Results 18,201-18,220 of 32,983 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Properties (18 Jun 2019)

Paschal Donohoe: I propose to take Questions Nos. 147 and 148 together. In response to the Deputy's question my Department has not purchased or leased buildings, property or land in the past five years. The Department is a client of the Office of Public Works for all property related matters.

Written Answers — Department of Finance: Property Tax Application (18 Jun 2019)

Paschal Donohoe: The Government decided that the LPT should be centred on the principles of equity, transparency and simplicity and that a universal liability should apply to all owners of residential property with a limited number of exemptions and reliefs. Limiting the reliefs available allows the rate to be kept to a minimum for those liable persons who do not qualify for relief. Properties in managed...

Written Answers — Department of Finance: Financial Services Regulation (18 Jun 2019)

Paschal Donohoe: At the outset, it is important to note that while as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, it is the Central Bank of Ireland that is responsible for the day-to-day supervision of life assurance companies. However, in order to assist the Deputy, my officials contacted the Central Bank of Ireland about this query and...

Written Answers — Department of Finance: Credit Register Data (18 Jun 2019)

Paschal Donohoe: Section 30 of the Credit Reporting Act 2013, provides that "The Bank may produce— ... and (b)general reports, analyses and statistics from which credit information subjects cannot be identified." The Central Credit Register is focusing on the completion of the timeline for the submission of information to the Central Credit Register by lenders. In this regard, Hire Purchase, PCPs and...

Written Answers — Department of Finance: Tax Code (18 Jun 2019)

Paschal Donohoe: As a small open economy, connected to Europe, the US and the wider world, Ireland is committed to a competitive, transparent and stable corporation tax system. Our corporation tax system follows the principle of applying low rates to a broad base, which is widely recognised as being the most economically efficient model. Maintaining a corporation tax system that is sustainable and which...

Written Answers — Department of Finance: Property Tax Data (18 Jun 2019)

Paschal Donohoe: Local Property Tax (LPT) provides for certain properties to be exempt from the tax during a valuation period. For the current valuation period (now extended to cover from 2013 to 2020), these include properties purchased between 1 January 2013 and 31 December 2013 and trading stock of builders/developers unsold at 1 May 2013 or sold in the period 1 January 2013 to 31 October 2020. In...

Written Answers — Department of Public Expenditure and Reform: Carer's Allowance Payments (18 Jun 2019)

Paschal Donohoe: As the Deputy may be aware, the administration of carer's allowance payments is a matter for the Department of Employment Affairs and Social Protection. This includes decisions about entitlement to this allowance and the level of payments to be made to qualifying individuals. The Department of Public Expenditure and Reform does not carry out inspections of carer's allowances payments.

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Data (18 Jun 2019)

Paschal Donohoe: The information requested by the Deputy is set out in the following table: Granted Part Granted Refused Transferred Withdrawn Handled outside of FOI Total 60 68 67 0 5 7 207

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (18 Jun 2019)

Paschal Donohoe: First, I should clarify that the civil service worksharing scheme allows the individual to avail of a variety of attendance patterns so as to be able to combine work and personal responsibilities or choices. Thus, it does not involve leaving the workforce. The career break scheme, on the other hand, gives the individual the possibility to take special leave without pay for a variety of...

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (18 Jun 2019)

Paschal Donohoe: There has been no land purchased nor leased by my Department in the last five years.

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (18 Jun 2019)

Paschal Donohoe: In the past five years, my Department has not purchased any buildings nor property from its Vote (Vote 11). The Department is financing one lease from its own Vote. This lease is with the Technical University Dublin for learning facilities to support the Civil Service Learning and Development programme. The lease commenced in December 2018 with a cost of €10,800 that year. The...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (18 Jun 2019)

Paschal Donohoe: Managing the delivery of public services within budgetary allocations is a key responsibility of every Department and Minister. My Department is in regular contact with all other Departments and Offices to ensure that expenditure is being managed within the overall fiscal parameters. The drawdown of funds from the Exchequer is reported on each month against expenditure profiles in the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (19 Jun 2019)

Paschal Donohoe: I am not complacent regarding the risks posed by the increasing share of corporation tax within overall taxation revenues. Along with officials in the Department of Finance, I have identified this risk on several occasions, most recently in the April stability programme update and the Department's annual taxation report. The sharp increase in corporation tax is a notable development in...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (19 Jun 2019)

Paschal Donohoe: In acknowledging what we need to do and given the scale of risk that could develop, it is always worthwhile saying what we have already done. There are two different parts to what I am going to do in further dealing with the matter. First, we will put in place a process that the Deputy in particular has called for to see if we can form a better view regarding the sustainability of current...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (19 Jun 2019)

Paschal Donohoe: The council indicates that between €3 billion and €6 billion could be considered "excess" and this is the reason I want to put in place a new process to form a view on the sustainability of current receipts. This leads to the Deputy's point on whether we have been able to form a view on the risk that could be posed to our receipts due to the different proposals being considered...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Income Data (19 Jun 2019)

Paschal Donohoe: Ireland has one of the most progressive personal income tax systems in the world, which plays a crucial role in the process of income redistribution along with our social welfare system. Our redistributive tax system has been acknowledged internationally by both the International Monetary Fund and the OECD. However, it is the Government’s position that workers start to pay too high a...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Income Data (19 Jun 2019)

Paschal Donohoe: I reaffirm what the Taoiseach said, which is that if the economy continues to grow, the resources will be there to make a change like that. We can look at the funding generated each year through the non-indexation of the tax code, with approximately €500 million made available to do tax reform and reduction. As the Deputy knows, we are looking to move the tax thresholds in line with...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Income Data (19 Jun 2019)

Paschal Donohoe: I was involved in all of the discussions about this, as one would expect me to be on any of the discussions about income tax policy or broader tax policy. The Deputy is correct to say that there are many competing pressures on the Exchequer currently but in many areas of public expenditure levels of expenditure and recruitment are equal to those in the pre-crisis period and in some case...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: VAT Rate Increases (19 Jun 2019)

Paschal Donohoe: The second reduced 9% VAT rate was introduced on a temporary basis as part of the jobs initiative from July 2011 to December 2013 and was aimed at boosting tourism and the creation of additional jobs in that sector. The rate was designed to be temporary, but was maintained in subsequent budgets. In 2016, in A Programme for a Partnership Government, we committed to maintaining the 9% VAT...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: VAT Rate Increases (19 Jun 2019)

Paschal Donohoe: I fear that singling out one part of the country would mean I will have to name them all. The recent Central Statistics Office figures for overseas visitors to Ireland show that there was an increase of 6% in the first quarter of this year. In the first 12 weeks of the year, we had more tourists coming to our country than a year ago. I accept the huge effort that goes into running tourism...