Results 11,341-11,360 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Ministerial Communications (28 Nov 2017)

Paschal Donohoe: In reply to the Question, I do not use any such accounts for official business.

Written Answers — Department of Finance: Property Tax Collection (28 Nov 2017)

Paschal Donohoe: Section 36 of the Finance (Local Property Tax) Act 2012 (as amended) provides that a liable property owner can authorise another person to complete any LPT filing or payment obligations on his/her behalf. I am advised by Revenue that an LPT return was filed in respect of the property in question in 2013 confirming ‘Valuation Band’ 5 (€250k to €300k) and payment...

Written Answers — Department of Finance: Philanthropy Initiatives (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that there are a number of provisions in the Taxes Consolidation Act (TCA) 1997 and the Capital Acquisitions Consolidation Act 2003 that provide for tax relief in respect of philanthropy. Section 848A and Schedule 26A of the TCA provide for a scheme of tax relief for donations to approved bodies, including eligible charities. As the Deputy may be aware, changes were...

Written Answers — Department of Finance: Departmental Bodies Data (28 Nov 2017)

Paschal Donohoe: None of the eighteen bodies under the aegis of my Department receives in excess of €1 million funding from my Department. Of these eighteen bodies, the following eight receive more that 50% of their income from public sources:  Office of the Comptroller & Auditor General Credit Union Advisory Committee Credit Union Restructuring Board*...

Written Answers — Department of Finance: Paradise Papers. (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that an analysis of the Panama Papers database was undertaken after it was published by the International Consortium of Investigative Journalists (ICIJ) and that a number of individuals, addresses and intermediaries with Irish connections were identified.  All of the individuals, companies and intermediaries concerned have been profiled using both Revenue’s...

Written Answers — Department of Finance: Corporation Tax (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that what is available is the amount of taxable profits and associated Corporation Tax liability for the top 50 companies in the construction sector for the most recent ten years. Information for earlier years is not retained in Revenue records in a format that facilitates similar analysis. The top 50 companies are selected on the basis of the companies with largest...

Written Answers — Department of Finance: Construction Industry (28 Nov 2017)

Paschal Donohoe: Data on new electricity connections recorded monthly by ESB Networks has been used as a proxy for house completions for many years, as it represents the best available indicator that a residential unit has become available for occupation. However, this indicator does not provide information on the firm responsible for constructing the dwelling. Such data is not available from other...

Written Answers — Department of Finance: Public Private Partnerships (28 Nov 2017)

Paschal Donohoe: A Public Private Partnership (PPP) is an arrangement between the public and private sectors with clear agreement on shared objectives for the delivery of public infrastructure and/or public services by the private sector that would otherwise have been provided through traditional public sector procurement. Public private partnerships are fundamentally taxed in the same manner as a normal...

Written Answers — Department of Finance: Nursing Home Fees (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that Income Tax relief in respect of nursing home fees is available under section 469 of the Taxes Consolidation Act 1997. Nursing home expenses may be claimed under the heading of health expenses. The relief in respect of nursing home expenditure is allowed at an individual’s marginal rate of tax and may be claimed at the end of the year in which the expenses...

Written Answers — Department of Finance: Local Government Fund (28 Nov 2017)

Paschal Donohoe: The Water Services Act 2017 was enacted on 17 November 2017. Part 8, sections 54 to 59 relate to reform of the Local Government Fund (LGF) and give legislative effect to the change in funding sources from the LGF and the Central Fund arising from the Report of the Working Group on the Future Funding Model for Irish Water. Additionally, Chapter 7, “Budgetary Reform” of...

Written Answers — Department of Finance: Departmental Contracts Data (28 Nov 2017)

Paschal Donohoe: I can advise the Deputy of the following public contracts between my Department and Ernst & Young (EY), Deloitte, and KPMG during the period 2011 - 2016. I am including in my reply all payments made (excluding VAT) to the companies referred to by the Deputy during that period. Company Description of service/contract 2011 2012 2013 2014 2015 2016 Deloitte External...

Written Answers — Department of Finance: Pension Provisions (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that a response to this request issued to the administrator of the pension fund on 23rdNovember 2017. From the information received, it appears that the person concerned was employed by two companies within the same Group. However, there was no break in employment within the Group or service for the purposes of the individual’s pension rights. Even though the...

Written Answers — Department of Finance: Financial Services Regulation (28 Nov 2017)

Paschal Donohoe: I have consulted with the Central Bank on this issue and it has confirmed that its Codes of Conduct do not impose a requirement on regulated entities to inform consumers of their plans to unveil new products or enhance an existing product. Under the Central Bank’s Consumer Protection Code 2012 (the Code), a regulated entity must ensure that in all its dealings with...

Written Answers — Department of Finance: NAMA Property Sales (28 Nov 2017)

Paschal Donohoe: As Minister for Finance, I have no role in individual transactions as such commercial decisions are a matter for the NAMA Board. I am advised by NAMA that the asset in question is under the control of Savills as Receiver who appointed two property agents in 2015, JLL and Lisney, to openly market the property. I am further advised that the property was subsequently launched to the market...

Written Answers — Department of Finance: Tax Reliefs Data (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the Cost of Tax Expenditures table is available on the Revenue Statistics webpage at.This table sets out data on a wide range of reliefs, credits and allowances, including the number of taxpayer units benefiting from relief in respect of qualifying third level education fees, as well as the estimated total cost to the Exchequer, for the years 2004-2015, the latest...

Written Answers — Department of Finance: Knowledge Development Box (28 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the Knowledge Development Box (the “KDB”) only applies for accounting periods commencing on or after 1 January 2016. The claimant company has a period of up to 24 months to make a claim for relief under the KDB. Taking an accounting period which commenced on 1 January 2016 and ended on 31 December 2016, the tax return was due for filing on 23...

Written Answers — Department of Finance: Corporation Tax Regime (28 Nov 2017)

Paschal Donohoe: Corporation Tax Loss Relief is provided for by Section 396 of the Taxes Consolidation Act (TCA) 1997.  Loss relief for corporation tax is a long standing feature of the Irish Corporate Tax system. It allows for losses incurred in the course of business to be accounted for when calculating a business’ tax liabilities. This mechanism is a standard feature of Corporation Tax...

Written Answers — Department of Finance: Financial Services Regulation (28 Nov 2017)

Paschal Donohoe: The Central Bank has informed me that a mortgage lender is not obliged to require a guarantor of a mortgage loan to take out such a policy.  However, a mortgage lender is also not prohibited from making an offer of a mortgage loan contingent on the guarantor taking out a life assurance policy.  The following requirements apply in the case of a borrower: The Central...

Written Answers — Department of Finance: Foireann Roinne (28 Nov 2017)

Paschal Donohoe: Is é líon iomlán na foirne atá fostaithe ar fhoireann na Roinne ar an 31ú Deireadh Fomhair ná 330. Níl aon phost sa Roinn daingnithe mar phost a bhfuil riachtanas Gaeilge ag baint leis, agus tá roinnt ball foirne a bhfuil ag an Roinn atá abalta déileáil le comhfhreagras agus ceisteanna i nGaeilge, más gá. Níl...

Written Answers — Department of Finance: Foireann Roinne (28 Nov 2017)

Paschal Donohoe: Níl aon phost sa Roinn daingnithe mar phost a bhfuil riachtanas Gaeilge ag baint leis, agus tá roinnt ball foirne a bhfuil ag an Roinn atá abalta déileáil le comhfhreagras agus ceisteanna i nGaeilge, más gá. Tá an Roinn tar éis 62 folúmtais a líonadh I 2017.Tá 5 folúmtais  fós le líonnadh againn. There are no...