Results 16,281-16,300 of 32,961 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (30 Jan 2019)

Paschal Donohoe: The Department of Public Expenditure and Reform does not procure any public works projects. However, as Minister for Public Expenditure and Reform I have responsibility for public procurement policy. With regards to construction procurement policy, all public works projects that are delivered under the Exchequer-funded element of the Government's capital plan must be procured in...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (30 Jan 2019)

Paschal Donohoe: I wish to advise the Deputy that no capital expenditure projects costing €10 million or more have been entered into by my Department since its establishment in 2011.

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (30 Jan 2019)

Paschal Donohoe: The Public Service Superannuation (Age of Retirement) Act 2018 came into effect on 26 December 2018. The Act provides for an increase in the compulsory retirement age to 70, for public servants recruited prior to 1 April 2004. Any public servant covered by the Act now has the choice to work to age 70 on existing terms and conditions, subject to the normal standards of health and performance....

National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018: Referral to Select Committee (31 Jan 2019)

Paschal Donohoe: I move:That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 84A(3)(a) and 149 (1).

Written Answers — Department of Finance: VAT Rate Application (31 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 58, 64 to 66, inclusive, and 68 together. The standard rate of VAT applies to food supplements. However, a Revenue Commissioners concession allowed the zero rate to be applied to certain types of vitamins, minerals and fish oils. Revenue has since decided to remove this concession with effect from 1 March 2019 so that all food supplements will be charged...

Written Answers — Department of Finance: Insurance Costs (31 Jan 2019)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. This position is...

Written Answers — Department of Finance: Tax Code (31 Jan 2019)

Paschal Donohoe: I can advise the Deputy that there is already a capital allowance scheme available to lessors of residential accommodation. The scheme, the Living City Initiative, was extended by Finance Act 2016 to allow capital allowances to be claimed by lessors of residential property on conversion or refurbishment expenditure incurred on property situated in a special regeneration area. The areas coming...

Written Answers — Department of Finance: Tax Code (31 Jan 2019)

Paschal Donohoe: The increase in the betting duty rate from 1 per cent to 2 per cent, and the betting intermediary duty rate from 15% to 25%, came into effect on 1 January 2019. It is too early to draw any conclusions on the impact of these increases. Receipts from betting duty represented less than 1 per cent of all excise receipts in 2017 and this is also likely to be the case in for 2018. In addition,...

Written Answers — Department of Finance: Insurance Data (31 Jan 2019)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither my Department nor the Central Bank of Ireland collect the type of information being sought by the Deputy on a routine basis. However, the Deputy will note that in line with Recommendation 12 of the Cost of Insurance Working...

Written Answers — Department of Finance: Central Bank of Ireland Transactions (31 Jan 2019)

Paschal Donohoe: I am informed by the Central Bank that it conducted a review of over-the-counter services in 2016, including over-the-counter sales of a wide range of commemorative coins. The review, which included an analysis of customer demand and volume of coins sold, identified very low usage of the service by members of the public. The Central Bank introduced an online sales platform for collector...

Written Answers — Department of Finance: Tax Code (31 Jan 2019)

Paschal Donohoe: I am advised by Revenue that they do not intend to further review the flat rate expense categories already identified as not meeting the statutory requirement for tax deduction, as set out in Section 114 of the Taxes Consolidation Act 1997. The Deputy will be aware from my previous replies on this matter that Revenue confirmed an implementation date of 1 January 2020 in respect of any...

Written Answers — Department of Finance: Legislative Measures (31 Jan 2019)

Paschal Donohoe: As evidenced in the IFS2020 Action Plan, the Government is committed to developing our Investment Limited Partnership Act 1994 to make the structure more attractive to fund managers. Due to changes in the global private equity market, in both structure and relevant European legislation, a case has been made to update the 1994 Act. As a result, I sought and obtained approval from the...

Written Answers — Department of Finance: Property Tax Assessments (31 Jan 2019)

Paschal Donohoe: Local Property Tax (LPT) is a self-assessed tax and residential property owners are obliged to determine the market value for their properties as at 1 May 2013, file an LPT Return, calculate the relevant LPT liabilities, and make payment arrangements each year for the tax due. I am advised by Revenue that according to its records the person mentioned by the Deputy is the registered owner...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (31 Jan 2019)

Paschal Donohoe: The following table outlines the number of staff in my Department and the bodies under its aegis that are currently on the list for the Civil Service Mobility Scheme. Department / Agency No. Staff on List Department of Public Expenditure and Reform 7 Office of Government Procurement 12 Office of Public Works 41 National Shared Services Office 234 Public Appointments Service...

Written Answers — Department of Public Expenditure and Reform: Departmental Funding (31 Jan 2019)

Paschal Donohoe: This type of funding request is not a matter for my Department. As the Deputy may be aware, Local Enterprise Offices are the first stop shop for business supports. I would also refer the Deputy to the online guide 'Supporting SMEs'. There are over 170 different Government supports for Irish start-ups and small business and this guide helps such businesses navigate the range of available...

Written Answers — Department of Finance: VAT Rate Application (5 Feb 2019)

Paschal Donohoe: Under the VAT Consolidation Act, the standard rate of VAT applies to all food supplements, which are not foods in the ordinary and everyday meaning of the word. However, a longstanding concession provided through Revenue guidance permitted the zero rating of certain types of food supplements (vitamins, minerals and fish oils). Revenue published new guidance on 27 December 2018 concerning the...

Written Answers — Department of Finance: Mortgage Data (5 Feb 2019)

Paschal Donohoe: The Central Bank of Ireland advises that it is not aware of an overcharging issue in relation to the entity referred to by the Deputy. However, the Bank has also indicated that if the Deputy has any relevant information which he wishes to bring directly to its attention, it will consider such information in the context of its supervisory activity. On the other hand, if the Deputy is...

Written Answers — Department of Finance: Tax Code (5 Feb 2019)

Paschal Donohoe: I propose to take Questions Nos. 156 and 162 together. The increase in the betting duty rate from 1% to 2%, and the betting intermediary duty rate from 15% to 25%, came into effect on 1 January 2019. It is too early to draw any conclusions on the impact of these increases. Receipts from betting duty represented less than 1% of all excise receipts in 2017 and this is also likely to be...

Written Answers — Department of Finance: Tax Deduction Systems (5 Feb 2019)

Paschal Donohoe: I propose to take Questions Nos. 157, 159 and 175 together. The Deputies will be aware that new administrative arrangements for PAYE (PAYE Modernisation) commenced on 1 January this year. These new arrangements do not affect the way income tax and other statutory deductions are calculated under the PAYE system, but do change the way employers report payroll information to Revenue. In most...

Written Answers — Department of Finance: VAT Payments (5 Feb 2019)

Paschal Donohoe: Following the departure of the United Kingdom from the EU, VAT and customs duty will become chargeable at the point of importation for UK imports. In Ireland, approved importers can use the deferred payment system allowing them to defer payment of certain charges, including customs and VAT at import, until the 15th of the month following importation. The deferred payment system requires...