Results 32,081-32,100 of 33,289 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Primary Medical Certificates (19 Mar 2025)

Paschal Donohoe: I propose to take Questions Nos. 374 and 441 together. The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit-for-purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. ...

Written Answers — Department of Finance: Primary Medical Certificates (19 Mar 2025)

Paschal Donohoe: The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit-for-purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. However, this is very much a matter for Government as...

Written Answers — Department of Finance: Tax Credits (19 Mar 2025)

Paschal Donohoe: I propose to take Questions Nos. 376, 384, 391, 394, 395, 404 and 412 together. Section 114 of the Taxes Consolidation Act (“TCA”) 1997 provides for a tax deduction in respect of expenses incurred wholly, exclusively and necessarily by an individual in the performance of the duties of his or her employment. I am informed by Revenue that the flat rate expense...

Written Answers — Department of Finance: EU Directives (19 Mar 2025)

Paschal Donohoe: Across the EU, the taxation of tobacco products is governed by the Tobacco Products Tax Directive (2011/64/EU) which sets out EU rules on the structure and rates of excise duty applied to manufactured tobacco. The Directive defines and classifies various manufactured tobacco products according to their characteristics and lays down the relevant minimum rates of excise duty to be applied by...

Written Answers — Department of Finance: Inflation Rate (19 Mar 2025)

Paschal Donohoe: Legislation for E-Liquid Products Tax (EPT) was enacted in Finance Act 2024 and is subject to commencement by Ministerial Order. I expect to commence EPT later this year. This allows Revenue the necessary time to set up the information technology, administrative, operational and compliance systems and processes required to administer and collect the new tax. Under the new law, EPT will...

Written Answers — Department of Finance: Insurance Industry (19 Mar 2025)

Paschal Donohoe: I propose to take Questions Nos. 379 and 380 together. As the Deputy is aware, the European Insurance and Occupational Pensions Authority (EIOPA) is a European Union financial regulatory institution which acts as an independent advisory body to the European Commission, the European Parliament and the Council of the European Union. Its mission is to protect the public interest by...

Written Answers — Department of Finance: Tax Reliefs (19 Mar 2025)

Paschal Donohoe: I propose to take Questions Nos. 381 and 385 together. I am advised by Revenue that, prior to 1 January 2023, where the combined contributions by an employer and an employee to the employee’s Personal Retirement Savings Account (PRSA) did not exceed the employee’s annual percentage limit, as set out in section 787E(1) Taxes Consolidation Act 1997 (TCA), the contributions...

Written Answers — Department of Finance: Departmental Communications (19 Mar 2025)

Paschal Donohoe: MIPIM is an international property and real estate conference that takes place each year in France. This year, the four-day conference was expected to attract over 20,000 delegates, from over 90 countries, including investors managing an estimated €4trn in assets, as well as government ministers, senior civil servants from around the world, and the mayors of major cities like London,...

Written Answers — Department of Finance: National Treasury Management Agency (19 Mar 2025)

Paschal Donohoe: The National Treasury Management Agency (NTMA) have informed me that MIPIM is an international property and real estate conference that takes place each year in France. This week, the four-day conference will attract over 20,000 delegates, including investors managing an estimated €4-5trn in assets, as well as Government Ministers, senior civil servants from around the world, and the...

Written Answers — Department of Finance: Tax Code (19 Mar 2025)

Paschal Donohoe: I am advised by Revenue that the VAT inclusive percentage additional cost to a litre of petrol and auto diesel arising from the scheduled Mineral Oil Tax Carbon Charge increases to 2030, is estimated at 5.83% and 6.85% respectively. The table below sets out the percentage increase using a benchmark retail price per litre for petrol (€1.781) and auto diesel (€1.754), as at...

Written Answers — Department of Finance: Housing Provision (19 Mar 2025)

Paschal Donohoe: The Government believes that the State has a significant role to play in the housing market. Budget 2025 included a record €6 billion in capital spending for housing, including direct Exchequer spending, investment by the Land Development Agency and borrowing by the Housing Finance Agency. This increased level of public spending supports the State’s involvement in every...

Written Answers — Department of Finance: Banking Sector (19 Mar 2025)

Paschal Donohoe: I can advise the Deputy that, in respect of securitisations, as defined in Regulation (EU) 2017/2402 (the Securitisation Regulation), any entity, including banks, that wishes to engage in securitisation issuance, regardless of underlying collateral (e.g. residential mortgages), must notify the Central Bank of Ireland of same. Article 7 of the Securitisation Regulation, supplemented by...

Written Answers — Department of Finance: Financial Services (19 Mar 2025)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) is an independent, impartial, fair and free service that helps resolve complaints from consumers, including small businesses, against financial service providers and pension providers. The FSPO publishes its Overview of Complaints on an annual basis, and it contains the information set out below. The FSPO is expected to publish the full...

Written Answers — Department of Finance: Tax Code (19 Mar 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. Breastfeeding...

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

Paschal Donohoe: I am advised by the Revenue Commissioners that, in general, Capital Gains Tax (CGT) is chargeable on a gain arising on the disposal of an asset, including a residential property, at the rate of 33%. The first €1,270 of chargeable gains of an individual in any year are exempt from CGT. Section 604 of the Taxes Consolidation Act, 1997 provides relief from CGT on the disposal of an...

Written Answers — Department of Finance: Tax Code (19 Mar 2025)

Paschal Donohoe: As the Deputy will be aware, the Programme for Government, Securing Ireland’s Future, includes a commitment to “Consider measures, in conjunction with the Department of Finance, to encourage gym membership and active participation in sport and exercise.” In line with best practice, proposals for the introduction of new tax measures or the amendment of existing tax...

Written Answers — Department of Finance: Tax Data (19 Mar 2025)

Paschal Donohoe: The Rent Tax Credit (RTC), as provided for in section 473B of the Taxes Consolidation Act 1997 (TCA 1997), was introduced by the Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025. I am informed by Revenue that 313,980 taxpayer units nationwide claimed the rent tax credit for 2022. This number includes both PAYE and self-assessed...

Written Answers — Department of Finance: Housing Provision (19 Mar 2025)

Paschal Donohoe: Budget 2025 included a record €6 billion in capital spending for housing, including direct Exchequer spending, investment by the Land Development Agency and borrowing by the Housing Finance Agency. This level of public spending supports the State’s involvement in every aspect of housing — land purchase, construction, purchasing and funding through a number of channels for...

Written Answers — Department of Finance: Departmental Staff (19 Mar 2025)

Paschal Donohoe: Recruitment for my Department is carried out in the main by PublicJobs. Once a candidate is under consideration for a position, several pre-employment checks including Garda Vetting are completed before the candidate is deemed suitable for appointment to the Department. When my Department recruits directly, Garda Vetting is carried out via PublicJobs. Those bodies under the aegis of my...

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

Paschal Donohoe: My Department, the Department of Health and Revenue have, for some time, been aware of issues which arose from contractual arrangements within the General Practitioner (GP) community whereby some GPs treat income under their General Medical Services (GMS) contract as income of a GP practice in which they are a partner or an employee, rather than income of that individual GP. In accordance...