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Written Answers — Department of Finance: Departmental Meetings (2 Apr 2025)

Paschal Donohoe: There has not yet been an opportunity to hold a MinMAC meeting since I took office at the end of January, however I will hold such a meeting during the next quarter.

Written Answers — Department of Finance: State Bodies (2 Apr 2025)

Paschal Donohoe: The UN maintains a database of business enterprises involved in certain specified activities relating to settlements in the Occupied Palestinian Territories (OPT). At the end of 2023, ISIF’s direct investments in companies on the UN database totalled approximately €4.2 million in 11 companies. ISIF’s indirect investments included 8 companies totalling approximately...

Written Answers — Department of Finance: Banking Sector (2 Apr 2025)

Paschal Donohoe: The Government is committed to supporting the delivery of new homes of all tenure types, aiming to deliver 303,000 homes from 2025-2030. This year, over €6 billion will be invested in housing, through the Exchequer, the Land Development Agency and via Housing Finance Agency lending. A report by the Department of Finance published in 2024 estimated that an average of €20...

Written Answers — Department of Finance: Tax Code (2 Apr 2025)

Paschal Donohoe: As the Deputy will be aware, wealth is already taxed in a number of ways in Ireland. These include Capital Gains Tax (CGT), and Capital Acquisitions Tax (CAT). Certain forms of Stamp Duty also act as taxes on wealth in a number of ways, including that charged on the acquisition of the shares, stocks and marketable securities of Irish registered companies, and on the acquisition of property...

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: You cannot on one hand stand up and make the case for the value of the rules of this House and at the same time attempt to shout them down.

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: You cannot do that. You cannot on one hand talk about the value of the procedures of this House but be involved in heckling those who seek to implement them. You cannot talk about respect for the office of the Ceann Comhairle but at the same time look to abuse her and the way she has performed her functions. Finally, you cannot make the case for the importance of the orderly functioning of...

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: You cannot ride both horses together.

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: I noted what Deputy McDonald said earlier on, and again this is the behaviour. The same people who are only too happy to heckle and disrupt this House are the same people who stand up and make charges against this Government. Earlier on, Deputy McDonald said the Government, or indeed the Ceann Comhairle, was involved in behaviour to tear democracy apart. Really?

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: When you see the behaviour taking place elsewhere in the world that has that affect-----

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: -----how can you talk about the behaviour in the House in a way that is consistent with that? Deputy McDonald alleged the Ceann Comhairle demolished the rules of this House. Really?

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: How can you substantiate that? Perhaps, most chillingly-----

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: -----Deputy McDonald went on to say that the Ceann Comhairle's position is untenable-----

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: -----and the outcome of the vote does not change that. I do not happen to agree with Deputy Murphy too often but in his brief appearance earlier he put the question that there is more to democracy than majority rule and he is, of course, correct. A vital element of all of that is respect for rules, adherence to rules and adherence to them even when you might not agree.

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: That is the bedrock upon which constitutional democracy in our State should function and while there are issues we will debate over time, to stand over here, to contest there is behaviour under way where the Ceann Comhairle has not been impartial-----

Confidence in the Ceann Comhairle: Motion (1 Apr 2025)

Paschal Donohoe: -----does a disservice to the traditions that have served this State well.

Written Answers — Department of Finance: Tax Rebates (1 Apr 2025)

Paschal Donohoe: The Diesel Rebate Scheme allows qualifying road haulage and passenger transport operators to claim a partial refund on excise duty paid for diesel used in qualifying vehicles. Qualifying businesses must submit rebate claims within 4 months of the end of each quarterly claim period. Once a claim is validated and approved for refund, monies are systematically offset against any customer tax...

Written Answers — Department of Finance: Tax Reliefs (1 Apr 2025)

Paschal Donohoe: Section 469 of the Taxes Consolidation Act (TCA) 1997 provides for tax relief where an individual proves that he or she has incurred costs in respect of qualifying health expenses. Only “health expenses” incurred in the provision of “health care”, which has been carried out or advised by (in certain circumstances) a “practitioner”, will qualify for...

Written Answers — Department of Finance: Tax Credits (1 Apr 2025)

Paschal Donohoe: Finance Act 2018 introduced a short-term, tapered regional uplift under the section 481 film tax credit for productions being made in areas designated under the State aid regional guidelines (among other criteria). The purpose of the regional uplift was to support the development of new, local pools of talent in areas outside the main production hubs, to support the geographic spread of the...

Written Answers — Department of Finance: Fiscal Data (1 Apr 2025)

Paschal Donohoe: The NTMA have informed me that at end-2024, Gross National Debt stood at €232.6bn. After deducting Exchequer cash and other financial assets of €39.6bn, Net National Debt was €193bn at end-2024. Exchequer debt service expenditure was €3.1bn in 2024 and, at the time of Budget 2025 in October 2024, was projected to be €3.2bn in 2025. As contain in the...

Written Answers — Department of Finance: Fiscal Data (1 Apr 2025)

Paschal Donohoe: The Exchequer currently has no bilateral loans from other States. As part of the Joint EU-IMF Programme of Financial Support which Ireland entered in late 2010, Ireland borrowed bilaterally from the UK, Sweden, and Denmark. However, each of those bilateral loans has been fully repaid, with those from Sweden and Denmark repaid in late 2017 and the loan from the UK repaid over the period...

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