Results 11,561-11,580 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Compensation Schemes (12 Dec 2017)

Paschal Donohoe: In replying to this question, I am making the assumption that the Deputy is referring to Parliamentary question number 131 of 17 October 2017 which asks why the Government has not agreed to cover 100% of Setanta third party compensation claims; if this means former customers are now potentially liable for partial cost of claims; and if the Minister for Finance will reconsider his approach on...

Written Answers — Department of Finance: Credit Availability (12 Dec 2017)

Paschal Donohoe: The Deputy will be aware that in my role as Minister for Finance I have no direct function in the relationship between the banks and their customers. I have no statutory function in relation to the banking decisions made by individual lending institutions at any particular time and these are taken by the board and management of the relevant institution. This includes decisions in relation...

Written Answers — Department of Finance: Property Tax (12 Dec 2017)

Paschal Donohoe: In 2012 the inter-departmental group chaired by Dr Don Thornhill established to consider the structures and modalities of a property tax, recommended that Local Property Tax (LPT) paid by the owner in respect of a rented property should be deductible for income tax or corporation tax purposes, in a similar manner to commercial rates. The Group recommended that consideration be given to...

Written Answers — Department of Finance: Credit Union Regulation (12 Dec 2017)

Paschal Donohoe: I can advise the Deputy that the Credit Union Act 1997 (Regulatory Requirements) Regulations 2016 (the Regulations) came into effect on 1 January 2016 following commencement of the remaining sections of the Credit Unions and Co-operation with Overseas Regulators Act 2012 which provided regulation making powers to the Central Bank. These Regulations set out an individual member savings limit...

Written Answers — Department of Finance: Motor Insurance Regulation (12 Dec 2017)

Paschal Donohoe: The Central Bank of Ireland is responsible for the prudential supervision of insurance undertakings authorised by it.  It is also responsible for the supervision of conduct of business for all insurers operating in the Irish market whether authorised here or elsewhere in the EU. The EU regulatory framework which allows insurers to provide services from one Member State into...

Written Answers — Department of Finance: Tax Clearance Certificates (12 Dec 2017)

Paschal Donohoe: A condition for the award of State contracts or the payment of providers of services on behalf of the State is that the tenderer or the service provider must have a current tax clearance certificate in respect of Irish tax. Revenue administers the general scheme of tax clearance certification in accordance with section 1095 of the Taxes Consolidation Act 1997. The purpose of the tax...

Written Answers — Department of Finance: Stamp Duty (12 Dec 2017)

Paschal Donohoe: It is assumed the Deputy is referring to the repayment of Stamp Duty where 75% of the land is used for residential development as included in section 61 of the Finance Bill 2017. I am advised by Revenue that information is not available in respect of the uptake of the measure (the future transactions that may qualify for the proposed relief from the 6 per cent rate) and therefore it is not...

Written Answers — Department of Finance: Tracker Mortgage Examination (12 Dec 2017)

Paschal Donohoe: As the Deputy is aware, the Central Bank’s most recent Tracker Mortgage Examination status update report was issued on 17 October last and it indicated that, as at the end of September, approximately 13,000 mortgage accounts have been identified as impacted through the examination.  This is additional to the 7,100 mortgage accounts which were rectified and...

Written Answers — Department of Finance: State Claims Agency (12 Dec 2017)

Paschal Donohoe: The SCA have informed me that in answering question 129 of 14  November 2017 it interpreted the request to relate to its audit programme carried out by its Risk Unit. They have also informed me that in August 2013 on receiving a claim in which it was alleged that personal injuries were caused by exposure to toxic substances in Baldonnel, the SCA emailed Litigation Branch and Claims...

Written Answers — Department of Finance: Tax Code (12 Dec 2017)

Paschal Donohoe: I am advised by Revenue that section 1049 of the Taxes Consolidation Act (TCA) 1997 sets out that a receiver appointed by a Court in the State which has the direction and control of property is assessed and charged to income tax or corporation tax, as appropriate, on the property as if the property were not under the direction and control of the Court. Such a receiver is answerable for doing...

Written Answers — Department of Finance: Property Tax Application (12 Dec 2017)

Paschal Donohoe: I am advised by Revenue that under the Finance (Local Property Tax) Act 2012 (as amended), the person who is the liable person on the liability date for a particular year is the person who is responsible for the payment of Local Property Tax (LPT) for that year. Thus, for example, the person who is the liable person on 1 November 2017 is responsible for the payment of LPT for the year 2018....

Written Answers — Department of Finance: Tax Code (12 Dec 2017)

Paschal Donohoe: For the purposes of Capital Acquisitions Tax (CAT), the relationship between the person who provides the gift or inheritance (i.e. the disponer) and the person who receives the gift or inheritance (i.e. the beneficiary), determines the life-time tax-free threshold – known as the “Group threshold” – below which gift or inheritance tax does not arise. Where a person...

Written Answers — Department of Finance: Excise Duties Collection (12 Dec 2017)

Paschal Donohoe: I am advised by the Revenue Commissioners that details of the goods seized for the years 2012 to 2017 (to the end of November), for non compliance with excise obligations at Irish ports, are set out in the tables. I am also advised that it is not possible to extract the data by reference to individual ports, in the time available, however Revenue have stated that they will write directly to...

Written Answers — Department of Public Expenditure and Reform: Oireachtas Members' Remuneration (12 Dec 2017)

Paschal Donohoe: The linking of the salary of a TD currently remunerated at €89,965 pa on the current Civil Service Principal Officer (Standard Scale) to the grade of Assistant Principal Officer (Standard Scale) at a current salary rate of  €70,281 pa would amount to an estimated annual saving of €3.11 million. The estimated...

Questions on Promised Legislation (13 Dec 2017)

Paschal Donohoe: There has not been only a minor allocation in funding to these organisations. Over the past number of years, the total amount of additional funding which has been made available is more than €1 billion. It is nearly €1.2 billion.

Questions on Promised Legislation (13 Dec 2017)

Paschal Donohoe: Section 39 organisations responded to the changes in our economy in different ways. Some did cut wages-----

Questions on Promised Legislation (13 Dec 2017)

Paschal Donohoe: -----others cut numbers and some did not make any changes at all. Of course as the former Minister, Deputy Howlin, well knows, the reason I cannot make a declaration is that I am not the employer of these individuals. We provide funding to the companies or organisations which employ them.

Questions on Promised Legislation (13 Dec 2017)

Paschal Donohoe: The reason I cannot make such a declaration is the same reason that Deputy Howlin set up a forum on the community employment sector, as opposed to making any statement in respect of it.

Questions on Promised Legislation (13 Dec 2017)

Paschal Donohoe: The Minister of State, Deputy English, committed to the report being completed by the end of the year and that will be done. It will be brought to Cabinet early in the new year. Senator Michelle Mulherin, Deputy Joe McHugh and several other colleagues have raised the issue with me and with the Minister for Housing, Planning and Local Government, Deputy Eoghan Murphy. The Minister of...

Living Cities Bill 2017: First Stage (13 Dec 2017)

Paschal Donohoe: No.