Results 20,441-20,460 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Office of Public Works (22 Feb 2018)

Paschal Donohoe: The Commissioners of Public Works have raised the issue of ivy overhanging the Phoenix Park boundary wall at numbers one and two St Joseph's Cottages, Blackhorse Avenue with the Phoenix Park Special School. I can confirm that these works are a matter for the Health Service Executive and they have been notified of the issue.

Written Answers — Department of Public Expenditure and Reform: Office of Government Procurement (22 Feb 2018)

Paschal Donohoe: I propose to take Questions Nos. 88 to 90, inclusive, together. Public procurement is the acquisition, whether under formal contract or not, of works, supplies and services by public bodies. National rules governing public procurement must comply with the relevant EU, WTO and national legal requirements and obligations. The aim of European and national rules is to promote an open,...

Written Answers — Department of Finance: Tax Code (21 Feb 2018)

Paschal Donohoe: I am advised by Revenue that currently, following the end of each year, an employer is statutorily obliged to issue to each employee who was employed by them on 31 December a P60 in respect of that year.  The P60 must be issued between 1 January and 15 February and contain details of total taxable pay and deductions made by the employer during the preceding year. I assume the Deputy...

Written Answers — Department of Finance: VAT Registration (21 Feb 2018)

Paschal Donohoe: I am advised by The Revenue Commissioners that an application to register for Employer PAYE, Corporation Tax and Value Added Tax (VAT) was received from the company in question on 4 January 2018. The confirmation of Employer PAYE and Corporation Tax registration was issued to the company on 7 January 2018. The application for VAT registration was selected for further checking...

Written Answers — Department of Finance: Tax Compliance (21 Feb 2018)

Paschal Donohoe: I am advised by Revenue that a HPL1 Form was received in respect of the individual concerned on 5 February 2018. The form was certified and returned to the person on 16 February 2018.

Written Answers — Department of Finance: VAT Rate Application (21 Feb 2018)

Paschal Donohoe: I am advised by The Revenue Commissioners that a change in VAT rates applying to a supply of goods or services must be in compliance with the EU VAT Directive (Council Directive 2006/112/EC). The Directive generally provides that supplies of goods and services, other than in limited circumstances, be chargeable to VAT at the standard rate. In this regard the Directive provides: - that a...

Written Answers — Department of Finance: Tax Credits (21 Feb 2018)

Paschal Donohoe: I propose to take Questions Nos. 82 and 84 together. I am advised by Revenue that statistics in respect of the Research and Development (R&D) tax credit are available at www.revenue.ie/en/corporate/documents/statistics/tax-expendi tures/costs-tax-expenditures.pdf up to 2015. Final information in respect of 2016 returns is not yet available. However, based on initial analysis of the...

Written Answers — Department of Finance: VAT Rebates (21 Feb 2018)

Paschal Donohoe: Irish VAT law does not provide for VAT input deductibility by VAT registered persons in respect of petrol. VAT registered persons that make supplies are entitled to claim the cost of VAT on the purchase of diesel used in the course of their business, as is the case with most business costs. However, section 60 of the VAT Consolidation Act 2010 prohibits VAT deductibility by...

Written Answers — Department of Finance: Financial Services Regulation (21 Feb 2018)

Paschal Donohoe: Following the enactment of the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015, the Central Bank developed detailed Authorisation Requirements and Standards for credit servicing firms which set appropriately high requirements on applicant firms underpinned with a rigorous application process. These include requirements on how these firms...

Written Answers — Department of Finance: Fitness and Probity Regime (21 Feb 2018)

Paschal Donohoe: I am informed by the Central Bank that under its Administrative Sanctions Procedure, in place since 2006, 12 individuals have been disqualified from performing senior management roles in regulated firms.  Under the Fitness & Probity regime, in place since 2011, 4 individuals have been prohibited from working in regulated firms. Two of these were employed by credit...

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: The information which the Deputy is requesting is not held in my Department.  The Central Bank have informed me that under the Section 33AK of the Central Bank Act 1942, the Central Bank is not in a position to provide any specific information in this regard. However, some of the information sought is publically available from other sources. For example, Deloitte’s fifth edition...

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 (“the 2015 Act”) was introduced in July 2015 to fill the consumer protection gap where loans are sold by the original lender to an unregulated firm. The 2015 Act introduced a new regulatory regime in respect of Credit Servicing Firms, bringing such firms within the Central Bank’s regulatory remit....

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: The Government introduced the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 to regulate Credit Servicing Firms.  The Central Bank regulates credit servicing firms who act as agents for the loan owners because it is the credit servicing firms that interact with the customers. The Department's early position was that loan owners should be regulated but the...

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 (“the 2015 Act”) was introduced to fill the consumer protection gap where loans are sold by the original lender to an unregulated firm.  Under the 2015 Act, if the firm who bought loans from the original lender is an unregulated firm, then the loans must be serviced by a ‘credit servicing...

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: Most loan agreements include a clause that allows the original lender to sell the loan on to another firm.The Central Bank has no jurisdiction over unregulated third parties and therefore has no power to investigate the activities of such entities. However, under the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 (“the 2015 Act”), if a firm who bought loans...

Written Answers — Department of Finance: Loan Books Purchasers (21 Feb 2018)

Paschal Donohoe: As the Deputy will be aware, most loan agreements include a clause that allows the original lender to sell the loan on to another firm.Under the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 (“the 2015 Act”), if a firm who bought loans from an original lender is unregulated, then the loans must be serviced by a Credit Servicing Firm who is authorised and...

Written Answers — Department of Public Expenditure and Reform: Civil Service Renewal Plan (21 Feb 2018)

Paschal Donohoe: The Deputy will be aware that the Civil Service Mobility scheme is one of a number of arrangements to be put in place to fulfil the requirements of Action 15 of the Civil Service Renewal Plan which calls to ‘Expand career and mobility opportunities for staff across geographic, organisational and sectorial boundaries’.  The scheme is being phased in with Phase 1A for the...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (21 Feb 2018)

Paschal Donohoe: I refer the Deputy to my reply to Parliamentary Question No. 53517/2017 on 14 December 2017. The legislation is on the list of priority legislation for publication in the Spring/Summer Session 2018. 

Project Ireland 2040: Statements (20 Feb 2018)

Paschal Donohoe: Last Friday, the Government launched Project Ireland 2040 in Sligo. This includes two core elements: a national planning framework, led by the Minister for Housing, Planning and Local Government, Deputy Eoghan Murphy; and a €116 billion national development plan which sets out an ambitious and strategic vision for Ireland’s investment in public infrastructure over the next...

Written Answers — Department of Finance: Loan Books Purchasers (20 Feb 2018)

Paschal Donohoe: As the Deputy will be aware, most loan agreements include a clause that allows the original lender to sell the loan on to another firm. The Consumer Protection (Regulation of Credit Servicing) Act 2015 (“the 2015 Act”) was introduced to fill the consumer protection gap where loans are sold by the original lender to an unregulated firm. Credit Servicing Firms are typically firms...