Results 9,921-9,940 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: NAMA Expenditure (26 Jul 2017)

Paschal Donohoe: I am advised that NAMA does not own properties. Rather its role is as a secured lender and the properties remain under the control of the debtor, or where enforcement has taken place, the appointed receiver/administrator. I am advised that from inception to May 2017, NAMA has spent over €73m on remediation works on property securing its loans. This funding has had the effect of...

Written Answers — Department of Finance: NAMA Operations (26 Jul 2017)

Paschal Donohoe: The information sought by the Deputy, regarding funding for capital and current expenditure that has been advanced by NAMA to its debtors and receivers, is set out in the following table provided by NAMA for the period from 2010 to date. FUNDING BY YEAR Year 2010 2011 2012 2013 2014 2015 2016 2017 €'m 240 304 278 328 624 854 640 132

Written Answers — Department of Finance: Motor Insurance (26 Jul 2017)

Paschal Donohoe: The provisions of the Equal Status Acts 2000-2015 prohibit discrimination in the provision of goods and services, including insurance, on any of the nine main grounds listed in the Acts.  I am unable to comment further in respect of the applicability or otherwise of this legislation, which falls under the remit of the Minister for Justice and Equality, in respect of any particular...

Written Answers — Department of Finance: Tracker Mortgages Examination (26 Jul 2017)

Paschal Donohoe: The Central Bank has advised me that its Framework for conducting the Examination of Tracker mortgage related issues sets out requirements for lenders in terms of the ongoing query/complaints handling mechanism that should be put in place for customers i.e., - the lender is to establish a dedicated unit to deal with any queries, complaints, and/or concerns that customers may have during...

Written Answers — Department of Finance: Tax Data (26 Jul 2017)

Paschal Donohoe: My Department engages in research on a wide variety of taxation-related topics and makes use of a variety of sources. As part of the Tax Strategy Group process, papers on various options for tax policy changes are prepared annually, these papers discuss options and issues to be considered in the Budgetary process. In line with the Government’s commitment to Budgetary reform,...

Written Answers — Department of Finance: Economic Statements (26 Jul 2017)

Paschal Donohoe: The reference rate and convergence margin for next year were set by the European Commission in its Spring forecast published in May of this year. The process by which these figures are arrived at are detailed in the 2017 Edition of the Vade Mecum on the Stability and Growth Pact as well as the documentation published by my Department (table A7) in October last year as part of the Budget...

Written Answers — Department of Finance: VAT Rate Increases (26 Jul 2017)

Paschal Donohoe: I am advised by the Revenue Commissioners that information on estimated costs of changes to all of the VAT rates can be found in the Pre-Budget 2018 Ready Reckoner on the Revenue Statistics webpage: The Revenue Reckoner details that the full-year cost of increasing the 9% VAT rate by 1% is estimated to be €109 million. Further increases can be estimated on a straight line...

Written Answers — Department of Finance: Tax Yield (26 Jul 2017)

Paschal Donohoe: I am informed by Revenue that the full year tax yield from equalising the tax on diesel with the tax on petrol is estimated at €337 million assuming no change in behavior.

Written Answers — Department of Finance: Departmental Budgets (26 Jul 2017)

Paschal Donohoe: My Department’s expenditure at the end of June was under profile by approximately €5m. The main reasons for this variance versus profile are underspends across administrative subheads. These include €0.5m on salary costs due to recruitment, which will take place later in the year than initially expected. Capital expenditure was under profile by...

Written Answers — Department of Finance: Public Interest Directors (26 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 210 and 211 together. Currently, there is one State nominated director on the board of each of AIB and BOI. As the deputy will be aware, the State has rights to appoint directors as a significant shareholder in the banks and not just public interest directors appointed under the guarantee schemes. The rights for the State...

Written Answers — Department of Finance: Budget Submissions (26 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 212 and 213 together. Each year my Department receives a large number of such submissions from a wide range of groups and individuals. These are considered by the relevant officials in the context of Budget process.  However the Deputy will be aware that it is not the practice of the Minister for Finance to discuss the details of measures which...

Written Answers — Department of Finance: Departmental Staff Data (26 Jul 2017)

Paschal Donohoe: I wish to inform the Deputy that there are no staff in my Department that are suspended from work on full pay.

Written Answers — Department of Finance: Departmental Budgets (26 Jul 2017)

Paschal Donohoe: My Department’s expenditure at the end of June was under profile by approximately €5m. The main reasons for this variance versus profile are underspends across administrative subheads. These include €0.5m on salary costs due to recruitment, which will take place later in the year than initially expected. Capital expenditure was under profile by...

Written Answers — Department of Finance: Protected Disclosures Data (26 Jul 2017)

Paschal Donohoe: The Department of Finance has put in place a policy and related procedures for the making of Protected Disclosures in the Department, which have been developed in line with the Protected Disclosures Act, 2014.  This policy and procedures support the Department’s strong commitment to ensuring that the culture and working environment of the Department encourage,...

Written Answers — Department of Finance: Departmental Staff Data (26 Jul 2017)

Paschal Donohoe: I wish to inform the Deputy that there are no Actuaries working in my Department. I have been advised that of the 18 Bodies under the Aegis of my Department 2 have actuaries employed. The information provided by the relevant bodies is listed in the following table. Body Number of actuaries working in the civil service, under the aegis of his/her department Central Bank The...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme Review (26 Jul 2017)

Paschal Donohoe: The fiscal and policy context section of the Capital Plan "Building on Recovery" sets out the objectives of State investment in infrastructure. It emphasises the Government's commitment, through the Capital Plan, of supporting strong and sustainable economic growth and raising welfare and living standards for all. Promoting environmental sustainability is, of course,...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (26 Jul 2017)

Paschal Donohoe: I  refer the Deputy to my answer to Parliamentary Question No. 350 of 20 June 2017, PQ Ref: 28983/17.

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (26 Jul 2017)

Paschal Donohoe: The full year cost of repealing the Financial Emergency Measures in the Public Interest (FEMPI) legislation as it applies to public service employees would be €1.4 billion post full implementation of the terms of the Lansdowne Road Agreement (LRA). Pay bill increases of this magnitude in one year would: exceed available additional resources; violate the terms of EU...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (26 Jul 2017)

Paschal Donohoe: The public service Pension-Related Deduction (PRD) is provided for under the Financial Emergency Measures in the Public Interest Act 2009. PRD applies to the pay, including any non-pensionable pay elements, of pensionable public servants. Specifically, section 2(1)(b) of the 2009 Act provides that any public servant who is a member of a public service pension scheme...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (26 Jul 2017)

Paschal Donohoe: The Public Service Superannuation (Miscellaneous Provisions) Act 2004 ('the 2004 Act') provides in general that an individual who takes up an appointment in a public service body on or after 1 April 2004 is classed as a 'new entrant'. However, the legislation makes various exceptions for those public servants who, in the 26 weeks prior to appointment, had previously worked in the public...