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Written Answers — Department of Finance: Approved Housing Bodies (22 Mar 2018)

Paschal Donohoe: On 29 November 2017 I met with representatives of Cairn Homes to discuss the Irish housing market and to get their perspective on issues affecting the market as residential builders of significant scale. Officials from my Department prepared briefing material in advance of that meeting. The purpose of the briefing was to provide meeting attendees - including myself - with an update on the...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (22 Mar 2018)

Paschal Donohoe: I refer the Deputy to my answer to PQ Ref: 11836/18 on 20 March 2018.

Written Answers — Department of Public Expenditure and Reform: National Development Plan Data (22 Mar 2018)

Paschal Donohoe: Macro-economic projections adopted in the Plan for the period 2018-2021 are detailed in Annex 3 of the Economic and Fiscal Outlook for Budget 2018. As set out in the NDP, a potential growth rate of 2% in volume terms is assumed over the period 2022 to 2027. This potential growth rate aligns with the most recent long-term growth projection from the European Commission for Ireland for the...

Written Answers — Department of Public Expenditure and Reform: Public Private Partnerships (22 Mar 2018)

Paschal Donohoe: The Public Private Partnership (PPP) model is an internationally recognised model to design, build, finance, operate and maintain public infrastructure. In accordance with international best practice, PPP contracts typically include detailed provisions that apply in the event of the liquidation of a consortium member of the PPP company, or an entity under the contract, to ensure that the...

Written Answers — Department of Public Expenditure and Reform: Community Employment Schemes Supervisors (22 Mar 2018)

Paschal Donohoe: I refer the Deputy to my reply to Parliamentary Question no. 54985/17 answered on 16 January 2018.

Questions on Promised Legislation (21 Mar 2018)

Paschal Donohoe: I thank Deputy Moynihan for raising this matter. I will be meeting the Revenue Commissioners soon. I have regular engagements with the chairman of the Revenue Commissioners on many matters. I will follow up directly on this issue and revert to the Deputy with a response.

Questions on Promised Legislation (21 Mar 2018)

Paschal Donohoe: I am not aware of the scale of the issue to which he has referred.

Written Answers — Department of Finance: Financial Services Ombudsman Data (21 Mar 2018)

Paschal Donohoe: The Office of the Financial Services and Pensions Ombudsman only came into existence on 1 January 2018. Prior to this, staffing in the Financial Services Ombudsman Bureau did not require the consent of the Minister for Finance so there were no such requests in 2016 or 2017. Section 15 (4) of the Financial Services and Pensions Ombudsman Act 2017 provides “The Ombudsman, with the...

Written Answers — Department of Finance: VAT Rate Reductions (21 Mar 2018)

Paschal Donohoe: VAT is governed by the EU VAT Directive with which Irish VAT law must comply. In Ireland businesses are not obliged to register for VAT, and can consequently remain exempt from VAT, where their turnover in a 12 month period is less than €75,000 (in the case of businesses supplying goods) and €37,500 (in the case of businesses supplying services). Ireland's VAT...

Written Answers — Department of Finance: Banking Operations (21 Mar 2018)

Paschal Donohoe: Having regard to the particular risks associated with foreign currency loans, the Mortgage Credit Directive, which is transposed into Irish law by the European Union (Consumer Mortgage Credit Agreements) Regulations 2016, provides for some particular consumer protection measures in respect of such lending.  (For the purpose of the Directive and transposing Regulations a...

Written Answers — Department of Finance: Help-To-Buy Scheme Assessment (21 Mar 2018)

Paschal Donohoe: S.477C of the Taxes Consolidation Act sets out the requirements of the Help to Buy incentive. It provides that a qualifying first time buyer must take out a loan in an amount equal to at least 70% of either the purchase price of the property in the case of a purchased house or the value of the property in the case of a self-build house. The valuation of a self-build is as approved by the...

Written Answers — Department of Finance: Ministerial Staff Data (21 Mar 2018)

Paschal Donohoe: I wish to inform the Deputy that the details of each non-civil service appointment I have made to a role in the Department of Finance; the persons appointed; the role and salary of each are shown below.  None of these appointments are involved in party political fundraising. Name Role Salary Ms Deborah Sweeney Special Adviser 4th point Principal Officer (Standard) PPC scale Mr...

Written Answers — Department of Finance: Betting Legislation (21 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 183 to 186, inclusive, together. I have been advised that the regulation of gambling is provided for under the Betting Act, 1931 and the Gaming and Lotteries Acts 1956, and is the responsibility of the Minister for Justice and Equality. Where there is legislative provision for the licensing of operators, the Revenue Commissioners issue licences in...

Written Answers — Department of Public Expenditure and Reform: Central Bank of Ireland (21 Mar 2018)

Paschal Donohoe: I wish to advise the Deputy that the Department of Public Expenditure and Reform has no responsibility for the Central Bank of Ireland in relation to requests for additional funding, staff resources or expertise.  Funding, staff resources and expertise are a matter for the Central Bank Commission and the Commission is not required to seek the permission of...

Written Answers — Department of Public Expenditure and Reform: State Bodies Data (21 Mar 2018)

Paschal Donohoe: I propose to take Questions Nos. 189 to 191, inclusive, together. As the allocation for the vote of the Office of the Ombudsman includes the Ombudsman, the Standards in Public Office Commission and the Commission for Public Service Appointments, one cannot look at each in isolation and I will therefore respond to Questions Nos. 189, 190 and 191 collectively. The Ombudsman, the...

Written Answers — Department of Public Expenditure and Reform: Ministerial Staff Data (21 Mar 2018)

Paschal Donohoe: I wish to inform the Deputy that there are currently two Special Advisers employed in the Department of Public Expenditure and Reform. Ms Deborah Sweeney was appointed as Special Adviser to the Minister for Public Expenditure and Reform with effect from 6 May 2016. Ms Sweeney was re-appointed as Special Adviser to the Minister for Finance and Public Expenditure and Reform with...

Strategic Communications Unit: Motion [Private Members] (20 Mar 2018)

Paschal Donohoe: -----creating the concept and idea that no services are made available that offer support for people and help families and citizens in their journeys in a changing world. I refer to where Governments of all persuasions try to invest taxpayers' money to put in place good or improving services. Sinn Féin is taking this approach to the strategic communications unit because it is a part...

Strategic Communications Unit: Motion [Private Members] (20 Mar 2018)

Paschal Donohoe: -----or any report is offered on behalf of Government. The Taoiseach made it clear that, in setting up the strategic communications unit and in looking at work that happened, there are a number of things now that we, as a Government, accept should have been done differently. That is why there is a review in place and it will be presented to Cabinet. We will look at the work of the...

Strategic Communications Unit: Motion [Private Members] (20 Mar 2018)

Paschal Donohoe: I support the work of the strategic communications unit because each year this Government spends, on behalf of the taxpayer, €60.9 billion. It is the equivalent of over €12,000 for every citizen in our State. Citizens have a right to know how money is being spent on services that can make a difference to their lives and plans that might make a difference to their future. They...

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

Paschal Donohoe: With regard to insurers, as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, however I cannot interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. This position is...

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