Results 13,221-13,240 of 32,960 for speaker:Paschal Donohoe

Written Answers — Department of Finance: VAT Yield (8 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 114 and 115 together. I am informed by The Revenue Commissioners that the Ready Reckoner, available at (page 26), shows the impact of increases in VAT rates, including the 9% rate. As shown in the Ready Reckoner, the yield from the restoration of the VAT rate from 9% to 13.5% across all goods and services is likely to be in the region of €520m for...

Written Answers — Department of Finance: Community Employment Schemes Administration (8 May 2018)

Paschal Donohoe: Payments made to participants in Community Employment Schemes are not liable to the Universal Social Charge.  These payments are treated as social welfare payments and are therefore exempt from the Universal Social Charge under section 531 AM of the Taxes Consolidation Act 1997.

Written Answers — Department of Finance: Universal Social Charge Data (8 May 2018)

Paschal Donohoe: I am advised by Revenue that net receipts for the Universal Social Charge (USC) in 2017 were €3,131 million for PAYE and €577 million for non-PAYE. Net receipts for USC in 2018 to-date are €1,073 million for PAYE and €42 million for non-PAYE.

Written Answers — Department of Finance: Motor Insurance (8 May 2018)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland has the power to direct insurance companies on the pricing or provision of insurance products. Indeed, the EU framework for insurance expressly prohibits Member States from adopting such rules. The provision of insurance cover and...

Written Answers — Department of Finance: Tax Code (8 May 2018)

Paschal Donohoe: Sugar Sweetened Drinks Tax is provided for by Chapter 2 of Part 1 of the Finance Act 2017. The tax commenced on 1 May 2018 and applies to first supplies in the State of sugar sweetened drinks. Sugar sweetened drinks are water and juice based drinks, in ready to consume or concentrated form, that contain added sugar and have a total sugar content of 5 grams or more per 100 millilitres in...

Written Answers — Department of Finance: Vehicle Registration (8 May 2018)

Paschal Donohoe: I am advised by the Revenue Commissioners that section 132(1), Finance Act, 1992 provided for the introduction, from 1 January 1993, of “a duty of excise, to be called vehicle registration tax”.  VRT is a tax on the registration of a vehicle and is not a tax on the importation of a vehicle.  Section 132(1) also specifies that the tax “shall be charged, levied...

Written Answers — Department of Finance: Consultancy Contracts Expenditure (8 May 2018)

Paschal Donohoe: No invoices were received by my Department, however please see the following response from state agencies under my remit relating to Diskshred Ltd. or Asset Management Ireland in the years 2011 to 2018. Of the seventeen bodies under the aegis of my Department, I am informed that fifteen have not availed of the services of the companies, Diskshred Ltd or Asset Management Ireland since...

Written Answers — Department of Finance: State Claims Agency Data (8 May 2018)

Paschal Donohoe: In response to the Deputy's question the State Claims Agency (SCA) have supplied the following table regarding active claims, broken down by Incident/Hazard Category recorded on the National Incident Management System (NIMS) as of 4 May 2018. The SCA advise that they do not record the county in which a claimant is located in a reportable manner on the NIMS. The table and the report excludes...

Written Answers — Department of Finance: Tax Code (8 May 2018)

Paschal Donohoe: I am advised by Revenue that the tax position of the person in question has been examined and is correct. Revenue has also confirmed that it has already been in direct contact with the person in regard to the issue, which seems to relate to payroll processing by their employer.

Written Answers — Department of Finance: Tax Code (8 May 2018)

Paschal Donohoe: I am advised by Revenue that the person had an underpayment of Universal Social Charge for 2016. The underpayment arose because Revenue was not informed of the change in his employment circumstances. This resulted in his tax credits for the year being applied at previous years' rates which were below the USC threshold. Revenue originally advised the person that the shortfall would be...

Written Answers — Department of Finance: Stamp Duty (8 May 2018)

Paschal Donohoe: As I have outlined in a number of PQ replies recently, the measure legislated for in section 68 of Finance Act 2017 will allow a farmer to claim relief from stamp duty where he or she sells and purchases land for the purposes of consolidating an existing farm holding has been introduced, subject to a commencement order after a full consideration of any administrative or EU state-aid...

Written Answers — Department of Finance: Foreign Earnings Deduction (8 May 2018)

Paschal Donohoe: The Foreign Earnings Deduction applies to taxpayers who work abroad during a tax year and one of the conditions of receiving the deduction is that the taxpayer must work in a relevant state, of which there are 30 eligible states. All of these 30 relevant states are non EEA states. I am advised by Revenue that given the number of variable factors involved, for example, the extra uptake...

Written Answers — Department of Finance: Tax Reliefs Costs (8 May 2018)

Paschal Donohoe: The Special Assignee Relief Programme (SARP) is available to employees of companies that are incorporated and tax resident in a country with which Ireland has a double taxation agreement or a Tax Information Exchange Agreement. SMEs are not currently excluded from availing of SARP, as long as they meet this condition. I am advised by Revenue that it is not possible to provide an...

Written Answers — Department of Finance: Tax Credits (8 May 2018)

Paschal Donohoe: I am advised by Revenue that the cost of increases to the earned income tax credit as requested by the Deputy can be found on page 6 of the Ready Reckoner which is available at: . While some of the costs of the increases sought by the Deputy are not displayed in the Ready Reckoner, those not included can be estimated on a straight-line or pro-rata basis...

Written Answers — Department of Finance: Insurance Compensation Fund (8 May 2018)

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 Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in...

Written Answers — Department of Finance: Banking Sector (8 May 2018)

Paschal Donohoe: As the deputy is aware the banks continue to increase their new lending to the economy including to the construction sector. I have been provided with the following information from both AIB and Bank of Ireland: AIB "This is an area of strategic importance for the economy and the Bank. AIB is strongly supportive of the industry and we are ready and willing to increase our support as the...

Written Answers — Department of Public Expenditure and Reform: Departmental Contingency Planning (8 May 2018)

Paschal Donohoe: Public Financial Procedures set out that a contingent liability arises in any situation where past or current actions or events create a risk of a call on Exchequer funds in the future. Contingent liabilities are not recognised in the statement of financial position but are disclosed by way of a note to the appropriation account unless the possibility of an outflow of resources is remote. ...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Recruitment (8 May 2018)

Paschal Donohoe: As the Deputy will be aware, the Public Appointments Service (PAS) is an independent, statutory body which provides professional recruitment and selection services to the civil and public service. I am informed that the PAS currently has panels in place for the grade of Assistant Principal from competitions held in late 2016 and early 2017. These competitions were held in order to create...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff (8 May 2018)

Paschal Donohoe: Phase 1A of the Civil Service Mobility scheme was launched for Clerical Officers and Executive Officers to apply for mobility in November 2017. Over 3,300 staff members have applied for mobility since its launch. As a matter of policy for the scheme, applicants are queued by date of application in the first instance, and length of service in the second instance. It was open to...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (8 May 2018)

Paschal Donohoe: Phase 1A of the Civil Service Mobility scheme was launched for Clerical Officers and Executive Officers to apply for mobility in November 2017. Over 3,300 staff members have applied for mobility since its launch.  When the Mobility system becomes operational for organisations to initiate transfers, vacant posts will be filled in accordance with the following organisational...