26 Feb 2025)

Paschal Donohoe: I would like to thank the Deputy for raising this important matter and would like to assure you that the Government is committed to ensuring that the "Right to be Forgotten" is provided for in an appropriate manner in future legislation. Insurance Ireland published the Code of Practice for Underwriting Mortgage Protection Insurance for Cancer Survivors in December 2023. The purpose of the...

Written Answers — Department of Finance: Tax Code (26 Feb 2025)

Paschal Donohoe: Revenue’s clear policy objective is to engage positively with insolvent companies who enter the examinership process, where possible. Revenue is committed to being a constructive participant in such cases. Revenue is a notice party to all applications for examinerships. The Courts rely on Revenue’s opinion, not just to protect tax liabilities but also to protect other...

Written Answers — Department of Finance: Banking Sector (26 Feb 2025)

Paschal Donohoe: In general any entity involved in the business of providing credit to consumers has to be authorised as a credit institution, a credit union or a retail credit firm and any non-bank or non-retail credit firm who subsequently services or acquires the legal title to the rights of the creditor under such an credit agreement has to be authorised as a credit servicing firm. In its...

Written Answers — Department of Finance: Housing Schemes (26 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. It also has as a key aim of the encouragement of additional supply of new houses by supporting demand. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to...

Written Answers — Department of Finance: Tax Avoidance (26 Feb 2025)

Paschal Donohoe: I propose to take Questions Nos. 99 and 100 together. I am advised by Revenue that “relevant benefits” as defined in section 770 Taxes Consolidation Act 1997 (TCA) means “any pension, lump sum, gratuity or other like benefit – (a) given or to be given on retirement or on death or in anticipation of retirement, or, in connection with past service, after...

Written Answers — Department of Finance: Tax Avoidance (26 Feb 2025)

Paschal Donohoe: I am informed by Revenue that there is a continuous focus on compliance across pension schemes, identifying and confronting non-compliant behaviour. I am further advised by Revenue that there is an ongoing compliance programme examining the taxation of schemes transferred overseas. Approximately 20 cases have been identified for intervention as part of this programme.In addition,...

Written Answers — Department of Finance: Tax Avoidance (26 Feb 2025)

Paschal Donohoe: I propose to take Questions Nos. 102 and 103 together. I am advised by Revenue that the number of declarations received by Revenue in relation to the transfer of a pension arrangement to EU Member States since 2016 is as follows: Country Transfers Austria <10 Belgium <10 Cyprus ...

Written Answers — Department of Finance: Tax Avoidance (26 Feb 2025)

Paschal Donohoe: I am advised by Revenue that, as set out in the response to Parliamentary Questions No. 46 to 54 of 6 February 2025, settlements in such cases as those referred to by the Deputy can consist of yield relating to avoidance transactions and non-avoidance transactions. Therefore, it has not been possible in the time available to finalise all of this data. I am advised by Revenue that the...

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: The Government and all of my colleagues on this side of the House absolutely understand the consequences of the uncertainty of the world that we are now in and what that means for households and businesses. We see a world that has become more dangerous, more volatile and full of uncertainty. We on this side of the House are absolutely aware of the concern and anxiety that is causing for...

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: It is interesting Deputy Cullinane should bring up the election because he is representing the most unsuccessful opposition party in Europe at present. It is the only opposition party that managed to go into an election at a time prices were high and lose votes.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: It lost votes. The reason it lost votes is because the people of Ireland knew the economic policies it was bringing forward were not credible.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: If you promise everything, you are for nothing. You were seen through at that time.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: I have noticed the trend that Sinn Féin has now, whereby it grows unhappy when I interrupt its heckling. This will not deter me-----

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: -----and it will not deter the Government from doing two things-----

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: -----first, from calling out the fact that Sinn Féin's economic policies and solutions were seen through.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: Where would we be now if we had followed its policies and been entering into a scenario with a Government borrowing while jobs were at risk.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: That is what Sinn Féin offered. It was seen through.

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: As I said, despite the best efforts of the Sinn Féin Opposition-----

Ceisteanna ó Cheannairí - Leaders' Questions (6 Mar 2025)

Paschal Donohoe: -----the Government will be honest in how we can help.