Results 14,781-14,800 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Compensation Fund (4 Oct 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 the Insurance (Amendment) Act 2018 (Act 21 of 2018) was signed into law in July this year. The Act, inter alia, provides for the payment of 100% of the...

Written Answers — Department of Finance: Motor Insurance Costs (4 Oct 2018)

Paschal Donohoe: As the Deputy may be aware, in fulfilment of a recommendation from the Report on the Cost of Motor Insurance, a protocol was agreed between Insurance Ireland and the Department of Finance under which insurance companies committed to accepting the driving experience returning emigrants gained while abroad, when the driver has had previous driving experience in Ireland. The guiding principle...

Written Answers — Department of Finance: Departmental Correspondence (4 Oct 2018)

Paschal Donohoe: I wish to advise Deputy Kelly that I do not use private email to communicate on Departmental issues. Minister of State D'Arcy and all special advisers in my Department also do not use private email for such communication. All staff in the Department are informed of the Records Management Guidelines (September 2017) in place and are obliged to carry out official activities according to...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman Data (4 Oct 2018)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of his office. As the Deputy will be aware the Financial Services and Pensions Ombudsman was established on 1 January 2018 under the Financial Services and Pensions Ombudsman Act 2017. The figures provided...

Written Answers — Department of Finance: Living City Initiative (4 Oct 2018)

Paschal Donohoe: I am advised by Revenue that the number of applications received since the Living City Initiative commenced in May 2015 is 136. Information in relation to the number of claimants, the amount claimed and the cost to the Exchequer in 2015 and 2016, the most recent year for which data is available, is included in the table below: Year Number of claimants Amount claimed €M Maximum tax...

Written Answers — Department of Public Expenditure and Reform: Exchequer Savings (4 Oct 2018)

Paschal Donohoe: As outlined in the September 2018 Fiscal Monitor published by the Department of Finance, overall gross voted expenditure to the end of September 2018 was €44,874 million. This was only slightly over profile, by €13 million, and €3,208 million, or 7.7 per cent, higher than expenditure for the same period in 2017. Gross voted current expenditure of €41,601 million...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: Today I present my second budget to the House and to the Irish people as Minister for Finance and Public Expenditure and Reform. INTRODUCTION A decade on from the financial and economic crisis that wrought havoc on the lives and aspirations of so many of our citizens, I can report that our economy is again growing strongly and sustainably. A record number of people have jobs and many of our...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: The housing needs of over 25,000 of our people will be met this year alone and by the end of 2018, over 70,000 housing solutions will have been delivered under the Rebuilding Ireland programme. Of these, just under 12,000 will be delivered through building, over 5,000 through acquisitions and 3,600 through leasing. A further 49,700 have been delivered through the housing assistance payment...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: The rate was due to be 100% by 2021 but will now be effective from 1 January 2019. Local Property Tax I announced a review of the local property tax, LPT, earlier this year, together with a broad consultation process. I understand that the recent changes in property values have caused concern about future liabilities, particularly among vulnerable members of our society. I want to restate...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: I am announcing a further increase of €1.05 billion in health funding for next year. This brings the health budget to €17 billion. Taken together, the additional investment in health in the past two years comes to €2.25 billion or an increase of 15%, the highest point in our history.

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: The allocation I am announcing today will facilitate a range of additional services, including initiatives proposed under Sláintecare. These include a €25 increase in the weekly income threshold for GP visit cards; a 50 cent reduction in prescription charges from €2 to €1.50 for all medical card holders over the age of 70; and a €10 reduction in the monthly...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: With regard to the 2019 capital envelope for health, €174 million has been provided, bringing the total capital allocation to €670 million for next year. Tobacco I am increasing excise duty on a pack of 20 cigarettes by 50 cent, with a pro rataincrease on other tobacco products. This will bring the price of cigarettes in the most popular price category to €12.70. I am...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: A new paid parental leave scheme will be introduced in November 2019 to provide two extra weeks' leave to every parent of a child in their first year. I intend to increase that to seven extra weeks over time. To support working families and to ensure that work pays, next March, I will increase the earnings disregard for the one-parent family payment and introduce a maintenance disregard for...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: -----and their children from €310,000 to €320,000. Film Corporation Tax Credit To support the continued growth of the film industry in Ireland, I am legislating to extend the film corporation tax credit beyond the current end date of 2020 until December 2024. To ensure all areas of our country can benefit from the film industry, I am also introducing a new, time-limited...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: These increases will take effect from 1 January 2019 and generate an additional €40 million in 2019 and €52 million in a full year. Climate Change Budget 2019 builds on the new commitments made in the national development plan which represents a step-change in funding commitments for climate action. Of every €5 in Exchequer investment in the plan, €1 will be...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: In 2019, the Department of Communication, Climate Action and Environment will invest over €164 million in targeted measures to achieve Ireland's energy efficiency and renewable energy objectives in line with the Government's national mitigation plan. Additional climate related measures across other Departments in 2019 include: €103.5 million for improvements in grant and...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: -----€70 million for the targeted agricultural modernisation scheme; and additional funding of €70 million for the environment and waste management programme.

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: In relation to tax measures, I am extending the VRT relief for hybrid vehicles until the end of 2019. I will then review these reliefs in the context of the overall changes to VRT brought about by the new emissions measurement system, namely, the WLTP. The new system will increase the amount of VRT payable on many new cars. The measures were introduced on a transitional basis this...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: However, it is also a part of our society which faces a number of threats with Brexit posing specific challenges. To support the sector and, in particular, disadvantaged farmers, I am allocating an additional €57 million of current expenditure to the Department of Agriculture, Food and the Marine in 2019. A sum of €60 million in current and capital Brexit-related supports will...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Paschal Donohoe: For the 150,000 self-employed workers who make up an important part of our economy, the earned income credit will be increased by a further €200 to €1,350. The income tax changes I am making today are responsible - they are targetted. They provide targeted relief for those on lower and middle incomes. They do not erode our tax base and they are affordable. PUBLIC SERVICE PAY...