Results 16,141-16,160 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (22 Jan 2019)

Paschal Donohoe: Section 195 of the Taxes Consolidation Act 1997 provides for the exemption of certain earnings of writers, composers and artists and allows the Revenue Commissioners to make determinations in respect of artistic works in the following categories only: 1. a book or other writing 2. a play 3. a musical composition 4. a painting or other like picture 5. a sculpture Guidelines were...

Written Answers — Department of Finance: Tax Code (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 120 and 121 together. The Irish Income Tax code has many favourable provisions relating to the tax treatment of widowed persons and, in particular, widowed parents. In the year of bereavement, a widowed person is entitled to the same personal tax credits as a married couple.  A widowed parent tax credit is then available to a widowed person with...

Written Answers — Department of Finance: Brexit Issues (22 Jan 2019)

Paschal Donohoe: The continued free-flow of trade through our ports and airports is a key priority for the Government. Revenue have undertaken and continue to undertake significant preparations to facilitate this post-Brexit. During 2018, Revenue chaired an Inter-Departmental group which was established to consider the adequacy of port and airport infrastructure and facilities, post-Brexit. The group...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 123 to 126, inclusive, together. I am informed by the Ireland Strategic Investment Fund (ISIF) that the Fund information for 31 December 2018 is not yet available, however preliminary information will be published no later than 1 February 2019. In the interim, please find as follows the requested information for 30 June 2018. The assets in the ISIF...

Written Answers — Department of Finance: Departmental Expenditure (22 Jan 2019)

Paschal Donohoe: In response to the Deputy’s question, my Department spent €318,000 on airline costs in 2018.  An amount of €136,000 of these costs is recoupable in respect of meetings run by the Council of the European Union and other bodies such as the European Commission. The above figures are rounded to the nearest €100.

Written Answers — Department of Finance: Departmental Expenditure (22 Jan 2019)

Paschal Donohoe: In response to the Deputy’s question, my Department spent €8,100 on newspapers in 2018. In addition, my Department holds a number of corporate licenses giving online access to publications such as the Irish Times, Financial Times and New York Times which cost €25,600 in 2018. The above figures are rounded to the nearest €100.

Written Answers — Department of Finance: Insurance Coverage (22 Jan 2019)

Paschal Donohoe: At the outset I would like to say that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, and have no role in the day to day supervision of insurance companies . The provision of insurance cover and the price at which it is offered is a commercial matter for insurance companies and is based on an assessment of the risks they...

Written Answers — Department of Finance: Brexit Issues (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that while Customs legislation and procedures are applied and executed by the Member State’s (MS) Customs authorities acting in their own capacity, Customs is the sole competence of the EU. The Union Customs Code (UCC) which came into force on 1 May 2016 is the legal framework for Customs and this sets out the customs procedures across the EU. Revenue...

Written Answers — Department of Finance: Stamp Duty (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that receipts from Stamp Duty on non-residential property in the years 2015 to 2017 are as provided in the table. Year Stamp Duty on non-residential property 2015 €178 m 2016 €256 m 2017 €206 mThe latest Revenue figures show that just over €489 million was collected under this heading in 2018.  In the year to end-December 2018,...

Written Answers — Department of Finance: Departmental Communications (22 Jan 2019)

Paschal Donohoe: I wish to clarify for the Deputy that the recent guidance note on 'Transfers of Banking Business under Part III of the Central Bank Act 1971' published by my Department does not in any way change the requirements in relation to seeking the approval of the Minister for Finance as set out in the Central Bank Act 1971 (as amended). Rather this guidance note is intended to bring clarity to this...

Written Answers — Department of Finance: Social and Affordable Housing Data (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 133 to 135, inclusive, together. I am advised that NAMA funded the delivery of 9,669 homes by its debtors and receivers between January 2014 and December 2018. I am advised that debtors and receivers whose projects are funded by NAMA must comply with the same statutory obligations in relation to Part V of the Planning and Development Act 2000 as all...

Written Answers — Department of Finance: NAMA Operations (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 136 and 137 together. I wish to advise the Deputy that it is expected that NAMA will substantially complete its work by 2020/2021. NAMA is on track to have repaid all its subordinated debt and to have reimbursed the private shareholders in the NAMA DAC by that time. NAMA will have also substantially completed its residential funding programme and its...

Written Answers — Department of Finance: NAMA Debtors (22 Jan 2019)

Paschal Donohoe: I am advised by NAMA that, as at November 2018, there were 223 debtors remaining under management. Of these connections, 139 were in support or forbearance strategies and 84 were subject to enforcement. At the same date, these debtors had a combined par debt balance of €23.9bn. The value of the assets securing this debt is very low and NAMA is working to maximise the amount of debt...

Written Answers — Department of Finance: NAMA Staff Data (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 139 and 140 together. The NAMA Voluntary Redundancy Scheme (“VRS”) was first approved by the NAMA Board in 2015. The nature of the redundancy payments has previously been outlined to the Dáil and is in keeping with established public sector norms; that is, two weeks statutory pay per year of service, capped at €600 per week, plus...

Written Answers — Department of Finance: Stability Programme Data (22 Jan 2019)

Paschal Donohoe: In accordance with the requirements of the European Semester, the stability programme update (SPU) 2019 will be published before the end of April 2019. As was the case for Budget 2019, the SPU macroeconomic and fiscal projections will incorporate the latest information on the macroeconomic impacts of the UK’s most likely exit scenario, and will also include sensitivities around this...

Written Answers — Department of Finance: EU Directives (22 Jan 2019)

Paschal Donohoe: EU Directive 92/83/EEC deals with the harmonization of the structures of excise duties on alcohol and other alcoholic beverages.  This Directive provides that Member States may apply reduced rates of excise for small beer producers, an option which Ireland has exercised. A proposal to amend the EU Directive 92/83/EEC was published by the European Commission in 2018. The...

Written Answers — Department of Finance: Revenue Commissioners (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that the telephone number quoted by the Deputy is the National PAYE Customer Helpline, which deals with a range of queries from PAYE employees such as tax credit entitlements, credit allocations across employments and tax overpayment or underpayment situations. The demand for this service is traditionally highest in the early months of each year when PAYE customers...

Written Answers — Department of Finance: Tobacco Seizures Data (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that it jointly conducts an annual survey with the HSE’s Office of Tobacco Control to provide an estimate of the level of illegal tobacco usage in Ireland. The 2017 ‘Illegal Tobacco Products Research Survey’ contains the information requested by the Deputy for the years 2009 to 2017 and is available on the Revenue website at link: . Results from...

Written Answers — Department of Public Expenditure and Reform: Ports Facilities (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 146. 156 and 157 together. On the 19 December 2018, the Government published its Contingency Action Plan which gives an overview of the comprehensive, cross-Government preparations that are underway. This includes putting in place the infrastructure required at Dublin ports and airports as a consequence of the UK leaving the EU. The Office of Public Works has...

Written Answers — Department of Public Expenditure and Reform: Tax Reliefs Application (22 Jan 2019)

Paschal Donohoe: I have raised this matter with the National Shared Services Office (NSSO), which is a Scheduled Office under the aegis of my Department. I understand from the NSSO that the Tax Saver Scheme is available to all serving permanent Civil Servants.  There are two periods of application during which Civil Servants can avail of this 12-month scheme: July – June and January –...