Results 13,621-13,640 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (29 May 2018)

Paschal Donohoe: I am advised by Revenue that Sections 1017 and 1018 of the Taxes Consolidation Act 1997 provide for married couples and couples in a civil partnership to be jointly assessed for tax purposes.  As the persons concerned are not married or in a civil partnership, the applicable tax credits and rate bands are not available to them. The basis for the current tax treatment of married...

Written Answers — Department of Finance: Tax Code (29 May 2018)

Paschal Donohoe: I am advised by Revenue that the information from tax returns and other sources available to Revenue does not provide a basis to establish the number of pregnant women in 2017 that were in receipt of a company car while on maternity leave, thus incurring a benefit in kind tax charge. I am advised by Revenue that section 121 Taxes Consolidation Act 1997 provides that an employee is chargeable...

Written Answers — Department of Finance: Tax Code (29 May 2018)

Paschal Donohoe: I am advised by Revenue that all banks are assigned to the Financial Services (Banking) District in Revenue’s Large Cases Division (LCD).    As I stated in the response to Parliamentary Question No. 77 of 1 May 2017, the legislation concerned, namely, section 122(3) of the Taxes Consolidation Act 1997 (TCA) provides that where a loan is made by an employer to an...

Written Answers — Department of Finance: Tax Data (29 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 189 to 191, inclusive, together. The table sets out the number of claimants for the Special Assignee Relief Programme (SARP) for each of the years 2012 to 2015, the most recent year for which figures are available: Year  Claimants 2012 11 2013 121 2014 302 2015 586 I am advised by Revenue that its SARP report for 2016 is likely to be published in...

Written Answers — Department of Finance: Tax Data (29 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 192 to 194, inclusive, together. A review of the Accelerated Capital Allowances scheme for Energy Efficient Equipment was undertaken by my Department in 2017, ahead of Budget 2018. This scheme is regularly reviewed, in line with the Department of Finance’s 2014 Tax Expenditure Guidelines. The 2017 review of the scheme is available at the following...

Written Answers — Department of Finance: VAT Yield (29 May 2018)

Paschal Donohoe: On 1 January 2015 new EU VAT rules came into effect changing the place where VAT is chargeable in respect of all supplies of telecommunications, broadcasting and electronic (TBE) services to consumers. VAT on these services is now chargeable where the consumer is located instead of where the supplier is located.  As a result of the change, EU and non-EU businesses are required to...

Written Answers — Department of Finance: VAT Yield (29 May 2018)

Paschal Donohoe: I am advised by Revenue that the amount of VAT collected at point of entry in each of the months January to April 2018 is provided in the table below. The value provided is the gross VAT collected and as such does not account for any VAT refunds that are subsequently repaid (through the VAT3 return). The figures provided are provisional and as such may be subject to future revisions. ...

Written Answers — Department of Finance: Revenue Commissioners Reports (29 May 2018)

Paschal Donohoe: As the Deputy is aware Revenue publish comprehensive analysis and statistics in conjunction with the Annual Report. I know that Revenue is committed to publishing data to facilitate public debate subject to the constraints of taxpayer confidentiality. I am advised by Revenue that at 31 March 2018 there were 30 open Mutual Agreement Procedure (‘MAP’) cases and 39 open...

Written Answers — Department of Finance: Tax Data (29 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 198 and 199 together. I am advised by Revenue that the number of companies that have notified Revenue that they are “qualifying companies”  for the purposes of section 110 Taxes Consolidation Act (TCA), 1997 and have not submitted Financial Statements by 28 May 2018 is set out in the table: Year Number of Corporation Tax returns filed...

Written Answers — Department of Finance: Employment Investment Incentive Scheme (29 May 2018)

Paschal Donohoe: The Employment and Investment Incentive (“EII”) is a tax incentive whereby individuals who invest in certain qualifying companies obtain tax relief on the amount invested. A qualifying company is one which: - is an unquoted SME, meaning it has less than 250 employees and has an annual turnover of up to €50 million or an annual balance sheet total of up to...

Written Answers — Department of Finance: Insurance Industry Regulation (29 May 2018)

Paschal Donohoe: At the outset, it is important to say that the circumstances in which the additional charge referred to in this question may arise are not clear from the question. The European Union (Payment Services) Regulations 2018, which transposed the revised Payment Services Directive, prohibit a payee from requesting an additional charge from a consumer for using a SEPA direct debit. However, it is...

Written Answers — Department of Finance: Fiscal Policy (29 May 2018)

Paschal Donohoe: I am pleased to say that I secured Government agreement to the drafting of a Rainy Day Fund Bill last week, in parallel with committee scrutiny of my policy proposals. This legislation will provide the essential legislative underpinning for the Rainy Day Fund and allow us to fulfill the commitment in the Programme for a Partnership Government. We have made enormous progress in recent...

Written Answers — Department of Finance: Tax Reliefs Abolition (29 May 2018)

Paschal Donohoe: A review of the appropriate treatment for tax purposes of trade union subscriptions and professional body fees was carried out by my Department in 2016 and included in the 2016 report on tax expenditures published on budget day 2016. The review may be found at the following link: ( The review concluded that: "...analysis of the scheme using the principles laid down by the Department’s...

Written Answers — Department of Finance: Insurance Data (29 May 2018)

Paschal Donohoe: The Deputy should note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Consequently, my Department has no role in collecting the information being sought by the Deputy. However, in order to provide as relevant a response as possible to the PQ, my officials contacted the Central Bank of Ireland to establish the...

Written Answers — Department of Finance: Property Tax Data (29 May 2018)

Paschal Donohoe: I am informed by Revenue that Local Property Tax (LPT) collection in 2018 is projected to be approximately €470m. This includes variations from the central rate by Local Authorities under the Local Adjustment Factor (LAF). LAF decisions for 2018 are included in Revenue’s LPT Statistics for 2018 available at: . Adjusting this forecast to assume that all Local Authorities set...

Written Answers — Department of Finance: Motor Insurance Costs (29 May 2018)

Paschal Donohoe: The Deputy should note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank can interfere in the pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on the risks they are willing to accept. However, it is acknowledged...

Written Answers — Department of Finance: Motor Insurance Regulation (29 May 2018)

Paschal Donohoe: As the Deputy may be aware, in fulfilment of Recommendation 1 from the Report on the Cost of Motor Insurance, a protocol was agreed between Insurance Ireland and my Department which provides a list of reasons for large increases in motor insurance premiums.  The content of the agreed document is available on the websites and the social media channels of the major motor...

Written Answers — Department of Finance: Motor Insurance Claims (29 May 2018)

Paschal Donohoe: The development of the National Claims Information Database is a complex project as insurers very often record data in different ways and do not necessarily use the same definitions.  For this reason, my officials established a data sub-group in 2017, which has been meeting since then to examine the issues regarding its development and to prepare the General Scheme of the legislation...

Written Answers — Department of Public Expenditure and Reform: Caiteachas Ranna (29 May 2018)

Paschal Donohoe: Freagraíodh Ceist Dála 100 ar bhonn don tuiscint is fearr atá ag m’oifigigh maidir leis an gceist a tugadh. Maidir le díolacháin do Cheadúnas don Chrannchur Naisiúnta i 2014 fuair an Príomh Crannchur na hÉireann (Premier Lotteries Ireland) réamhíocaíocht do €405m. Mar atá luaite insan freagra ar an 9 Bealtaine,...

Written Answers — Department of Public Expenditure and Reform: Living Wage (29 May 2018)

Paschal Donohoe: I refer the Deputy to PQ 7028/18 answered on 13 February 2018. The position remains unchanged.