Results 15,161-15,180 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (25 Oct 2018)

Paschal Donohoe: The Public Appointments Service (PAS) has been provided with a capital allocation of €2,500,000 in 2019.  This funding will enable PAS to commence two capital projects in 2019 - Project Nova (€1m in 2019) and a project to upgrade the organisation's office premises (€1.5m in 2019). Details of both projects are outlined in the table below. While both projects will...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (25 Oct 2018)

Paschal Donohoe: The NSSO Function, a business Division of the National Shared Services Office (Vote 18), will receive a capital allocation of €10,900,000 in 2019. A breakdown of the €10,900,000 capital allocation in the NSSO Function is as follows: Project Cost Commenced in 2019 Completed in 2019 Financial Mangement Shared Services Project (FMSS) €8,256,000 No Ongoing project...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (25 Oct 2018)

Paschal Donohoe: The Human Resources Shared Services Division of the National Shared Services Office (NSSO) will receive a capital allocation of €100,000 to enable the upgrade of the Division's facilities in 2019. A breakdown of the €100,000 capital allocation is as follows: Project Cost Will Commence in 2019 Will be completed in 2019 Pensions Room €20,000 Yes Yes Communal Canteen...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (25 Oct 2018)

Paschal Donohoe: The Office of Public Works has engaged in extensive consultations with the Office of the Revenue Commissioners, Department of Agriculture, Food and Marine, Department of Health, Health Service Executive, Department of Transport and An Garda Síochána to identify additional infrastructural requirements in ports and airports. This work is ongoing and includes facilities for...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (6 Nov 2018)

Paschal Donohoe: I am informed by the National Treasury Management Agency (NTMA) that the Ireland Strategic Investment Fund (“ISIF”) has completed four investments under the Connectivity Fund, namely: - A $28 million co-investment in Aqua Comms DAC, a company that has developed fibre optic cables linking the USA, Ireland (Killala, Mayo) and the UK. - A €35 million investment as a...

Written Answers — Department of Finance: VAT Exemptions (6 Nov 2018)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Under domestic legislation, professional medical care services recognised as such by the Department of Health and Children are exempt from VAT. Professional medical care services recognised by the Department of Health and Children are generally those medical care services...

Written Answers — Department of Finance: Tax Reliefs Application (6 Nov 2018)

Paschal Donohoe: I am advised by Revenue that individuals or organisations that have a qualifying vehicle registered under the Drivers and Passengers with Disabilities Scheme can make an application for the Fuel Grant Refund for any twelve-month period (in arrears). The same process is employed regardless of the fuel type used. The quickest and easiest way to make a claim is to apply online using...

Written Answers — Department of Finance: Property Tax Data (6 Nov 2018)

Paschal Donohoe: I am advised by Revenue that the Local Property Tax (LPT) receipts from properties in counties Sligo and Leitrim; the number of properties for which LPT is paid; the number claiming an exemption and the compliance rate (including properties where LPT is paid and where an exemption is claimed) is available at link: .

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (6 Nov 2018)

Paschal Donohoe: The SBCI has delivered two major risk-sharing schemes, the Agriculture Cashflow Support Loan Scheme and the Brexit Loan Scheme, in 2017 and 2018. The Agriculture Cashflow Support Loan Scheme has now concluded and a total of approximately €145m of loans were drawn down by over 4,200 SMEs under that scheme. The loans were made available through AIB, Bank of Ireland and Ulster...

Written Answers — Department of Finance: Tax Yield (6 Nov 2018)

Paschal Donohoe: I propose to take Questions Nos. 166 to 169, inclusive, and 208 to 210, inclusive, together. I assume that when referring to the employee tax credit, the Deputy is referring to the Employee PAYE Tax Credit. I am advised by Revenue that the estimated increases to the Standard Rate Cut Off points, Earned Income Tax credit, Employee PAYE Tax Credit and Home Carer Tax Credit are set out in...

Written Answers — Department of Finance: Tax Reliefs Data (6 Nov 2018)

Paschal Donohoe: I am informed by the Revenue Commissioners that the estimated cost of a €10,000 increase in the Capital Acquisitions Tax Group A threshold is set out in the post-Budget 2019 Ready Reckoner at link. Larger increases above €10,000 can be estimated on a pro-rata basis from the 2019 information in the Ready Reckoner and projected costs for years beyond 2019 are not available at...

Written Answers — Department of Finance: Budget 2019 (6 Nov 2018)

Paschal Donohoe: Equity and loan transactions affect the Exchequer balance but are excluded from the general government balance under the European System of Accounts 2010 framework. This is because they are essentially an exchange of one type of asset (e.g. cash) for another (e.g. equity or loans). For example, the sale of AIB shares in 2017 benefitted the Exchequer but had no impact on the general government...

Written Answers — Department of Finance: Irish Real Estate Fund (6 Nov 2018)

Paschal Donohoe: I am advised by Revenue that under Part 30 of the Taxes Consolidation Act 1997 (TCA) an individual in a defined contribution pension savings arrangement has the option of putting the funds accumulated under the arrangement into an Approved Retirement Fund (ARF) on retirement, subject to conditions. Where, at the time of exercising an option, such an individual is under the age of 75 and does...

Written Answers — Department of Finance: Irish Real Estate Fund (6 Nov 2018)

Paschal Donohoe: The Irish Real Estate Fund (IREF) regime was introduced by Finance Act 2016 and is effective for accounting periods starting on or after 1 January 2017. Under the regime, a fund is classified as an IREF if it derives 25% or more of its value from Irish land and buildings. While the IREF regime came into force for accounting periods commencing on or after 1 January 2017, the first payment...

Written Answers — Department of Finance: Budget 2019 (6 Nov 2018)

Paschal Donohoe: As I announced in my Budget speech, the value of the Home Carer Tax Credit will be increased from its current level of €1,200 to €1,500 at an estimated full year cost of €24 million. This is the fourth Budget in a row that the Home Carer Tax credit has been increased and it has been increased by a total of €690. This increase will be of benefit to stay-at-home...

Written Answers — Department of Finance: Ministerial Meetings (6 Nov 2018)

Paschal Donohoe: As per my response to the previously posed PQ, 44309-18, it is not my Department's practice to pass out documents of the type requested in response to a Parliamentary Question. The only records relating to meetings between the Minister for Finance and/or Department of Finance officials and Enet refer to a meeting between my predecessor as Minister for Finance and representatives of Enet...

Written Answers — Department of Finance: Tax Collection (6 Nov 2018)

Paschal Donohoe: The move to real-time reporting is the most significant change to the PAYE system since its introduction more than fifty years ago. The modernisation programme will bring improved accuracy and transparency for all stakeholders, including employers, employees and Revenue, while also significantly streamlining the entire administration process. To that end, the introduction of PAYE...

Written Answers — Department of Finance: Tax Code (6 Nov 2018)

Paschal Donohoe: For the purposes of Capital Acquisitions Tax, the relationship between the person who provides the gift or inheritance and the beneficiary determines the threshold, known as the ‘Group threshold’, for the value of gifts or inheritances below which gift or inheritance tax does not arise. There are three separate Group thresholds based on the relationship of the beneficiary to...

Written Answers — Department of Finance: Tax Exemptions (6 Nov 2018)

Paschal Donohoe: I understand that the Deputy’s question refers to the leasing of farm land by a lessor to their brother-in-law or sister-in-law. I am advised by Revenue that the leasing of land to the spouse or civil partner of a brother or sister of the lessor or the leasing of land to the brother or sister of a spouse or civil partner of a lessor is regarded as a lease between connected persons and...

Written Answers — Department of Finance: VAT Rate Application (6 Nov 2018)

Paschal Donohoe: There has been no change to the application of VAT in respect of the provision of long term hire of a mobile home, which is subject to the standard rate of VAT, currently 23%. As announced in the Budget, the second reduced VAT rate of 9% will increase to 13.5% on certain goods and services, supplies of catering and restaurant services, tourist accommodation, hotel and other holiday...