Results 10,161-10,180 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Compensation Fund (21 Sep 2017)

Paschal Donohoe: Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the  liquidation is being carried out under Maltese law. The Supreme Court delivered its judgment on 25 May 2017 and overturned the previous decisions of the High Court and the Court of Appeal that the Motor Insurers’ Bureau of...

Written Answers — Department of Finance: Tax Credits (21 Sep 2017)

Paschal Donohoe: I propose to take Questions Nos. 60 to 63, inclusive, and 65 to 67, inclusive, together. I am advised by Revenue that information in respect of the annual tax cost of the research and development tax credit for years up to 2015, the latest year available, is at the following link www.revenue.ie/en/corporate/documents/statistics/tax-expendi tures/costs-tax-expenditures.pdf. Information in...

Written Answers — Department of Finance: Tax Credits (21 Sep 2017)

Paschal Donohoe: The R&D Tax Credit is a general measure available to all taxpayers and does not constitute State Aid. The European Commission’s position that the R&D Tax Credit is a ‘general measure’ was confirmed in 2004, when the tax credit was introduced. The refundable element of the R&D Tax Credit was introduced in Finance Bill 2008 (No.2), and was examined beforehand...

Written Answers — Department of Finance: Tax Code (21 Sep 2017)

Paschal Donohoe: I assume the Deputy is referring to the decision taken in Finance Bill 2013 in relation to Deferred Tax Assets (DTAs). As the Deputy is aware the NAMA Act 2009 introduced Section 396C of the Taxes Consolidation Act (TCA 1997).  The purpose of the section was to restrict NAMA. Participating institutions in offsetting their losses against a maximum...

Written Answers — Department of Finance: Tax Code (21 Sep 2017)

Paschal Donohoe: In Budget 2016, the Minister for Finance committed to extending the bank levy (a form of stamp duty paid by financial institutions) until 2021, subject to a review of the calculation methodology. This review took place during 2016, and included a public consultation to ascertain the views of stakeholders. Following on from this, it was decided to retain the existing DIRT-based...

Written Answers — Department of Finance: Vehicle Registration (21 Sep 2017)

Paschal Donohoe: Motor homes are classed as Category B vehicles and therefore are subject to a rate of VRT of 13.3% of their Open Market Selling Price (OMSP). This compares to Category A (passenger) vehicles which are charged at rates between 14% and 36% of their OMSP depending on the level of CO2 they emit. Motor homes also receive preferential treatment vis-à-vis Category A vehicles in...

Written Answers — Department of Finance: Property Tax Exemptions (21 Sep 2017)

Paschal Donohoe: Revenue has advised me that the Local Property Tax (LPT) ‘unfinished housing estate’ exemption is only available for properties that are located within a housing estate, or part of an estate,  that was prescribed as ‘unfinished’, by the Minister for Housing, Planning, Community and Local Government in Statutory Instrument (SI) No. 91 of 2013. Before...

Written Answers — Department of Finance: EU Budgets (21 Sep 2017)

Paschal Donohoe: EU Budget payments and public sector receipt data are published annually by the Department of Finance in the Budget Statistics publication. The Budget Statistics, which go back to 1973, can be found on the Department of Finance website. For ease of reference, Ireland's receipts from and contributions to the EU Budget are set out in the following table: Year Public Receipts from...

Written Answers — Department of Finance: VAT Yield (21 Sep 2017)

Paschal Donohoe: I am advised by Revenue that estimates are not available of the VAT foregone by online retailers from outside the EU that sell online through internet trading platform companies. Ireland is discussing these issues bi-laterally with a number of Member States and also centrally at EU level at European Council working party level and through an eCommerce Committee. Research and...

Written Answers — Department of Finance: Property Tax Data (21 Sep 2017)

Paschal Donohoe: I am advised by Revenue that the figures for the number of households that have paid local property tax (LPT) in 2016 and the number of houses in each band by local authority  is available at the following location . In respect of the number of households that have not paid, the number of deferrals and exemptions are also shown in this link. As noted in the statistics, the estimated...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (21 Sep 2017)

Paschal Donohoe: Following the decision in relation to re-organisation of Government Departments, the composition of a number of Departments has changed particularly with the establishment of the Department of Rural and Community Development. The Estimates for 2017, published in the Revised Estimates Volume 2017, were voted on by Dáil Éireann in May 2017.  Further Revised...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme Review (26 Sep 2017)

Paschal Donohoe: The Deputy is aware, as acknowledged, I published the review of the capital plan on 14 September and a copy of the report was made available to each Deputy on that day. The review of the plan draws on an evidence base that included submissions by Departments and offices, an extensive public consultation and an infrastructure capacity and demand analysis completed by the Irish Government...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme Review (26 Sep 2017)

Paschal Donohoe: Regarding the Deputy's first question, the Minister, Deputy Murphy, and I aim to publish the ten-year plan in December. Regarding his second point on broadband, the role of my Department has been purely confined to making sure there is enough of a capital allocation to support the tendering process. Any decisions regarding who is tendering for it and the implementation of that process is...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme Review (26 Sep 2017)

Paschal Donohoe: Regarding the first question, I am absolutely responsible for the allocation of capital funding and making sure it is spent in the way that is agreed with other Departments. In regard to the policy area for the roll-out of the broadband process, all issues and decisions relating to tendering are a matter for the Minister, Deputy Naughten, although I support and work with him in any way he...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme (26 Sep 2017)

Paschal Donohoe: I will not read out to Deputy Doherty the answer I have just shared with Deputy Calleary. I will just answer the specific question the former has put to me. I have already identified that we will seek to make a further €500 million available in 2019, 2020 and 2021 as part of the summer economic statement. This will take the additional amount of new capital we will be allocating...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme (26 Sep 2017)

Paschal Donohoe: When I use a word or phrase such as "infrastructure", I always accompany it with an acknowledgement that we are talking about homes, schools and the overhaul of facilities that in many cases do not meet the needs of our citizens. I am crystal clear that behind technical phrases such as "public capital expenditure" and "where we are as a percentage of national income" is the reality that we...

Ceisteanna - Questions (Resumed - Priority Questions: Capital Expenditure Programme (26 Sep 2017)

Paschal Donohoe: I am acting in the best interests of citizens. What always motivates me, as I am sure is the case with the Deputy, is what the long-term best thing is for our country. The only reason I put the kind of focus I do on economic indicators such as where we are with bond yields, interest rates and so on is to give our country the chance to try to create the resources to deal with the kind of...

Ceisteanna - Questions (Resumed - Priority Questions: Public Services Card (26 Sep 2017)

Paschal Donohoe: The public services card and, importantly, its underpinning registration process are about providing people with public services in a safe and efficient manner. The underpinning registration process, which is called SAFE 2, involves a 15-minute visit to an INTREO office and is done just once. This process is used to establish a person's identity to a substantial level of assurance. This...

Ceisteanna - Questions (Resumed - Priority Questions: Public Services Card (26 Sep 2017)

Paschal Donohoe: I appreciate the Deputy's acknowledgment of the merits to the public services card and the approach that underpins it. On the specific questions the Deputy has asked around the use of data, any sharing of data between public bodies has to be consistent with the guidance from the Data Protection Commissioner. The commissioner has raised a number of matters on the operation of the card and I...

Ceisteanna - Questions (Resumed - Priority Questions: Public Services Card (26 Sep 2017)

Paschal Donohoe: I do not see how I could be making the case for the Deputy that there is no faith in this project, given that I pointed to the fact that 2.3 million individuals have this card and the roll-out of the card has to be compliant with current law on data protection. I said that very clearly. The data sharing and governance Bill is legislation that has been before the Oireachtas for some time....