Results 10,061-10,080 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Personal Debt (11 Sep 2017)

Paschal Donohoe: I have been advised by the Central Bank that the Bank does not have figurers in relation to the level of car loan indebtedness and in particular personal contract plans (PCP) in the format requested by the Deputy.  However the Bank has informed me that loans extended by credit institutions to private households for the purpose of car finance would be included under Consumer...

Written Answers — Department of Finance: Income Data (11 Sep 2017)

Paschal Donohoe: I am advised by Revenue that the numbers of taxpayers by ranges of gross income in 2015, the latest year for which data are available, as well as for 2014 and 2013, are available at . It should be noted however that this breakdown is not available by individual persons but is presented in terms of tax units (either individuals or married persons / civil partners who have elected or who have...

Written Answers — Department of Finance: Tax Data (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 204, 207, 208 and 212 together. In his Financial Statement to the House on 11 October 2016, Minister Noonan indicated that he would act to restrict the opportunity for tax defaulters with outstanding tax liabilities relating to offshore matters to avail of the voluntary disclosure regime. In line with this undertaking, section 56 of the Finance Act 2016...

Written Answers — Department of Finance: Tax Residency (11 Sep 2017)

Paschal Donohoe: I am advised by the Deputy’s office that this question relates to the Domicile Levy. Individuals who spend less than 183 days in this country in a tax year are considered non-resident for tax purposes. This also applies to individuals who spend less than 280 days here over a period of two consecutive years. The Domicile Levy was introduced in the 2010 Finance Act and is payable on...

Written Answers — Department of Finance: Revenue Commissioners Data (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 206 and 209 to 211, inclusive, together. I have been advised by Revenue that exchange of information carried out under the provisions of Ireland’s international agreements including double taxation treaties and the Council Directive 2011/16/EU on Administrative Cooperation in the Field of Taxation is governed by strict confidentiality provisions and the...

Written Answers — Department of Finance: Brexit Issues (11 Sep 2017)

Paschal Donohoe: This is a question more appropriate for the Minister for Business, Enterprise and Innovation who should be able to provide details of work being carried out in her Department.

Written Answers — Department of Finance: European Banking Authority (11 Sep 2017)

Paschal Donohoe: Due to the decision of the United Kingdom to exit the European Union, two European Agencies currently located in London, the European Banking Authority (EBA) and the European Medicines Agency (EMA), will have to relocate.  Member States interested in hosting one or both of the Agencies were required to submit a formal offer to the European Commission and Ireland’s formal...

Written Answers — Department of Finance: Brexit Issues (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 217 to 223, inclusive, and 225 together. The comprehensive document “Ireland and the negotiations on the UK’s withdrawal from the European Union: The Government’ Approach” published on 2 May outlined in detail the structures put in place by the Government to ensure a strategic and whole-of Government response to Brexit that ensures...

Written Answers — Department of Finance: Brexit Staff (11 Sep 2017)

Paschal Donohoe: The Department of Finance has been assessing and preparing for the impact of Brexit since well before the referendum on 23 June 2016. Following the result of the UK referendum, work has been intensified across the whole of Government level, including in my own Department, to ensure that Ireland’s interests are protected in the negotiations at EU level and to ensure that Ireland will...

Written Answers — Department of Finance: Brexit Staff (11 Sep 2017)

Paschal Donohoe: The Government has been preparing for the impact of Brexit since well before the referendum on 23 June 2016, with this work now intensified. The Government is clear and determined that all possible preparations will be made ahead of the UK leaving the EU.  A critical aspect of the Government’s contingency planning and preparations is extensive consultation with a wide range of...

Written Answers — Department of Finance: Brexit Data (11 Sep 2017)

Paschal Donohoe: The Department of Finance has been preparing for the impact of Brexit since well before the referendum on 23 June 2016, with this work now intensified.  In that regard, the Department has been to the fore in producing and funding a number of Brexit-related studies, both before and since the UK's referendum decision.  To date, outputs include: - A scoping study published in November...

Written Answers — Department of Finance: Expenditure Reviews (11 Sep 2017)

Paschal Donohoe: The Mid-Year Expenditure Report sets out the pre-Budget expenditure ceiling for my Ministerial Vote Group of €439 million for current expenditure and €25 million for capital expenditure. This represents the spending baseline for examination of my Department's budgetary priorities for 2018. As outlined in the Mid-Year Expenditure Report, the increases planned in...

Written Answers — Department of Finance: NAMA Loans Sale (11 Sep 2017)

Paschal Donohoe: I am advised by NAMA that, following openly marketed processes, the successful bidders in each referenced loan sale were as follows: Loan sale Initial bidder query Aspen Starwood Abbey Apollo Jewel Allianz (Hammerson and Allianz were ultimately the successful bidders)

Written Answers — Department of Finance: Tax Reliefs Costs (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 230, and 238 to 240, inclusive, together. As part of the Special Assignee Relief Programme (SARP) review in 2014, the proposal to include employees that were newly employed from outside an organization rather than restricting it to employees moving within an organization was considered. However, the review found that to include new hires in this...

Written Answers — Department of Finance: Tax Yield (11 Sep 2017)

Paschal Donohoe: It is my intention to introduce a tax on sugar-sweetened drinks in April 2018, to coincide with the introduction of a similar tax in the UK at that time.  This tax will be imposed as a volumetric tax as a specific amount per litre of product, as opposed to an ad valorem rate imposed on the final retail price of product. This is to ensure that the tax is applied to sugar content of the...

Written Answers — Department of Finance: Tax Yield (11 Sep 2017)

Paschal Donohoe: I am advised by Revenue that the estimated yield that would be generated if the rate of betting tax was increased is available in the pre-Budget 2018 Ready Reckoner at: .

Written Answers — Department of Finance: Banking Sector Data (11 Sep 2017)

Paschal Donohoe: As the Deputy may be aware, the role of the Minister for Finance in relation to coins is set out in the Coinage Act 1950, the Decimal Currency Acts 1969-1990 and the Economic and Monetary Union Act 1998. The Economic and Monetary Union Act 1998 covers issuance of both circulating and commemorative coins. The Central Bank of Ireland acts as an agent of the Minister of Finance in the...

Written Answers — Department of Finance: Mortgage Interest Relief Data (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 234 and 235 together. I am informed by Revenue that the following tables set out the number of loans qualifying for mortgage interest relief (MIR) broken down by rate and ceiling of relief. The data are based on the numbers of loans qualifying for relief as at 31 December 2016. As is apparent from the tables, the vast majority of relief is now granted at the...

Written Answers — Department of Finance: Tax Exemptions (11 Sep 2017)

Paschal Donohoe: I am advised by Revenue that the exemption from capital gains tax referred to by the Deputy applies to land and buildings acquired in the period commencing on 7 December 2011 and ending on 31 December 2014, which are held for a minimum period of seven years. Accordingly, the earliest date that properties acquired in the relevant period can qualify for the exemption will be 7 December...

Written Answers — Department of Finance: Universal Social Charge Data (11 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 241 and 242 together. As regards the earner income tax credit, I am advised by Revenue that, for 2016, the latest year for which data are available, the estimated number of self employed taxpayer units that benefit from the tax credit in 2016 is around 152,000. Individuals or married persons/civil partners who have elected (or who have been deemed to have...