Results 32,261-32,280 of 33,289 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Fiscal Data (1 Apr 2025)

Paschal Donohoe: The Exchequer currently has no bilateral loans from other States. As part of the Joint EU-IMF Programme of Financial Support which Ireland entered in late 2010, Ireland borrowed bilaterally from the UK, Sweden, and Denmark. However, each of those bilateral loans has been fully repaid, with those from Sweden and Denmark repaid in late 2017 and the loan from the UK repaid over the period...

Written Answers — Department of Finance: Middle East (1 Apr 2025)

Paschal Donohoe: As the Deputy is aware, St Patrick’s Day, and the programmes of engagement that are built around it, presents the Government with a unique opportunity to showcase Ireland and to further deepen links with our counterparts and countries around the world. The main focus of my visit to Germany was to promote Irish trade, tourism and investment and to connect with the German-Irish...

Written Answers — Department of Finance: Question Heading for question(s) 334 (1 Apr 2025)

Paschal Donohoe: As Minister for Finance, I have policy responsibility for the development of the legal framework governing financial services regulation, including for the insurance sector. In terms of zoning and mapping for the purposes of assessing the level of risk that an insurer is willing to underwrite in relation to individual properties, please be aware that insurers use their own modelling tools...

Written Answers — Department of Finance: Departmental Data (1 Apr 2025)

Paschal Donohoe: To better understand the potential impact of protectionism on the Irish economy, my Department and the ESRI recently published an analytical paper where several scenarios were modelled. The analysis focuses on the impact of tariffs and does not estimate the impact of certain broader protectionist measures, including potential changes to the US tax code. While the latter could have a material...

Written Answers — Department of Finance: Housing Policy (1 Apr 2025)

Paschal Donohoe: The Central Bank of Ireland is responsible for regulating and supervising the provision of mortgage and other credit to consumers by regulated financial services providers. In line with this mandate, the Central Bank has adopted macro prudential residential mortgage lending requirements which, with a certain level of flexibility for lenders, sets maximum loan to value (LTV) and loan to income...

Written Answers — Department of Finance: Housing Schemes (1 Apr 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 an aim the encouragement of additional supply of new houses by supporting demand. I am advised by Revenue that the total costs for fully approved Help to Buy (HTB) claims for the years 2017 to 2024, including retrospective cases...

Written Answers — Department of Finance: Tax Reliefs (1 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 338 and 339 together. Section 482 of the Taxes Consolidation Act 1997 was introduced for the purpose of assisting the preservation of our built heritage, by giving tax relief to the owners or occupiers of significant buildings or gardens on the expenditure incurred by them on the repair, maintenance and restoration of those properties. This scheme applies to...

Written Answers — Department of Finance: Tax Reliefs (1 Apr 2025)

Paschal Donohoe: Relief from Capital Gains Tax (´CGT´) is available under sections 598 and 599 of the Taxes Consolidation Act 1997 (´TCA 1997´) to individuals aged 55 years or more on the disposal of qualifying business assets. The relief is commonly referred to as retirement relief, although it is not necessary for the individual to retire to qualify for the relief. Section 599 TCA 1997...

Written Answers — Department of Finance: Legislative Measures (1 Apr 2025)

Paschal Donohoe: As the Deputy will be aware, the Department of Finance’s Retail Banking Review was published in November 2022 and contained a number of recommendations. One recommendation was for the Department of Finance to develop access to cash legislation in order to establish a framework to ensure that the future evolution of cash infrastructure in the State will be managed in a fair, orderly,...

Written Answers — Department of Finance: Human Rights (2 Apr 2025)

Paschal Donohoe: The Central Bank of Ireland (CBI) is the competent authority under the Prospectus Regulation, and is an independent regulator, in relation to the execution of its operational and regulatory functions. My officials have consulted with the CBI and they indicated by way of response that the law is clear on the matter. The CBI has to approve a prospectus for the offer of securities to the...

Written Answers — Department of Finance: Local Authorities (2 Apr 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: Disabilities Assessments (2 Apr 2025)

Paschal Donohoe: It is assumed that the Deputy is referring to the appeals process provided by the Disabled Drivers Medical Board of Appeals (DDMBA). The Deputy should note at the outset that the DDMBA operates from the National Rehabilitation Hospital (NRH) in Dún Laoghaire, who provide facilities and secretarial services so that the Board can deliver the appeals process. There are no other dedicated...

Written Answers — Department of Finance: State Bodies (2 Apr 2025)

Paschal Donohoe: Since being appointed to my current role as Minister for Finance I have not had any engagement with either ISIF or with Hackman Capital Partners related to the Greystones Media Campus. My Department's engagement with ISIF has been to seek information in response to queries on the project. ISIF’s involvement as an investor in the project is a commercial matter under its investment...

Written Answers — Department of Finance: State Bodies (2 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 92 and 93 together. The NTMA have informed me that as at 31 December 2023 the ISIF’s direct investments in companies on the UN database totalled approximately €4.2 million in 11 companies. It also outlined that the ISIF’s indirect investments include 8 companies totalling approximately €9.4 million. Information regarding...

Written Answers — Department of Finance: Insurance Coverage (2 Apr 2025)

Paschal Donohoe: As the Deputy may be aware, the Equal Status Acts 2000-2018 are under the remit of the Minister for Justice. The legislation protects against discrimination on nine specific grounds, including age. However, the legislation also provides that people can be treated differently on any of the grounds (except gender) in relation to the provision of annuities, pensions, insurance policies or any...

Written Answers — Department of Finance: Tobacco Control Measures (2 Apr 2025)

Paschal Donohoe: I am advised by Revenue that nicotine pouches are not subject to Tobacco Products Tax or any other specific form of taxation. As such, details of their sale in the State are not returned to Revenue. I am also informed by Revenue that traders are not required to separately identify the yield generated from the sale or supply of specific products or services in their periodic VAT returns....

Written Answers — Department of Finance: Court Judgments (2 Apr 2025)

Paschal Donohoe: Revenue are committed to targeting the illicit tobacco trade and implement a range of measures to identify and target the smuggling, supply or sale of illicit tobacco products with a view to disrupting the supply chain, seizing the illicit product and, where possible, prosecuting those involved. Revenue keeps its operational requirements and arrangements regarding the deployment and use of...

Written Answers — Department of Finance: Departmental Meetings (2 Apr 2025)

Paschal Donohoe: There has not yet been an opportunity to hold a MinMAC meeting since I took office at the end of January, however I will hold such a meeting during the next quarter.

Written Answers — Department of Finance: State Bodies (2 Apr 2025)

Paschal Donohoe: The UN maintains a database of business enterprises involved in certain specified activities relating to settlements in the Occupied Palestinian Territories (OPT). At the end of 2023, ISIF’s direct investments in companies on the UN database totalled approximately €4.2 million in 11 companies. ISIF’s indirect investments included 8 companies totalling approximately...

Written Answers — Department of Finance: Banking Sector (2 Apr 2025)

Paschal Donohoe: The Government is committed to supporting the delivery of new homes of all tenure types, aiming to deliver 303,000 homes from 2025-2030. This year, over €6 billion will be invested in housing, through the Exchequer, the Land Development Agency and via Housing Finance Agency lending. A report by the Department of Finance published in 2024 estimated that an average of €20...