Results 9,481-9,500 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Corporation Tax Regime (6 Jul 2017)

Paschal Donohoe: In September last year, the Government decided to arrange for a review of Ireland’s corporation tax code by an independent expert, Mr Seamus Coffey. The decision was taken with a view to ensuring that Ireland’s corporation tax code meets the new international tax standards while remaining competitive in a growing economy. On 30 June 2017, Mr Coffey submitted...

Written Answers — Department of Finance: Motor Insurance Costs (6 Jul 2017)

Paschal Donohoe: There is a commitment within the Report on the Cost of Motor Insurancethat the Working Group will prepare quarterly updates on the progress of the implementation of the recommendations and the first such update was published in early May. That update provides details on how the implementation of the recommendations is progressing, with a particular focus on the ten action points which were...

Written Answers — Department of Finance: Tax Strategy Group (6 Jul 2017)

Paschal Donohoe: Preparatory work in relation to the Tax Strategy Group for 2017 is close to completion. A number of topics have been advanced and the agenda will be finalised shortly. It is envisaged however, that the following Papers will be included: Income Tax and USC, General Excises, PRSI, Social Protection Package, Capital Taxes/Exit Tax/DIRT, Corporation Tax, VAT and Climate and Environmental Taxes....

Written Answers — Department of Finance: Revenue Commissioners Resources (6 Jul 2017)

Paschal Donohoe: I am advised by the Revenue Commissioners that a Ready Reckoner is currently published on the Revenue website (). This Ready Reckoner is prepared on a post-Budget 2017 basis. I am informed that Revenue expect to publish a pre-Budget 2018 basis Ready Reckoner later in July, which would be around a month earlier than in 2016.

Written Answers — Department of Finance: Summer Economic Statement (6 Jul 2017)

Paschal Donohoe: The Summer Economic Statement (SES) is a key element of the reformed budgetary process which complements the Stability Programme Update. While the macroeconomic outlook will be as set out in the Stability Programme Update, the SES will provide an updated assessment of the fiscal space available for 2018. It will also outline the key elements of the Government’s economic strategy. ...

Written Answers — Department of Finance: Help-To-Buy Scheme (6 Jul 2017)

Paschal Donohoe: As the Deputy will be aware, during the Committee Stage debate on Finance Bill 2016, my predecessor agreed to commission an independent impact assessment on the effects of the Help to Buy incentive for completion prior to Budget 2018. Following a competitive tender process, Indecon Economic Consultants were appointed in April to undertake this assessment. This purpose of the...

Written Answers — Department of Finance: Insurance Industry Regulation (6 Jul 2017)

Paschal Donohoe: I am aware of the issue raised by the Deputy. I note that An Garda Síochána this week advised the public on how to avoid such fraudulent insurance brokers, discouraging motorists, for example, from buying insurance policies from unusual sources such as social networks, or in bars or restaurants or public places. A valid certificate of motor insurance can be obtained either...

Written Answers — Department of Finance: Property Tax Collection (6 Jul 2017)

Paschal Donohoe: I am advised by Revenue that the outstanding Local Property Tax (LPT) liabilities in respect of the property in question have been paid in recent days. The payments covered the tax element only and did not include interest liabilities that accrued at 4% per annum on foot of LPT deferrals for the years 2015, 2016 and 2017. Revenue has confirmed that it will make direct contact with the liable...

Written Answers — Department of Finance: Tax Compliance (6 Jul 2017)

Paschal Donohoe: Revenue’s primary goal is to ensure that all taxpayers and businesses meet their tax obligations in a timely fashion. Any delay in the collection of tax revenue impacts on the level and timeliness of the financial resources available to the Exchequer and adds to Government borrowing and public debt interest. Accordingly, Revenue has a strong focus on making sure that everyone...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (6 Jul 2017)

Paschal Donohoe: The Office of Government Procurement (OGP) established a framework contract for the provision of taxi services in the Greater Dublin Area in April 2015. This contract is renewable annually up to a maximum duration of four years. While the OGP established this framework contract, the OGP is not the Contracting Authority on any other taxi contracts. Prior to establishing this framework...

Written Answers — Department of Public Expenditure and Reform: Public Private Partnerships (6 Jul 2017)

Paschal Donohoe: PPPs offer an alternative model for delivering infrastructure, that can facilitate the delivery of additional capital projects and that can be effective in particular circumstances. However, the long-term nature of the financial commitments arising under PPPs require that the use of such arrangements must be carefully planned in order to ensure that they are used to address infrastructural...

Written Answers — Department of Public Expenditure and Reform: Legal Costs (6 Jul 2017)

Paschal Donohoe: The case, details supplied by the Deputy, involved allegations concerning substantial loans covering a period of approximately six years. The charges preferred involved (inter alia) breaches of the section 197 of the Companies Act 1990. My officials were advised by the DPP’s Office that the case was a difficult and complicated one involving a large number of offences covering an...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (6 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 88 and 89 together. Public procurement is the acquisition, whether under formal contract or not, of works, supplies and services by public bodies.  National rules governing public procurement must comply with the relevant EU, WTO and national legal requirements and obligations.  Under EU law, public contracts above a certain value must be...

Written Answers — Department of Public Expenditure and Reform: Infrastructure and Capital Investment Programme (6 Jul 2017)

Paschal Donohoe: I assume the Deputy's question refers to the Public Investment Management Assessment (PIMA) which is being carried out by the International Monetary Fund (IMF) in July.  The possibility of undertaking a PIMA study was raised with me by the IMF during my visit to Washington earlier this year, in the context of a discussion on capital planning in Ireland.  ...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme Review (6 Jul 2017)

Paschal Donohoe: Work on Spending Review 2017 has been ongoing since January of this year. The Mid-Year Expenditure Report (MYER) will include a substantive overview of this process in the coming weeks. In addition, a series of papers will be published with the MYER and will present the results of the analysis of the wide range of expenditure schemes and programmes that have been examined this year. This...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (6 Jul 2017)

Paschal Donohoe: I understand that the deceased person referred to in the Deputy's question was a pensionable public servant, and that a dependant public service pension is payable to his surviving spouse. The original Lansdowne Road Agreement, whose terms were agreed in 2015 following negotiations between Government and the public service trade unions, does not contain any provisions in relation to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: ECOFIN Meeting: Minister for Finance (6 Jul 2017)

Paschal Donohoe: I thank the committee for inviting me to speak to it in advance of the next ECOFIN Council of Ministers meeting, which will take place on Tuesday. This is the first meeting of the Estonian Presidency and will be my second Council to attend since my appointment as Minister for Finance, having attended the June Council in Luxembourg. In light of these developments, I want to discuss quickly...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: ECOFIN Meeting: Minister for Finance (6 Jul 2017)

Paschal Donohoe: I will give that sanction immediately, but my officials are always available to any Member to answer questions and respond oo any issue they might wish to raise. The protocol for the giving of financial information to allow the Deputy to prepare draft proposals will be respected by me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: ECOFIN Meeting: Minister for Finance (6 Jul 2017)

Paschal Donohoe: I did not discuss it at the last ECOFIN meeting because there was no agenda item that would have allowed me to do so. In my opening statement I asked for an opportunity to address colleagues and I did refer to Brexit. I referred to the pressures Ireland specifically would be under as a result of Brexit and it is my intention at future meetings to continue to raise the matter. Where it will...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: ECOFIN Meeting: Minister for Finance (6 Jul 2017)

Paschal Donohoe: The main point of my contribution to the ECOFIN meeting was that Ireland, as an island, was an outward-looking country which saw its future in the European Union but that, because of what was happening in the United Kingdom, we faced acute risks. Many other countries contend that they face equal trading risks which I have to acknowledge. Other finance Ministers tell me that a large share of...