Results 33,061-33,080 of 33,289 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Public Procurement Contracts (24 Jun 2025)

Paschal Donohoe: I wish to inform the Deputy that the details of the number of staff, in my Department, who hold a formal procurement qualification or certification (for example, CIPS, NFQ Level 6 or higher in procurement, EU public procurement training) in set out in the Tables below. Table A sets out the details requested in respect of my Department. Table B sets out the details in respect of bodies under...

Written Answers — Department of Finance: Public Procurement Contracts (24 Jun 2025)

Paschal Donohoe: I wish to advise the Deputy that my department uses standard office software to record current contracts in place. The department has a number of divisions, and each division is responsible for contract management within its own area. My department has a dedicated procurement unit which supports divisions, deals with compliance and keeps a register of all contracts in the department....

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: As you are aware, in October 2024 my predecessor published “Funds Sector 2030: A Framework for Open, Resilient & Developing Markets.” That report set out 42 recommendations to cement Ireland’s position as a leading global hub for funds and asset management. This report sets out a series of recommendations to ensure that, in pursuit of continued growth in the...

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: Chapter 1 of Part 2 of Finance Act 2024 legislates for the introduction of E-liquid Products Tax (EPT). Under the new law, EPT will apply to both nicotine-containing and non-nicotine-containing e-liquid products. Essentially e-liquids are liquids used in e-cigarettes including refill cartridges for refillable devices. Similar to the approach for other national excises, the taxing point will...

Written Answers — Department of Finance: Tax Data (24 Jun 2025)

Paschal Donohoe: I am advised by Revenue that the below table outlines the number of property owners paying LPT on one property, two properties, three properties, four properties, between five and nine, between ten and 19, between 20 and 49, between 50 and 99 and 100 or more, excluding local authorities and AHBs. Number of Properties Owned Number of Owners 1 ...

Written Answers — Department of Finance: Tax Data (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 301 and 302 together. I am advised by Revenue that the total projected local property tax liability for 2026 excluding local authorities and approved housing bodies is not yet available. The figures for 2026 will be impacted by the inclusion of newly built properties, Local Property Tax revaluation, and by the decisions of the Local Authorities regarding...

Written Answers — Department of Finance: Departmental Reports (24 Jun 2025)

Paschal Donohoe: The article the Deputy has supplied refers to a technical issue affecting some links on Gov.ie, resulting from a major system upgrade completed in April 2025. The Office of the Government Chief Information Officer (OGCIO) manages Gov.ie and completed the system upgrade. During the migration of content to the new system, a small number of links became broken and were replaced with...

Written Answers — Department of Finance: Fiscal Data (24 Jun 2025)

Paschal Donohoe: The State invested €20.8bn in AIB between 2009 and 2011. Following settlement of the final AIB share sale announced in June 2025, c. €19.8bn has returned to the State to date from its investment in AIB. This excludes the value of the AIB IPO Warrants held by the Minister. Following the IPO in 2017 and our various share sales, we have reduced the shareholding in AIB from...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: Revenue currently operates automated chatbot technology on the Revenue Online Services Technical Helpdesk to assist taxpayers to resolve common technical issues. In Quarter 3 of 2025, Revenue will also launch on its website an AI assisted chatbot to allow taxpayers query its Tax and Duty Manuals for guidance on issues. Revenue has informed me that it has previously piloted webchat on...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: The Employment Investment Incentive (EII), is provided for under Part 16 of the Taxes Consolidation Act 1997. The relief helps to provide SMEs and start-ups with alternative funding sources. I am advised by Revenue that taxpayers may be entitled to tax relief under the EII for qualifying investments, subject to meeting the various requirements and conditions as set out on the Revenue...

Written Answers — Department of Finance: Revenue Commissioners (24 Jun 2025)

Paschal Donohoe: The Employment Investment Incentive (EII), is provided for under Part 16 of the Taxes Consolidation Act 1997. The relief helps to provide SMEs and start-ups with alternative funding sources. I am advised by Revenue that taxpayers may be entitled to tax relief under the EII for qualifying investments, subject to meeting the various requirements and conditions as set out on the Revenue...

Written Answers — Department of Finance: Departmental Projects (24 Jun 2025)

Paschal Donohoe: I wish to inform the Deputy that the Department of Finance does not currently have any infrastructure projects either commissioned or being built.

Written Answers — Department of Finance: Budget 2026 (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 309 and 310 together. As the Deputy will be aware, there are a number of key staging posts throughout the year leading up to Budget Day. The next stage in the cycle is the Summer Economic Statement, which sets outs the budgetary parameters. This will be published next month. The date on which Budget 2026 will be presented to the Oireachtas will be also...

Written Answers — Department of Finance: Tax Strategy Group (24 Jun 2025)

Paschal Donohoe: The Deputy will be aware that the Tax Strategy Group (TSG) is in place since the early 1990s and is chaired by the Department of Finance, with membership comprising senior officials and political advisers from a number of Civil Service Departments and Offices. Papers on various options for tax policy changes are prepared annually for the Group by Department of Finance officials. Papers...

Written Answers — Department of Finance: Tax Exemptions (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 312 and 313 together. Vacant Homes Tax (VHT) was a measure announced in Budget 2023, which aims to increase the supply of homes for rent or purchase to meet demand. I am advised by Revenue that both Local Property Tax and Vacant Homes Tax apply to habitable residential properties that are in use as, or are suitable for use as, a dwelling. VHT operates...

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: I propose to take Questions Nos. 314 and 315 together. In regard to the Deputy’s questions, the structure of the Irish personal income tax system does not provide for a minimum effective tax rate and so it is not possible to perform the analysis requested. An individual will normally pay income tax, PRSI and USC on their employment income and earnings, and the rates at which they...

Written Answers — Department of Finance: Tax Code (24 Jun 2025)

Paschal Donohoe: Section 1025 of the Taxes Consolidation Act (“TCA”) 1997 provides for the tax treatment of payments made under a maintenance arrangement by one party of a marriage to another, where parties to the marriage are not jointly assessed to tax. A maintenance arrangement for the purposes of section 1025 TCA 1997, means an order of a court, rule of court, deed of separation, trust,...

Written Answers — Department of Finance: Insurance Industry (24 Jun 2025)

Paschal Donohoe: Neither I as Minister for Finance, nor the Central Bank of Ireland, can intervene in the provision or pricing of insurance products. This position is reinforced by the EU framework for insurance (the Solvency II Directive). Officials in my Department engage regularly with Insurance Ireland – the official industry body – on a range of insurance related issues. Insurance...

Written Answers — Department of Finance: Illicit Trade (24 Jun 2025)

Paschal Donohoe: I am advised by Revenue that it uses a range of measures to tackle the illicit tobacco trade. At the core of these measures is identifying and targeting the smuggling of illicit tobacco products into the State, with a view to disrupting the supply chain, seizing the products and, where possible, prosecuting those involved. Revenue’s strategy involves developing and sharing intelligence...

Written Answers — Department of Finance: Financial Services (24 Jun 2025)

Paschal Donohoe: There is a legal and regulatory macro prudential and consumer protection framework in place which governs the provision of residential mortgages to consumers by banks and other Central Bank regulated mortgage providers. There are a number of consumer protection requirements governing the provision of mortgage credit to consumers. For example, the European Union (Consumer Mortgage Credit...