Results 20,701-20,720 of 32,924 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (6 Feb 2018)

Paschal Donohoe: I am informed by Revenue that, in accordance with section 114 Taxes Consolidation Act 1997, where an employee: - is necessarily obliged to incur expenses of travelling (and subsistence relating to that travel) in the performance of the duties of his or her employment; and - is reimbursed by his or her employer in respect of such travel and subsistence on the basis of vouched receipts, such...

Written Answers — Department of Finance: VAT Rebates (6 Feb 2018)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. The supply of oxygen is liable to VAT at the standard rate, currently 23%, and as such I am constrained by the requirements of EU law from applying any rate of VAT lower than the standard rate to the sale of this product. However, the EU VAT Directive provides for particular categories of...

Written Answers — Department of Finance: Banking Sector Data (6 Feb 2018)

Paschal Donohoe: The Central Bank of Ireland utilises a three-stage banking authorisation assessment process, the first two stages being part of a pre-application assessment, followed by submission of a formal application. It should be noted that it is the European Central Bank which determines whether a banking authorisation should be granted under section 9 of the Central Bank Act, 1971 (general banking...

Written Answers — Department of Public Expenditure and Reform: National Lottery Funding Data (6 Feb 2018)

Paschal Donohoe: The National Lottery was established under the National Lottery Act 1986 and continues in accordance with the National Lottery Act 2013. A competition for the award of the twenty year licence to operate the National Lottery took place between May and October 2013. On 27 February 2014 the Minister for Public Expenditure and Reform granted the new licence to Premier Lotteries Ireland (PLI)...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (6 Feb 2018)

Paschal Donohoe: An issue which has been under discussion by the Community Sector High Level Forum relates to community employment supervisors and assistant supervisors who have been seeking, through their union representatives, the allocation of Exchequer funding to implement a Labour Court recommendation relating to the provision of a pension scheme. At the April meeting of the Forum, my Department...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (6 Feb 2018)

Paschal Donohoe: Managing the delivery of public services within budgetary allocations is a key responsibility of each Minister and their Departments, and there are important measures in place to ensure that budgetary targets are met. However, given the scale of gross voted Government expenditure c. €58.5 billion in aggregate in 2017 - and the cash basis of Government accounting, some variance from...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (6 Feb 2018)

Paschal Donohoe: I have been informed by the National Shared Services Office, the Office responsible for PeoplePoint, that records confirm the request for the contribution record of the person in question was received on 23 January 2018 from the Social Welfare Services Office. This request was for a confirmation of the contribution history of the named person for the time this person was employed in the...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (6 Feb 2018)

Paschal Donohoe: The Office of Government Procurement (OGP) has established six framework agreements that include the company named by the Deputy as a member. To date, seven contracts have been awarded to this named company following direct invitation to tender to the members of these frameworks. An analysis of contract award notices, both at national and European level, published on the Office of...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (6 Feb 2018)

Paschal Donohoe: I wish to confirm to the Deputy that that there are no employees from the companies referred to, on secondment in my Department.

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (6 Feb 2018)

Paschal Donohoe: There are nine former coastguard cottages in Crosshaven, Co. Cork in State ownership, seven of which have been identified as surplus to requirement and suitable for disposal. The Office of Public Works is currently exploring alternative State use for the seven vacant properties.

Written Answers — Department of Finance: Stock Markets Regulation (1 Feb 2018)

Paschal Donohoe: I can confirm for the Deputy that my attention has not been drawn to any such scenario as described in this question. In relation to the Deputy's assertion that it was the bank's policy not to reveal all losses to shareholders, I would highlight that the rules relating to the correct level of provisioning, and consequent losses, are determined by the relevant accounting...

Written Answers — Department of Finance: Tracker Mortgage Examination (1 Feb 2018)

Paschal Donohoe: The Central Bank has advised that the Tracker Mortgage Examination is on-going. However, it also advises that it is not in a position to comment on its supervisory engagements with individual lenders. Nevertheless, the Bank continues to engage with and challenge all lenders to ensure that they identify all tracker impacted customers in a timely manner and to...

Written Answers — Department of Finance: Repatriation of Money (1 Feb 2018)

Paschal Donohoe: I propose to take Questions Nos. 73 and 74 together. As the Deputy is aware, I am not at liberty, nor is it appropriate for me, to discuss the tax affairs of individual companies. The Government profoundly disagrees with the European Commission’s analysis in the Apple State Aid case. An appeal is therefore being brought before the European Courts. Such an appeal takes the form of an...

Written Answers — Department of Finance: Internal Audits (1 Feb 2018)

Paschal Donohoe: The Internal and EU Audit Unit of the Department of Public Expenditure and Reform (DPER) provides an internal audit service to my Department on a shared service basis.     As required by the Internal Audit Standards launched by the Department of Public Expenditure and Reform in 2012, the Internal Audit Unit function underwent an External Quality Assessment (EQA)...

Written Answers — Department of Finance: Tax Code (1 Feb 2018)

Paschal Donohoe: I am advised by Revenue that their records do not indicate if DIRT is being applied or charged by the relevant financial institution on the person concerned. The person concerned should contact the relevant financial institution to establish if DIRT has been applied or charged. If it has, the person concerned may be entitled to a refund of some or all of the DIRT applied or charged.

Written Answers — Department of Finance: Knowledge Development Box (1 Feb 2018)

Paschal Donohoe: The purpose of the Knowledge Development Box (KDB) is to encourage companies to develop intellectual property and thereby engage in substantive R&D operations that have a positive impact on the Irish economy. The KDB applies for accounting periods commencing on or after 1 January 2016. The claimant company has a period of up to 24 months to make a claim for KDB relief. I am...

Written Answers — Department of Finance: Tax Credits (1 Feb 2018)

Paschal Donohoe: I am advised by Revenue that there is a Research & Development (R&D) discussion group which reports to the Direct and Capital Taxes Sub-Committee of the Tax Administration Liaison Committee (TALC).  The main purpose of the discussion group is to provide a forum for Revenue and representative organisations to raise and address issues affecting the operation of the R&D tax...

Written Answers — Department of Finance: Apprenticeship Data (1 Feb 2018)

Paschal Donohoe: I wish to inform the Deputy that my Department does not operate an apprenticeship programme. None of the Agencies under the remit of my Department has any persons currently enrolled in apprenticeships.

Written Answers — Department of Finance: Tax Yield (1 Feb 2018)

Paschal Donohoe: I propose to take Questions Nos. 80 and 81 together. I am informed by Revenue that initial analysis of 2017 data indicate that the net Corporation Tax receipts from the aircraft leasing and finance industry were in the region of €40 million.  In relation to the number of aircraft leasing and finance companies, tax returns for 2015 (the latest full year available) indicate there...

Written Answers — Department of Finance: Banking Sector (1 Feb 2018)

Paschal Donohoe: In relation to the Payment Services Directive II (PSD2), I have received the following comments. AIB "AIB has implemented all aspects of PSD II which came into effect on 13 January 2018 and is on track to implement the remaining articles once the final Regulatory Technical Standards (RTS) has been published and its implementation date agreed." PTSB "Permanent TSB implemented PSD2 on the...