Results 21,701-21,720 of 34,135 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (22 Feb 2018)

Paschal Donohoe: As you may be aware, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a fuel grant, and an exemption from Motor Tax. The tax reliefs under the scheme are very significant, with a maximum tax relief in respect of...

Written Answers — Department of Finance: Tax Reliefs Eligibility (22 Feb 2018)

Paschal Donohoe: The review of the appropriate treatment for tax purposes of trade union subscriptions and professional body fees carried out by my Department in 2016 was included in the 2016 report on tax expenditures published on budget day 2016 . The review concluded that “analysis of the scheme using the principles laid down by the Department’s Tax Expenditure Guidelines shows that it fails...

Written Answers — Department of Finance: Mortgage Repayments (22 Feb 2018)

Paschal Donohoe: 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 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...

Written Answers — Department of Finance: Bond Markets (22 Feb 2018)

Paschal Donohoe: The NTMA have informed me that Schuldschein were issued by Ireland in March 2009, as well as in June and September 2010 with original maturities ranging from fifteen to twenty years. They were issued as a means of diversifying the Exchequer’s sources of funding. They were issued at fixed interest rates, similar to standard fixed-rate Irish government bonds. The weighted average...

Written Answers — Department of Finance: Bond Markets (22 Feb 2018)

Paschal Donohoe: I have been informed by AIB and PTSB that neither bank have outstanding borrowings in Schuldschein bonds.

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

Paschal Donohoe: The ten-year National Development Plan (NDP) has been put in place to underpin the implementation of the National Planning Framework (NPF) to support the development of all counties and regions, both urban and rural areas. The NDP sets out an investment programme of €116 billion, aligned to the ten National Strategic Outcomes (NSOs) detailed in the NPF which are critical to...

Written Answers — Department of Public Expenditure and Reform: Economic Growth (22 Feb 2018)

Paschal Donohoe: The Exchequer funding envelope of €91 billion detailed in the National Development Plan (NDP) 2018-2027 is underpinned by a prudent and moderate scenario relating to the economy’s potential growth over the period of the Plan. This ensures that the projected level of public capital investment over the ten years of the Plan is sustainable and affordable in the context of the...

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

Paschal Donohoe: I propose to take Questions Nos. 74, 79 and 80 together. The Irish Fiscal Advisory Council (IFAC) is an independent statutory body whose purpose is to provide an independent assessment of official budgetary forecasts and proposed fiscal policy objectives. While my Department did not consult with the IFAC in relation to the National Development Plan, IFAC's broad support for the Government's...

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

Paschal Donohoe: I propose to take Questions Nos. 76 and 77 together. My Department is collating the information requested in the Deputy's question from the file record which requires a review to be carried out on archived files and will respond to the Deputy directly in relation to this matter as soon as possible.

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (22 Feb 2018)

Paschal Donohoe: Annex 1 of the National Development Plan sets out capital ceilings for each Ministerial Vote Group for the five year period 2018 - 2022. As stated in section 3.6 of the Plan, these five-year ceilings will be maintained on a rolling basis for the period of the Plan, updated annually in the annual Estimates process to include a new fifth year. Capital ceilings by Ministerial Vote Group for...

Written Answers — Department of Public Expenditure and Reform: Capital Expenditure Programme (22 Feb 2018)

Paschal Donohoe: Annex 1 of the National Development Plan sets out capital ceilings for each Ministerial Vote Group for the five year period 2018 - 2022.  As stated in section 3.6 of the Plan, these five-year ceilings will be maintained on a rolling basis for the period of the Plan, updated annually in the annual Estimates process to include a new fifth...

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...