Results 20,821-20,840 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Redeployment (30 Jan 2018)

Paschal Donohoe: As the Deputy will be aware, transfers for Clerical Officers, who have applied prior to the formal launch of the new Civil Service Mobility scheme, are arranged in accordance with formal procedures which were agreed in 1978 with the Staff Side at General Council under the Conciliation and Arbitration Scheme for the Civil Service. There was no centralised system for handling these requests...

Written Answers — Department of Public Expenditure and Reform: Public Private Partnerships Data (30 Jan 2018)

Paschal Donohoe: As the Deputy will be aware, my Department's role in relation to Public Private Partnerships (PPPs) is to maintain and develop the general policy framework (including, where necessary, the legal framework) within which PPPs operate. My Department also provides central guidance to Departments and other State Authorities in that context. My Department has no direct...

Written Answers — Department of Finance: Vehicle Registration (25 Jan 2018)

Paschal Donohoe: A response to this correspondence issued from my office on 12/12/2017. Motor homes are classed as Category B vehicles and therefore are subject to a rate of VRT of 13.3% of their Open Market Selling Price (OMSP). This compares to Category A (passenger) vehicles which are charged at rates between 14% and 36% of their OMSP depending on the level of CO2 they emit. Motor homes also...

Written Answers — Department of Finance: Motor Insurance Costs (25 Jan 2018)

Paschal Donohoe: In response to the Deputy’s first point, I can inform him that my attention has been drawn to complaints in relation to the provision and pricing of motor insurance for older vehicles. My officials have received representations on this topic, while there have also been a number of Parliamentary Questions tabled on the matter. As Minister for Finance, I am responsible for the...

Written Answers — Department of Finance: VAT Registration (25 Jan 2018)

Paschal Donohoe: I am advised by Revenue that in accordance with the EU VAT Directive farmers may register for VAT or be treated as flat-rate farmers for VAT purposes. The flat rate scheme is designed to compensate non-VAT registered farmers for the VAT incurred by them on the purchases of goods and services relating to their activities. The scheme sets out a percentage amount (currently...

Written Answers — Department of Finance: Motor Insurance (25 Jan 2018)

Paschal Donohoe: Setanta Insurance 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: Departmental Meetings (25 Jan 2018)

Paschal Donohoe: The information requested is being compiled and will be forwarded to the Deputy in line with Standing Orders. 

Written Answers — Department of Finance: Credit Unions (25 Jan 2018)

Paschal Donohoe: I can advise the Deputy that there are no specific legislative or regulatory requirements relating to penny bank saving clubs (also commonly referred to as savings clubs.) Any such group savings scheme with a credit union would be required to comply with the same regulatory requirements that apply to an individual member’s savings account with a credit union. Section 27 of the Credit...

Written Answers — Department of Finance: European Central Bank (25 Jan 2018)

Paschal Donohoe: By way background, I can confirm for the Deputy that the Department was actively involved in the Subgroup on Non-Performing Loans (NPLs) of the European Council’s Financial Services Committee (FSC). Arising from the work of this sub-group, an Action Plan was agreed to help reduce the stock of NPLs in European banks and their future emergence. The representation of the...

Written Answers — Department of Finance: Primary Medical Certificates Applications (25 Jan 2018)

Paschal Donohoe: I am advised by Revenue that the person concerned, who was a first time applicant, was deemed by them not to have qualified for the Disabled Drivers and Disabled Passengers Scheme and as such was not eligible to access the benefits of the scheme. I am further advised that Revenue informed the family member of the person who submitted the application of this fact.

Written Answers — Department of Finance: Property Tax Exemptions (24 Jan 2018)

Paschal Donohoe: The Finance (Local Property Tax) Act 2012 (as amended) provides that any building or structure which is used as, or is suitable for use as a dwelling is liable to LPT. For LPT purposes, the state of dereliction of a property is not relevant where it (the property) is actually occupied as a dwelling house. However, a property that is uninhabitable to such an extent that it is not suitable for...

Written Answers — Department of Finance: Ministerial Meetings (24 Jan 2018)

Paschal Donohoe: I met formally with the CEOs of Bank of Ireland and PTSB on the 23rd of October 2017 and with the CEO of AIB on the 24th October 2017. It is my intention to meet with all three CEOs again in the near future and my office is currently working to schedule these meetings.

Written Answers — Department of Finance: Departmental Banking (24 Jan 2018)

Paschal Donohoe: My Department operates 4 accounts with Danske Bank for the purposes of the Vote for the Office of the Minister for Finance.  The Department also provides accounting services to 6 other Votes on a shared services basis and, in that respect, it operates on 10 accounts with Danske Bank.  In regard to accounts at the Central Bank, the Department...

Written Answers — Department of Finance: Financial Services Sector (24 Jan 2018)

Paschal Donohoe: Section 110 of the Taxes Consolidation Act 1997 sets out a regime for the taxation of special purpose companies set up to securitise assets. The tax provisions are intended to create a tax neutral regime for securitisation and structured finance purposes. I am advised by Revenue that qualifying companies (within the meaning of section 110 of the Taxes Consolidation Act (TCA) 1997) may...

Written Answers — Department of Finance: Motor Insurance (24 Jan 2018)

Paschal Donohoe: Setanta Insurance 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. As you are aware, the Supreme Court delivered its judgment on 25 May 2017 and overturned the previous decisions of the High Court and the Court of Appeal that the Motor Insurers’...

Written Answers — Department of Finance: VAT Rate Application (24 Jan 2018)

Paschal Donohoe: I am advised by Revenue that the VAT rating of goods and services is subject to the requirements of the EU VAT Directive with which Irish VAT law must comply.  In accordance with the Value-Added Consolidation Act, 2010 the supply of the service of the installation of a fixture is liable to tax at the reduced rate of 13.5%. The installation of a floor or other fixture qualifies for the...

Written Answers — Department of Finance: Tástáil Náisiúnta Carranna (23 Jan 2018)

Paschal Donohoe: Tá sé curtha in iúl ag na Coimisinéirí Ioncaim dom go bhforáiltear le halt 141(2)(e) agus (f) den Acht Airgeadais, 1992 do na Coimisinéirí Ioncaim rialachán a dhéanamh maidir le comhdhéanamh plátaí cláraithe ar fheithiclí.  Tá rialachán déanta ag na Coimisinéirí Ioncaim ina leith in...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (23 Jan 2018)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers Scheme provides relief from VAT and Vehicle Registration Tax, an exemption from motor tax and a grant in respect of fuel expenditure, on the purchase of an adapted car for transport of a permanently and severely disabled person within the terms of the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994. The...

Written Answers — Department of Finance: Property Tax Administration (23 Jan 2018)

Paschal Donohoe: In regard to the first part of the Deputy’s question, Revenue administers Local Property Tax (LPT) in accordance with the provisions of the Finance (Local Property Tax) Act 2012 (as amended). The Act specifies that LPT is a charge based on the market value of residential properties. The property valuation must be determined on a specific ‘valuation date’ and...

Written Answers — Department of Finance: Property Tax (23 Jan 2018)

Paschal Donohoe: As I announced on the 16th of January, the review of the Local Property Tax (LPT) will look in particular at the impact on LPT liabilities of property price developments. It will include an examination of the outstanding recommendations of the 2015 Thornhill review of the Local Property Tax. It is expected that the review will be completed at the end of August and that the group...