Results 14,161-14,180 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tracker Mortgage Examination (5 Jul 2018)

Paschal Donohoe: The Central Bank has advised that as per their Tracker Mortgage Examination Progress Report issued in April 2018, many redress and compensation schemes are nearing completion. The independent advice and appeals framework provided for under the Examination will therefore become increasingly relevant for affected customers, as they consider the offers made to them. The framework was...

Written Answers — Department of Finance: Departmental Staff Training (5 Jul 2018)

Paschal Donohoe: The Department of Finance is aware of its additional responsibilities as a controller and processor of personal data under GDPR. The Department has pre-empted the changes in legislation and has already held GDPR training for staff. In preparation for GDPR, 5 training sessions were completed by 93 staff. In addition, the Department's Data Protection Officer undertook specialised accredited...

Written Answers — Department of Finance: Legislative Measures (5 Jul 2018)

Paschal Donohoe: Home Building Finance Ireland (HBFI) is to be established to provide funding on market terms to viable residential development projects whose owners are experiencing difficulty in obtaining debt funding. The legislation establishing HBFI, the Home Building Finance Ireland Bill 2018, was published on 18 June 2018 and is now commencing its passage through the Oireachtas. It is envisaged that...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (5 Jul 2018)

Paschal Donohoe: I have no role in relation to the granting or refusal of Primary Medical Certificates (PMC). The PMC is issued by the relevant Senior Medical Officer in the HSE, or failing that an appeal may be made to the Disabled Drivers Medical Board of Appeal. The Medical Board of Appeal must be independent in its clinical determinations. There is always the option for a person who has been refused...

Written Answers — Department of Finance: Tax Yield (5 Jul 2018)

Paschal Donohoe: I am advised by Revenue that Solid Fuel is subject to both Carbon Tax (SFCT) and VAT. SFCT is an excise duty that applies to coal and peat supplied in Ireland on or after 1 May 2013. Wood is not liable to the SFCT and wood products that have no solid fuel component are also not liable to SFCT. Solid fuels are liable to VAT at a rate of 13.5%. The carbon tax collected from solid fuels in...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Training (5 Jul 2018)

Paschal Donohoe: In response to the Deputy’s question 300 people in my Department have received training in respect of GDPR to date with a further 265 expected to receive training before the end of the year. The following table provides details of GDPR training both from my Department and bodies under its remit. NAME OF BODY NUMBER OF STAFF TRAINED Department of Public Expenditure and Reform 306...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Regulations (5 Jul 2018)

Paschal Donohoe: Public Procurement is governed by EU and National rules. The aim of these rules is to promote an open, competitive and non-discriminatory public procurement regime which delivers the best value for money. It would be a breach of the EU rules for a public body to favour particular candidates on grounds such as organisation size, locality, nationality etc., and there are legal remedies which...

Written Answers — Department of Finance: Financial Services Regulation (10 Jul 2018)

Paschal Donohoe: I propose to take Questions Nos. 163 and 164 together. It was not possible to compile the information sought in the time available and, therefore, I will make arrangements to provide the information in line with Standing Orders.

Written Answers — Department of Finance: Help-To-Buy Scheme (10 Jul 2018)

Paschal Donohoe: Section 477C of the Taxes consolidation Act 1997 (Help-to-Buy Incentive) includes a sunset clause for the incentive coming into effect at the end of 2019. As the Deputy will be aware, my Department has recently commissioned an independent Cost-Benefit Analysis of the incentive. The analysis is currently underway and is due to be completed in advance...

Written Answers — Department of Finance: Insurance Costs (10 Jul 2018)

Paschal Donohoe: As the Deputy will be aware from a recent response to a PQ, it had been planned that the next quarterly Progress Update would be released before the end of July. Work is ongoing but it is still envisaged that this report will be completed by the close of the month. Having said that, it may be August before it is ready for publication on the Department of Finance website. The...

Written Answers — Department of Finance: Property Tax Exemptions (10 Jul 2018)

Paschal Donohoe: Section 156 of the Finance (Local Property Tax) Act 2012 converted any arrears of Household Charge (HHC) that were still outstanding on 1 July 2013 to a Local Property Tax (LPT) liability of €200 per property, and made Revenue responsible for collecting the increased amounts. Prior to 1 July 2013, collection of the original €100 HHC was the responsibility of the Local...

Written Answers — Department of Finance: Legislative Measures (10 Jul 2018)

Paschal Donohoe: As the Deputy is probably aware of, a constitutional referendum has been proposed to amend or repeal Article 41.2 of the Constitution. In this context, the Department of Finance is engaged in an ongoing review of legislation for which it is responsible in order to identify any such laws which are dependant on Article 41.2. To date, no such laws have been identified.

Written Answers — Department of Finance: NAMA Staff Data (10 Jul 2018)

Paschal Donohoe: The Home Building Finance Ireland Bill 2018 provides that the staff of HBFI will be provided by the NTMA on a secondment basis. This model has been successfully used in the past in establishing other entities such as the Strategic Banking Corporation of Ireland (SBCI). In order to ensure that the entity is established in the most efficient manner possible it is envisaged that the NTMA...

Written Answers — Department of Finance: NAMA Operations (10 Jul 2018)

Paschal Donohoe: I wish to advise the Deputy that it is expected that NAMA will substantially complete its work by 2020. The Agency announced in October 2017 that it had redeemed all of its €30.2bn in Senior Debt which was guaranteed by the State and since April 2018 it has commenced the redemption of its €1.6bn in subordinated debt. However, notwithstanding the successful...

Written Answers — Department of Finance: Tax Code (10 Jul 2018)

Paschal Donohoe: I am informed by Revenue that to assess the implications of Section 122(3) of the Taxes Consolidation Act (TCA) (Section 122(3) TCA)) for any employee or former employee the full portfolio of loans provided to the individual must be examined.   As stated in the reply to Parliamentary Question No. 188 of 29 May 2018, if there are a number of loans, including preferential loans, then,...

Written Answers — Department of Finance: Tax Data (10 Jul 2018)

Paschal Donohoe: I am advised by Revenue that according to their records the following amounts of Relevant Contacts Tax (RCT) were deducted from relevant payments made to the person concerned for the tax years 2005 to 2009:   Tax Year 2005  - €17,501.64 Tax Year 2006 - €26,372.88 Tax Year 2007 - €3,158.90 Tax Year 2008 - €3,605.00 Tax Year 2009 - €...

Written Answers — Department of Finance: Ministerial Travel (10 Jul 2018)

Paschal Donohoe: The cost of official domestic and overseas travel, including the cost of accompanying officials, since my appointment as Minister for Finance in June 2017 is €25,863.13. The Deputy may note that €11,744 of this cost relates to accompanying officials. The remainder pertains to me and is in respect of flights, accommodation, car hire and other expenses. It should be noted...

Written Answers — Department of Finance: Freedom of Information Requests (10 Jul 2018)

Paschal Donohoe: In response to the Deputy, as of Thursday 5 July 2018, a total of 206 FOI requests have been received by the Department of Finance, 21 of which are currently in process. The Department has refused 38 FOI requests in 2018 to date. The Department has received four appeals for Internal Review to date, with all cases fully concluded. There was one appeal to the Office of...

Written Answers — Department of Finance: Vacancies on State Boards (10 Jul 2018)

Paschal Donohoe: There are seven state boards under the remit of my Department. There are no vacancies on five of these boards. These are the Credit Union Restructuring Board, the Financial Services and Pension Ombudsman, the Irish Fiscal Advisory Council, the National Asset Management Agency and the National Treasury Management Agency. I am advised that the Strategic Banking Corporation of Ireland has one...

Written Answers — Department of Finance: Tax Appeals Commission (10 Jul 2018)

Paschal Donohoe: The Tax Appeals Commission (TAC) was established in March 2016 as part of the reform of the tax appeals system introduced under the Finance (Tax Appeals) Act 2015. The Commission was set up as an independent body with its own vote and Accounting Officer and is a body under the aegis of the Department of Finance. Significant additional resources have been applied to the TAC...