Results 19,441-19,460 of 32,999 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Expenditure (9 Oct 2019)

Paschal Donohoe: Between 1 January 2018 and 1 January 2019, my Department had an allocation of €1,155,000 under the Admin Non-Pay category Subhead III:Training and Development and Incidental Expenses. The total expenses incurred in this category amounted to €925,952.52.

Written Answers — Department of Finance: Revenue Commissioners Enforcement Activity (9 Oct 2019)

Paschal Donohoe: Revenue’s primary goal is to ensure that all taxpayers and businesses meet their tax obligations in a timely fashion. Any delay in the collection of tax revenue impacts on the level and timeliness of the financial resources available to the Exchequer and adds to Government borrowing and public debt interest. Accordingly, Revenue has a strong focus on making sure that all taxpayers...

Written Answers — Department of Finance: Banking Sector (9 Oct 2019)

Paschal Donohoe: As the Deputy will be aware, AIB/EBS is an independent company with listings on the Irish and London Stock Exchanges. Decisions in regards to commercial agreements are the sole responsibility of the board and management of AIB which must be run on an independent and commercial basis. The bank's independence is protected by a Relationship Framework which is a legally binding document that...

Written Answers — Department of Finance: Excise Duties (9 Oct 2019)

Paschal Donohoe: The excise rates on alcohol were last increased in in 2014 in spite of the growth in the economy since then. Consequently, excise duty as a proportion of the average price of alcohol products sold in the on-trade has generally reduced in recent years There are consequential health and societal costs associated with the consumption of alcohol products. To reduce the rate of excise duty at...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (9 Oct 2019)

Paschal Donohoe: A breakdown of expenditure by my Department in the category of training and development and incidental expenses in 2018 is set out in the following two tables. The first table is for Vote 11 (Department of Public Expenditure and Reform) and the second table is for Vote 39 (Office of Government Procurement). Training and Development and Incidental Expenses - Department of Public...

Written Answers — Department of Finance: Tax Code (10 Oct 2019)

Paschal Donohoe: The flat-rate expenses (FRE) allowance regime is a concessionary practice operated by Revenue, where both specific commonality of expenditure exists across an employment category and the statutory requirement for the tax deduction as set out in section 114 of the Taxes Consolidation Act (TCA) 1997 is satisfied. To qualify for tax relief under that section, any travelling expenses must be...

Written Answers — Department of Finance: Help-To-Buy Scheme Data (10 Oct 2019)

Paschal Donohoe: The Help To Buy tax incentive (HTB), announced in Budget 2017 and backdated to 19 July 2016, is designed to assist first-time buyers with the deposit required to purchase or self-build a new house or apartment to live in as their home. HTB has a two main stages: the application stage and the claim stage. Compliant taxpayers who complete a HTB application are provided with an application...

Written Answers — Department of Finance: Help-To-Buy Scheme (10 Oct 2019)

Paschal Donohoe: The Deputy correctly suggests that the measure, which is provided for in Section 477C of the Taxes Consolidation Act of 1997, currently includes a sunset clause of 31 December 2019. In my Budget 2020 speech on Tuesday, I announced that I intend to amend the legislation to provide for an extension of the Help To Buy scheme, in its present form, for a further two-year period up to 31...

Written Answers — Department of Finance: Insurance Costs (10 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 106 and 107 together. I am aware of the issues facing many businesses in the leisure sector when it comes to the affordability and availability of insurance. Unfortunately, neither I, nor the Central Bank of Ireland, have any influence over the pricing of insurance products, and neither can we compel any insurer operating in the Irish market to provide cover...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Capital (10 Oct 2019)

Paschal Donohoe: The Ireland Strategic Investment Fund (ISIF) publishes biannual reporting which contains an update on the status of the operation of the ISIF, including economic impact reporting. The latest report (available at ) sets out an overview of ISIF as at 30 June 2019 and the regional spread of ISIF's investments as at 31 December 2018. The regional breakdown which is geographically balanced,...

Written Answers — Department of Finance: Property Tax (10 Oct 2019)

Paschal Donohoe: The Finance (Local Property Tax) Act 2012 (as amended) specifies that a ‘residential property’ is defined for LPT purposes as ‘any building or structure which is in use as, or is suitable for use as, a dwelling’. The Act also provides that residential property owners are obliged to file LPT returns based on their assessment of the market value of the property on...

Written Answers — Department of Finance: Legislative Measures (10 Oct 2019)

Paschal Donohoe: Standing Order 164A of Dáil Eireann Standing Orders 2016 and Standing Order 168 of Seanad Eireann Standing Orders 2017 provide that "twelve months following the enactment of a Bill, save in the case of the Finance Bill and the Appropriation Bill, the member of the Government or Minister of State who is officially responsible for implementation of the Act shall provide a report which...

Written Answers — Department of Finance: Legislative Measures (10 Oct 2019)

Paschal Donohoe: The document provided at the following link sets out in tabular form the legislation passed between March 2011 and 7 October 2019 for which I, as Minister for Finance, sponsored and for which my Department - the Department of Finance - is responsible for. The Deputy might note that the Central Bank and Financial Services Authority of Ireland (Amendment) Act 2017 enacted on 25 July 2017 has...

Written Answers — Department of Public Expenditure and Reform: Legislative Measures (10 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 115 and 116 together. The information requested by the Deputy on the Acts passed since 2011 and the dates of enactment is set out in the following table. Name of Act Date of Enactment Data Sharing and Governance Act 2019 4 March 2019 Houses of the Oireachtas Commission (Amendment) Act 2018 27 December 2018 Public Service Superannuation (Age of Retirement)...

An tOrd Gnó - Order of Business (15 Oct 2019)

Paschal Donohoe: I can deal with the poverty-proofing of the budget. The Department of Public Expenditure and Reform looked at the impact of the budget on different income groups. Our analysis was that the budget would not have a regressive impact on the vast majority of people. The ESRI's analysis, to which the Deputy referred, did not take account of service improvements.

An tOrd Gnó - Order of Business (15 Oct 2019)

Paschal Donohoe: For example, it did not take account of the changes in the national childcare scheme. It focused on matters from a purely income distribution point of view. It did not look at any service improvements that the budget is looking to deliver.

An tOrd Gnó - Order of Business (15 Oct 2019)

Paschal Donohoe: I am happy to make that information available.

Written Answers — Department of Finance: NAMA Portfolio (15 Oct 2019)

Paschal Donohoe: As the Deputy may be aware, NAMA does not own property, rather NAMA has acquired loans for which properties act as security. I am advised by NAMA that its debtors and receivers control a small number of properties in Newbridge, County Kildare.  Under Sections 99 and 202 of the NAMA Act, NAMA is prohibited from disclosing confidential debtor information, including information on...

Written Answers — Department of Finance: Tax Reliefs Data (15 Oct 2019)

Paschal Donohoe: Section 50 of Finance Act 1999 provided for a student accommodation scheme whereby expenditure incurred on student rental accommodation can be set against the rental income from the property and against other Irish rental income, thus reducing the taxable income of the person incurring the expenditure. The relevant provisions in the Taxes Consolidation Act 1997 are contained in Part...

Written Answers — Department of Finance: Insurance Costs (15 Oct 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 and my Department does not collect or publish the type of information being sought by the Deputy. However, the Central Statistics Office, does track the cost of insurance to consumers as part of the Consumer Price Index (CPI). My...