Results 8,381-8,400 of 9,230 for speaker:Jack Chambers

Written Answers — Department of Finance: Tax Credits (1 Oct 2024)

Jack Chambers: 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 they are unable to prepare estimates of the numbers of taxpayers who are eligible to claim the RTC, as the data available...

Written Answers — Department of Finance: Tax Code (1 Oct 2024)

Jack Chambers: The VAT treatment of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the Directive provides that all goods and services are liable to VAT, and that VAT is paid by the final consumer. EU law allows for certain historic VAT treatments to be maintained by a Member State under certain strict conditions, including that a historic treatment cannot...

Written Answers — Department of Finance: Revenue Commissioners (1 Oct 2024)

Jack Chambers: I am advised by Revenue that its Large Cases – High Wealth Individuals Division (LC-HWID) was expanded under internal realignment earlier this year. The division now includes three Financial Services branches and has been renamed High Wealth and Financial Services Division. The statistics in the table refer to the original LC-HWID. LC-HWID had responsibility for the following...

Written Answers — Department of Finance: Middle East (1 Oct 2024)

Jack Chambers: I have been informed by the Central Bank that they held approximately €17bn of Investment Assets at the end of 2023, mostly invested in government bonds and other high-quality fixed income (bond) instruments issued by multilateral development banks, supranational organisations and government-linked agencies. The Central Bank of Ireland does not directly invest in Israeli...

Written Answers — Department of Finance: Revenue Commissioners (1 Oct 2024)

Jack Chambers: I am advised by Revenue that a multifaceted approach is taken to tackling the misuse of marked fuels. Under Council Directive 95/60/EC of 27 November 1995 on fiscal marking of gas oils and kerosene, all Member States must apply a common fiscal marker, referred to as the Euromarker, to any gas oil and kerosene to which a reduced rate of excise duty applies. Commission Implementing Decision...

Written Answers — Department of Finance: Departmental Policies (1 Oct 2024)

Jack Chambers: There is a strong consumer protection framework in place, which is overseen by the Central Bank of Ireland, that seeks to ensure that all regulated entities are transparent and fair in all their dealings with borrowers and that borrowers are protected from the beginning to the end of the mortgage life cycle. This consumer protection framework applies to entities that provide mortgages to...

Written Answers — Department of Finance: Electric Vehicles (1 Oct 2024)

Jack Chambers: Finance (No.2) Act 2023 extended the benefit-in-kind (BIK) tapered relief available for electric vehicles (EVs) to 2027. This means that for an electric car/van made available for an employee’s private use during the years 2024 to 2027, the cash equivalent will be calculated based on the actual original market value (OMV) of the vehicle, reduced by: • €35,000 in respect...

Written Answers — Department of Finance: Tax Code (1 Oct 2024)

Jack Chambers: I am advised by Revenue that they were in contact with the person concerned on 20 September 2024 regarding the Capital Acquisitions Tax (CAT) liability arising from their purchase of the family home. The person has been advised to submit a Capital Acquisitions Tax (CAT) Form IT38 to establish the exact CAT liability. In addition, the person was made aware of the different payment options...

Written Answers — Department of Finance: Tax Code (1 Oct 2024)

Jack Chambers: I am advised by Revenue that the Value Added Tax (Refund of Tax Order) (No. 15) Order 1981, S.I. 428 of 1981, provides for the refund of VAT incurred on qualifying goods for the use of persons with a disability. The conditions of the Refund Order include providing evidence that the person has a disability, and that the goods are for the purpose of assisting them to overcome their disability...

Written Answers — Department of Finance: Housing Schemes (1 Oct 2024)

Jack Chambers: The rent-a-room relief (contained in section 216A Taxes Consolidation Act 1997 (TCA)) provides that, where an individual rents a room or rooms in their home as residential accommodation, the individual is treated, for income tax purposes, as not having any income from the letting where the gross rent received (including sums for food, laundry or similar goods and services), does not exceed...

Written Answers — Department of Finance: Tax Code (1 Oct 2024)

Jack Chambers: The VAT treatment of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In accordance with the EU VAT Directive, farmers can elect whether or not to register for VAT in respect of their farming business, and this affects how VAT incurred on their inputs (such as the purchase of farm equipment) is treated. Farmers who elect to register for VAT are obliged to...

Written Answers — Department of Finance: Financial Services (1 Oct 2024)

Jack Chambers: Ireland has a robust consumer protection framework in place to support consumers of financial services. Ireland is a signatory to the G20/OECD High-Level Principles of Financial Consumer Protection and in September 2023, my Department published a Roadmap on Financial Consumer Protection. The Central Bank's Consumer Protection Code is a cornerstone of Ireland's consumer protection...

Written Answers — Department of Finance: Departmental Data (1 Oct 2024)

Jack Chambers: I am advised by Revenue that the number of Category A vehicles registered for VRT with an open market selling price (OMSP) between €70,000 and €100,000, and above €100,000, to the end of August 2024 is provided in the following table. These figures are provisional. Time period OMSP between €70,000 and €100,000 OMSP >...

Written Answers — Department of Finance: Official Engagements (1 Oct 2024)

Jack Chambers: In the time available, the diaries of the offices of the Minister for Finance and of the Minister of State at the Department of Finance have been examined in line with the Deputy’s question. The records show that the former Minister of State at the Department of Finance, Deputy Jennifer Carroll MacNeill, attended a lunchtime meeting with the former Israeli Ambassador to Ireland,...

Written Answers — Department of Finance: Departmental Consultations (1 Oct 2024)

Jack Chambers: No advice, briefings or consultations with communications consultants, public relations or affairs firms have been sought or paid for by the Department of Finance in 2022, 2023 or to date in 2024.

Written Answers — Department of Finance: Departmental Correspondence (2 Oct 2024)

Jack Chambers: HomeBond is one of the providers of latent defect insurance, also known as structural defect insurance (SDI). This type of insurance offers a 10-year warranty that covers major structural defects in new buildings after construction. The object of SDI is to provide cover for a stated length of time in respect of the repair of major structural defects in new homes. Regarding Government...

Written Answers — Department of Finance: Departmental Contracts (2 Oct 2024)

Jack Chambers: The costs incurred in the State for the Apple case, to summer 2024, are estimated to be approximately €10.3 million of which approximately €4.2 million relates to the recovery process. These fees have been paid by various State entities over the course of the case. It is not possible to estimate the final costs of the case at this time but a tabulated breakdown of expenditure,...

Written Answers — Department of Finance: Departmental Schemes (2 Oct 2024)

Jack Chambers: 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...

Ceisteanna ó Cheannairí - Leaders' Questions (3 Oct 2024)

Jack Chambers: The Minister, Deputy Foley, announced details of an unprecedented education budget of €11.8 billion. Part of the €9 million which has been allocated for new mobile phone pouches to support schools is to implement a policy which is about mental health, well-being and the dignity of children. Deputy Doherty should never play politics when it comes to the mental health of young...

Ceisteanna ó Cheannairí - Leaders' Questions (3 Oct 2024)

Jack Chambers: -----or of children in schools in our communities.