Results 19,981-20,000 of 32,726 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Advertising Expenditure (20 Mar 2018)

Paschal Donohoe: In relation to my Department the following expenditure has been made on the headings identified by the Deputy from 1 January 2017 to date: Year Month Company Detail Amount 2017 January Languages Communication Ltd. Switch Your Bank campaign €54,202.41 2017 February Languages Communication Ltd. Switch Your Bank campaign €112,569.49 2017 February Independent ...

Written Answers — Department of Finance: Property Tax Administration (20 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 64 and 91 together. I recently announced a review of the Local Property Tax (LPT) which is looking in particular at the impact on LPT liabilities of property price developments. In that regard the review underway will be informed by the desirability of achieving relative stability, both over the short and longer terms, in LPT payments of those liable for...

Written Answers — Department of Finance: Tax Reliefs Abolition (20 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 65 and 80 together. A review of the appropriate treatment for tax purposes of trade union subscriptions and professional body fees was carried out by my Department in 2016 and included in the 2016 report on tax expenditures published on budget day 2016. The review may be found at the following link: () The review concluded that: "...analysis of the scheme...

Written Answers — Department of Finance: Departmental Staff Data (20 Mar 2018)

Paschal Donohoe: I wish to inform the Deputy that the persons holding civil service positions above clerical officer grade in the Department of Finance that entered the civil service via a route other than through an open competition run by the Public Appointments Service or its predecessors, by grade, are detailed as follows. Number Grade Recruitment 1 Special Adviser Ministerial Appointment 10...

Written Answers — Department of Finance: Public Sector Staff Remuneration (20 Mar 2018)

Paschal Donohoe: I wish to inform the Deputy that there was no central direction provided about payment of staff for the days that offices were closed due to Storm Emma. Each Civil and Public Service organization, as the relevant employer, is responsible for determining how to manage the treatment of those days. Where facilities were available many civil servants worked from home on the days the offices...

Written Answers — Department of Finance: Ministerial Meetings (20 Mar 2018)

Paschal Donohoe: My meeting with Shadow Chancellor McDonnell on 5 March provided an opportunity to engage constructively on the strong relationship between our countries, the importance of trade between the two economies, and on the many areas of common interest shared by Ireland and the UK. In our discussion I explained to the Shadow Chancellor that the Irish Government fully respects the unity of the...

Written Answers — Department of Finance: Ministerial Meetings (20 Mar 2018)

Paschal Donohoe: My meeting with Chancellor Hammond on 5 March provided an opportunity to engage constructively on the strong relationship between our countries, the importance of trade between the two economies, and on the many areas of common interest shared by Ireland and the UK. In our discussion I reiterated to the Chancellor that the Irish Government fully respects the unity of the EU27 during...

Written Answers — Department of Finance: Central Bank of Ireland Supervision (20 Mar 2018)

Paschal Donohoe: The Central Bank has advised the Minister that the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 (the Regulations), which came into force on 21 March 2016, transposed the Mortgage Credit Directive into Irish law. Part 9 of the Regulations relates to foreign currency loans and provides for certain measures in relation to foreign currency loans. A foreign currency...

Written Answers — Department of Finance: Financial Services Regulation (20 Mar 2018)

Paschal Donohoe: The Central Bank have provided the table below outlining the costs of regulating the financial sector in 2016, and the budgeted cost of regulating the financial sector in 2017 (budgeted costs are being used as the Central Bank's financial statement for 2017 have not yet been finalised and published). It should be noted that amounts levied do not equal the cost of financial regulation...

Written Answers — Department of Finance: Mortgage Data (20 Mar 2018)

Paschal Donohoe: As Minister, I cannot comment on agreements made between a bank and a borrower.  However, the Central Bank has provided the following information in relation to the classification of a non-performing loan:   As per the EBA Implementing Technical Standards on supervisory reporting and the ECB Guidance on non-performing loans, non-performing exposures are those that...

Written Answers — Department of Finance: Central Bank of Ireland (20 Mar 2018)

Paschal Donohoe: As communicated in the Central Bank’s Strategic Plan (2016 – 2018), the Central Bank announced that it intended to review its strategy for banknote production. The purpose of this review was to determine how the Central Bank meets its Eurosystem obligations for its allocation of annual Euro banknote production. The review is completed but a decision has not yet been taken...

Written Answers — Department of Finance: Tax Collection (20 Mar 2018)

Paschal Donohoe: I am advised by Revenue that the date on which inheritance tax (Capital Acquisitions Tax) falls due is determined by the ‘valuation date’ on which the market value of the assets and property included in an inheritance must be established. Where this date is between 1 January and 31 August, inheritance tax must be paid by 31 October in the same year. Where this date is between...

Written Answers — Department of Finance: Financial Services Ombudsman Data (20 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 75 and 76 together. Firstly, I must point out that the Financial Services and Pensions Ombudsman is independent in the performance of his statutory functions.  I have no role in the day to day workings of his office. The Financial Services and Pensions Ombudsman (FSPO) was established on 01 January 2018 under the Financial Services and Pensions Ombudsman...

Written Answers — Department of Finance: Personal Contract Plans (20 Mar 2018)

Paschal Donohoe: As the Deputy will be aware in 2017 the Competition and Consumer Protection Commission (CCPC) undertook the first comprehensive study of the Personal Contract Plans (PCP) market in the State. As part of its study the CCPC issued detailed questionnaires to all the financial institutions that underwrite PCP finance in the State. This allowed the CCPC to compile, for the first time,...

Written Answers — Department of Finance: Stamp Duty (20 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 78 and 93 together. The measure to allow a farmer to claim relief from stamp duty where he or she sells and purchases land for the purposes of consolidating an existing farm holding has been introduced, subject to a commencement order after a full consideration of any administrative or EU state-aid requirements. For the relief to operate, there...

Written Answers — Department of Finance: Vehicle Registration (20 Mar 2018)

Paschal Donohoe: Revenue has advised me that the position in regard to the classification of the vehicle in question remains as stated in my reply to Parliamentary Question No. 186 of 27 February 2018.  Revenue has also confirmed that the review referred to by the Deputy was completed by the mentioned official prior to the Parliamentary Question and was reflected in the reply. I am further advised that...

Written Answers — Department of Finance: Help-To-Buy Scheme Eligibility (20 Mar 2018)

Paschal Donohoe: Section 477C(1) of the Taxes Consolidation Act 1997 sets out the definition of a ‘qualifying residence’ for the purpose of the Help to Buy (HTB) scheme. Specifically a qualifying property must be either: a new building which, was not at any time used, or suitable, for use as a dwelling or, a building which, was not at any time used, or suitable, for use as a dwelling (in whole...

Written Answers — Department of Finance: Wards of Court (20 Mar 2018)

Paschal Donohoe: I understand that this matter is currently being considered by officials in my Department. I would say that decisions concerning any changes to tax legislation, generally, are taken in the course of the annual Budgetary and Finance Bill process.

Written Answers — Department of Finance: Insurance Industry Regulation (20 Mar 2018)

Paschal Donohoe: Setanta was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in relation...

Written Answers — Department of Finance: Tax Collection (20 Mar 2018)

Paschal Donohoe: I am advised by Revenue that an official has already made contact with the person’s tax agent in regard to the issue in question. The tax agent informed Revenue that the person was out of the country but has committed to deal with the issue immediately on his return. Revenue has assured me that it will engage with the person as soon as he is available to...