Results 9,281-9,300 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Stability and Growth Pact (29 Jun 2017)

Paschal Donohoe: The two key pillars of the Preventive Arm of the Stability and Growth Pact (SGP) are the Balanced Budget Rule, which uses the structural balance and the expenditure benchmark. A deviation in excess of 0.5 per cent of GDP from either or both of the rules may lead to a warning of a significant deviation from the European Commission following an overall assessment that takes all relevant...

Written Answers — Department of Finance: EU Investigations (29 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 104 to 106, inclusive, together. Notwithstanding the appeal in the Apple State Aid case, the Government is committed to complying with the binding legal obligations the Commission’s Final Decision places on Ireland. Apple therefore must be deprived of the benefit of the alleged aid. The sums will be placed into an escrow fund with the proceeds...

Written Answers — Department of Finance: NAMA Loans Sale (29 Jun 2017)

Paschal Donohoe: I am advised by NAMA that, as the loans secured by the Project Shift properties were included in the Project Eagle loan portfolio, it is likely that the recently established Commission of Investigation, which is under the remit of the Department of An Taoiseach, will consider that Project Shift falls within its terms of reference.  On that basis, I am advised by NAMA that...

Written Answers — Department of Finance: Bullying in the Workplace (29 Jun 2017)

Paschal Donohoe: I am satisfied that an anti-bullying policy is in place in the Department of Finance and Bodies under the Aegis of my Department.  The Department is guided by the Dignity at Work (the anti-bullying, harassment and sexual harassment) Policy for the Civil Service which was revised by the Department of Public Expenditure and Reform and came into effect in February 2015.  This Policy...

Written Answers — Department of Finance: Small and Medium Enterprises Debt (29 Jun 2017)

Paschal Donohoe: The Deputy may be aware that the Central Bank is proactively regulating the financial system and has issued regulations aimed at protecting SMEs.  Following a review in 2015 of the Central Bank Code of Conduct for Business Lending to Small and Medium Sized Enterprises, the Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises)...

Written Answers — Department of Finance: Consumer Protection (29 Jun 2017)

Paschal Donohoe: As the Deputy may be aware, provision 3.11 of the Central Bank’s Consumer Protection Code 2012 requires that, where a regulated lender intends to transfer all or part of its ‘regulated activities’ to another regulated entity, it must provide advance notification to both the Central Bank and affected consumers.  Specifically, a lender must provide a consumer with at...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (29 Jun 2017)

Paschal Donohoe: The actuarial tables currently in use for calculating transfer values via the Public Service Transfer Network (PSTN) are as follows. These tables are subject to review periodically. The tables are for use in calculating the values of retirement benefits included on the information forms. They should not be used in cases where a transfer value falls to be paid on foot of a Pension Adjustment...

Written Answers — Department of Public Expenditure and Reform: Bullying in the Workplace (29 Jun 2017)

Paschal Donohoe: In response to the Deputy’s question, my Department and the bodies under its aegis have anti-bullying policies in place in accordance with the Civil Service Dignity at Work policy.  My Department is committed to promoting respect, dignity, safety and equality in our workplace. The Dignity at Work policy is accessible to all staff and provides awareness regarding the...

Written Answers — Department of Public Expenditure and Reform: Bullying in the Workplace (29 Jun 2017)

Paschal Donohoe: In response to the Deputy’s question, my Department and the bodies under its aegis have anti-bullying policies in place in accordance with the Civil Service Dignity at Work policy. My Department is committed to promoting respect, dignity, safety and equality in our workplace. The Dignity at Work policy is accessible to all staff and provides awareness regarding the steps which...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (29 Jun 2017)

Paschal Donohoe: This Government is strongly committed to increasing public funding for capital investment in Ireland over the next four years and beyond in order to meet key infrastructural requirements in areas such as transport, broadband, education, health and flood defences. The Programme for a Partnership Government committed to additional capital investment over the period of...

Written Answers — Department of Finance: Brexit Negotiations (4 Jul 2017)

Paschal Donohoe: The Government’s position in relation to the border with Northern Ireland in the context of Brexit is very clear.  Continued freedom of movement, absence of an economic border, and protection of the Good Friday Agreement are key objectives for the Irish Government. The arrangements that will apply after Brexit will depend on the outcome of negotiations between the EU and UK....

Written Answers — Department of Finance: Property Tax Assessments (4 Jul 2017)

Paschal Donohoe: Local Property Tax (LPT) is a self-assessed tax, which places the onus on the property owner to calculate the tax due based on his/her calculation of the market value of the property. A property owner who subsequently considers the 2013 self-assessed valuation to be too high can apply directly to Revenue’s LPT Branch to have it amended downwards. The application must include...

Written Answers — Department of Finance: Budget Submissions (4 Jul 2017)

Paschal Donohoe: My Department has received the charity’s pre-budget submission, which includes, as one of six housing-related recommendations, a proposal to link tax incentives for landlords to conditions such as greater security of tenure, longer tenancy agreements and higher quality of accommodation. This proposal will be considered as part of my deliberations for Budget 2018. As the Deputy may be...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (4 Jul 2017)

Paschal Donohoe: As the Deputy is aware, a Primary Medical Certificate is required to claim the tax reliefs provided under the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme.  The Senior Medical Officer for the relevant local Health Service Executive administrative area makes a professional clinical determination as to whether an individual applicant satisfies the medical criteria to...

Written Answers — Department of Finance: State Banking Sector (4 Jul 2017)

Paschal Donohoe: The sale of shares in AIB held by the Ireland Strategic Investment Fund does not result in a beneficial impact to the General Government Balance under the European System of Accounts 2010.  This is due to the fact that it is classified as a 'financial transaction' whereby it is essentially the exchange of one form of asset (shares, equities, loans) for another kind (cash)....

Written Answers — Department of Finance: Banking Sector Data (4 Jul 2017)

Paschal Donohoe: The information requested by the Deputy is not held in the Department of Finance. Officials have referred the question to the bank and have received the following response: "Permanent TSB has a requirement for legal support and advice on an ongoing basis across different parts of its business.  It manages some of this requirement through its in-house legal function, as well as...

Written Answers — Department of Finance: Tracker Mortgages Examination Data (4 Jul 2017)

Paschal Donohoe: As the Deputy will be aware, the Tracker Mortgage Examination Framework requires lenders to appoint an external independent party to oversee the conduct of their Examination. However, the Central Bank has advised that it is a matter for individual firms to disclose these and any other costs incurred by them in respect of the Tracker Mortgage Examination. In respect of the...

Written Answers — Department of Finance: Tax Data (4 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 88 to 91, inclusive, together. As regards Questions 88 and 89, Approved Retirement Funds (ARFs) are investment vehicles into which the proceeds of the pension savings of the self-employed, business owners and any individual with Defined Contribution pension arrangements may be invested at retirement, subject to conditions. Beneficial ownership of the...

Written Answers — Department of Finance: Tax Collection (4 Jul 2017)

Paschal Donohoe: I am advised by Revenue that under what is termed as “new basis” business, all life assurance policy holders are taxed on a gross roll-up basis.  This means that the life assurance company is not subject to tax on its policy holder profits, but rather the policy holder is subject to exit tax on the happening of a chargeable event.  A chargeable event will occur: - on...

Written Answers — Department of Finance: Help-To-Buy Scheme Data (4 Jul 2017)

Paschal Donohoe: The Help to Buy incentive aims to both assist those first-time buyers struggling to save for the deposit required to purchase a home, as well as incentivising additional construction activity for the provision of extra housing supply. At Budget time it was estimated that the Help to Buy incentive would cost €40 million per annum but €50 million in 2017 due to the backdating of...