Results 19,581-19,600 of 33,049 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Brexit Preparations (24 Oct 2019)

Paschal Donohoe: Budget 2020 was presented on the basis of a disorderly exit by the United Kingdom (UK) from the European Union (EU). Given uncertainty around the manner and timing of the UK’s departure this was the correct approach to take. Should the UK leave the EU on an orderly basis, through implementation of the Withdrawal Agreement recently agreed between the UK and EU, Ireland’s fiscal...

Written Answers — Department of Finance: Tax Compliance (24 Oct 2019)

Paschal Donohoe: I am advised by Revenue that the following table ##sets out the compliance measures introduced since Budget 2012. The table includes the projected yields and the actual yields achieved. Links to various relevant analysis and reviews published by Revenue are also included for the Deputy’s information. The total yields are determined using a conservative approach as other actions and...

Written Answers — Department of Finance: Tax Code (24 Oct 2019)

Paschal Donohoe: Officials from my Department met with the association referred to by the Deputy as part of the normal pre-Budgetary consultation process in September, 2019. I have noted the issues raised and proposals made in respect of Capital Gains Tax (CGT) by the organisation in its pre-Budget submission and in particular around possible changes to the revised Capital Gains Tax Entrepreneur Relief. ...

Written Answers — Department of Finance: Financial Services Regulation (24 Oct 2019)

Paschal Donohoe: The Central Bank has received more than 100 Brexit-related applications for authorisation. These include applications both to establish new legal entities and from existing entities seeking to extend their current authorisation. I am advised that the Central Bank does not comment on individual applications for authorisation. The Central Bank is working to ensure that...

Written Answers — Department of Public Expenditure and Reform: Brexit Supports (24 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 81 to 83, inclusive, together. Table 2 on page 38 of Expenditure Report 2020 sets out the elements that comprise the overall gross voted expenditure amount of €71.4 billion for 2020. As set out in this table, before taking account of certain Brexit related costs of €1.2 billion and timing related cash costs of €169 million, the overall...

Written Answers — Department of Public Expenditure and Reform: Government Expenditure (24 Oct 2019)

Paschal Donohoe: The initial Revised Estimates for 2016 (published in December 2015) set out an allocation of €13.149 billion of current expenditure for the Health Vote. However, these Revised Estimates were not considered by Committee or agreed by the Dáil before the Dáil was dissolved on 3 February 2016. In June 2016, the Revised Estimates were amended, and a total of €13.695 billion...

Written Answers — Department of Public Expenditure and Reform: Budget 2020 (24 Oct 2019)

Paschal Donohoe: I wish to advise the Deputy that my Department did not produce any promotional videos on Budget 2020 or pay for any social media promotion.

Written Answers — Department of Public Expenditure and Reform: Departmental Legal Cases Data (24 Oct 2019)

Paschal Donohoe: No financial settlements (as defined by the Deputy's office), were reached by my Department in the stated period. The detail of financial settlements reached by bodies under the aegis of my Department, and any inclusion of a confidentiality clause, is set out in the following table.  I am advised that the Office of Public Works will respond directly to the...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital Expenditure (24 Oct 2019)

Paschal Donohoe: The roll out of the national children’s hospital is a matter for the Minister for Health and it is his responsibility to manage this cost within his multi annual capital envelope. As the Deputy will be aware the capital allocation for Health increased by €80 million in the recently published Budget figures.  The increase in the Health capital expenditure allocation for 2020...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital Administration (24 Oct 2019)

Paschal Donohoe: Appointments to the National Paediatric Hospital Development Board are a matter for my colleague the Minister for Health and all matters relating to this Board should properly be addressed to him. The Chief Procurement Officer (CPO) served on the Board in a personal capacity and not as part of his role as CPO nor as a representative of my Department. The roll-out of the National...

Written Answers — Department of Finance: VAT Rebates (5 Nov 2019)

Paschal Donohoe: The Retail Export Scheme allows persons who are resident outside the EU and who make purchases of goods in the EU to avail of a refund of the VAT charged on these goods where the goods are exported from the EU by the tourist or traveller within three months of purchase. The UK will become a 3rd country and UK residents will become eligible for the scheme post Brexit. The provision...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (5 Nov 2019)

Paschal Donohoe: I am informed by Revenue that Drivers and Passengers with Disabilities Scheme Regulations (S.I. No. 353 of 1994) provide that where a person receives a repayment or remission of VRT/VAT in respect of a vehicle purchased to transport ‘a person with disabilities’, that person shall undertake to use the vehicle for a period of at least two years from the date of purchase. Paragraph...

Written Answers — Department of Finance: Tax Incentives (5 Nov 2019)

Paschal Donohoe: I assume from the details accompanying his question that the deputy is primarily referring to natural persons acting as landlords and income tax based measures. The Report of the Working Group on the Tax and Fiscal Treatment of Landlords examined the general issue raised in the Deputy's question. It was submitted to me for consideration in September 2017, in advance of its publication...

Written Answers — Department of Finance: Brexit Preparations (5 Nov 2019)

Paschal Donohoe: I propose to take Questions Nos. 119 to 121, inclusive, and 129 together. Budget 2020, including the macroeconomic outlook which underpins it, was based on the prudent assumption that the UK would leave the EU on 31 October without an agreement. The macroeconomic outlook is set out in the Economic and Fiscal Outlookpublished with Budget 2020. This included, at Box 4, an assessment of the...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Data (5 Nov 2019)

Paschal Donohoe: The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s national promotional institution. The purpose of the SBCI is to deliver effective financial supports to Irish SMEs to address gaps and potential failures in the Irish SME finance market as well as encouraging competition and innovation, and facilitating the efficient and effective use of EU resources and financial...

Written Answers — Department of Finance: Haulage Industry (5 Nov 2019)

Paschal Donohoe: The Diesel Rebate Scheme (DRS) was introduced in 2013 offering a partial refund to qualifying road operators on the excise paid on diesel when the retail price reaches €1.00 (Vat exclusive) or above. There is a maximum rebate of 7.5 cents per litre when the retail price is €1.25 (Vat exclusive) or above. In recognition of the challenges facing the road haulage sector due...

Written Answers — Department of Finance: Fiscal Policy (5 Nov 2019)

Paschal Donohoe: I commenced the National Surplus (Exceptional Contingencies) Reserve Fund(the Rainy Day Fund) on Thursday 31 October 2019. On foot of commencement and the necessary Delegation Order to the NTMA regarding the management of the Fund, I am directing the NTMA to transfer €1.5 billion from the Ireland Strategic Investment Fund (ISIF) by 30 November 2019. In preparing Budget 2020, I set...

Written Answers — Department of Finance: Revenue Commissioners Audits (5 Nov 2019)

Paschal Donohoe: I am advised by Revenue that the Statement of Caseto which the Deputy is referring issued to the Tax Appeals Commission on 30 October 2019. Revenue have also confirmed to me that a copy issued to the person in question on the same date. Revenue advise that the initial delay in preparing the Statement of Case arose due to the higher than usual volumes of correspondence received by the relevant...

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

Paschal Donohoe: I propose to take Questions Nos. 126, 127, 132, 140 and 147 together. As the Deputies are aware, Irish VAT legislation does not provide a zero rate for food supplement products; instead they are subject to the standard rate of VAT (23%). Shortly after the introduction of VAT, Revenue allowed the zero rate to be applied to certain food supplement products (vitamins, minerals and fish...

Written Answers — Department of Finance: Budget Measures (5 Nov 2019)

Paschal Donohoe: As usual, there are a number of measures in the Finance Bill 2019 that were not announced on Budget day. However, as far as I am aware, there are no measures included in the Bill that will result in additional revenue for the Exchequer in 2020 that were not announced on Budget day.