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Written Answers — Department of Public Expenditure and Reform: Brexit Issues (1 Jun 2017)

Paschal Donohoe: Brexit issues in my Department are coordinated centrally by the Department's Brexit/EU/North South Unit.  The Unit oversees Brexit work across the Department and acts as the contact point with the Department of the Taoiseach and other Government Departments.  It is represented on the Inter-Departmental Group on Brexit and related groups, and supports me in my work as a member of the...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Regulations (1 Jun 2017)

Paschal Donohoe: Procurement reform is a key element of the Government's overall reform programme and is aimed at delivering increased value for money, more accurate and timely data and improvement in the capacity and capability of procurement across the public service.  The fragmented procurement arrangements across the public service facilitated amongst other things suppliers charging...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Recruitment (1 Jun 2017)

Paschal Donohoe: As the Deputy will be aware, in my role as Minister for Public Expenditure and Reform, I have overarching responsibility for workforce planning and recruitment to the Civil Service. In Budget 2015, it was announced that there will be a targeted programme of recruitment into the Civil Service to address service needs and a shortfall in key skills commencing in late 2014...

Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)

Paschal Donohoe: The Deputy is looking very beautiful.

Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)

Paschal Donohoe: We are listening to the Deputy.

Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)

Paschal Donohoe: He is not reciprocating. He is not responding.

Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)

Paschal Donohoe: I begin by recognising the contribution and achievement of the former Minister for Finance, Deputy Michael Noonan. It is an honour to follow in his footsteps in leading the Department of Finance in addition to my current responsibilities at the Department of Public Expenditure and Reform. In the budget that I had the honour of introducing in the House with the former Minister, Deputy...

Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)

Paschal Donohoe: This is a Cabinet and a Taoiseach that will be working night and day, conscious of what needs to be done and what we need to achieve but also conscious of the journey that our country has made.

Written Answers — Department of Finance: Customs and Excise Controls (20 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 203 and 204 together. The Government’s position in relation to the border with Northern Ireland in the context of Brexit is very clear and has been articulated by the Taoiseach on several occasions.  Continued freedom of movement, absence of a “hard” border, and protection of the Good Friday Agreement are key objectives for the...

Written Answers — Department of Finance: Brexit Issues (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that the details of intergroup transfers of assets are not separately identified on the relevant tax returns. The Deputy may also be interested to note that, in the majority of situations, tax on capital gains realised by corporate entities is reported with and paid as part of their Corporation Tax liability. As such, there is no reliable basis upon which to...

Written Answers — Department of Finance: Brexit Issues (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that there is ongoing engagement with the business community through meetings with business/trade representative groups, attendance at various Brexit events throughout the country and at meetings of the Customs Consultative Committee (CCC), representing the logistics, import and export sectors. Up to the present, the engagement has been for the purpose of listening to...

Written Answers — Department of Finance: European Investment Bank Loans (20 Jun 2017)

Paschal Donohoe: From the outset, I should make absolutely clear that Ireland does not have, nor has sought, a precautionary lending plan from any international body.  The Deputy may be referring to references to a possible precautionary line of credit through the European Stability Mechanism (ESM) at the time of our exit from the EU-IMF Programme of Assistance at the end of 2013. Again,...

Written Answers — Department of Finance: Company Liquidations (20 Jun 2017)

Paschal Donohoe: The Liquidator for Setanta has informed me that there are currently 320 claims ready for settlement and listed for inclusion in the next application for payment from the ICF which will shortly be reviewed by the State Claims Agency.  These include both personal injury and damage claims, and associated legal costs where applicable. The range of values is as follows: Claim Range No. of...

Written Answers — Department of Finance: State Banking Sector (20 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 209 and 210 together. In July 2011, the State purchased 13,123m units of ordinary shares as part of Bank of Ireland’s rights issue. Each unit of stock cost 10 cent and the total cost to the State of this investment was €1,312m. At the time of participating in the rights issue, it was always the intention to on-sell a substantial portion of this...

Written Answers — Department of Finance: Tax Reliefs Application (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that the application for relief referred to was first refused, by letter dated 19 May 2016, as the company was deemed not to be a qualifying new venture, as required under section 493(1)(d) of the Taxes Consolidation Act 1997. The trade existed as a sole trader prior to being incorporated as a company.  This position was again notified to the company by letter...

Written Answers — Department of Finance: Trade Relations (20 Jun 2017)

Paschal Donohoe: I have been advised by the Department of Jobs, Enterprise and Innovation that Enterprise Ireland has organised several trade delegations to Iran in 2016 and 2017, as well as facilitating Enterprise Ireland client companies to explore the potential of the Iranian market. Enterprise Ireland will take these activities further next month (July) with a seminar on doing business in...

Written Answers — Department of Finance: Disabled Drivers Grant Eligibility (20 Jun 2017)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT, up to a certain limit, on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a fuel grant, and an exemption from Motor Tax. To qualify for the Scheme an applicant must be in possession of a Primary Medical...

Written Answers — Department of Finance: Insurance Levy (20 Jun 2017)

Paschal Donohoe: The failure of Setanta Insurance and the uncertainty that followed over the compensation arrangements for claimants created doubts around the current insurance compensation framework which has now been clarified by the Supreme Court.  However, there has been a general view that consideration should be given to ensuring 100% third party payments in any future motor...

Written Answers — Department of Finance: Motor Insurance Coverage (20 Jun 2017)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept.  This...

Written Answers — Department of Finance: Motor Insurance Coverage (20 Jun 2017)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept.  This...

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