Results 201-220 of 33,883 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Fiscal Policy (18 Sep 2025)

Paschal Donohoe: I propose to take Questions Nos. 205 and 209 together. As the Deputy will be aware, public expenditure is a matter for my colleague, the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation. In respect of corporation tax revenues, I have stated on many occasions that the growth we have seen in this revenue stream over the last number of years...

Written Answers — Department of Finance: Economic Policy (18 Sep 2025)

Paschal Donohoe: As you are aware, in October 2024, following approval by Government my predecessor published the ‘Funds Sector 2030: A Framework for Open, Resilient & Developing Markets’. This was an important and wide-ranging review of the funds and asset management sector in Ireland. The Report sets out recommendations across a wide range of areas to support growth in the funds and...

Written Answers — Department of Finance: Tax Code (18 Sep 2025)

Paschal Donohoe: In October 2024, my predecessor Minister Chambers published the ‘Funds Sector 2030: A Framework for Open, Resilient & Developing Markets’, a wide-ranging review of the funds and asset management sector. The Funds Review Report sets out a series of recommendations to ensure that, in pursuit of continued growth in the funds and asset management sector, Ireland’s...

Written Answers — Department of Finance: Economic Policy (18 Sep 2025)

Paschal Donohoe: As you are aware, in October 2024, my predecessor Minister Chambers published the ‘Funds Sector 2030: A Framework for Open, Resilient & Developing Markets’, a wide-ranging review of the funds and asset management sector. The Funds Review Report sets out a series of recommendations to ensure that, in pursuit of continued growth in the funds and asset management sector,...

Written Answers — Department of Finance: Primary Medical Certificates (17 Sep 2025)

Paschal Donohoe: The Deputy should note at the outset that it is a legislative requirement that the Disabled Drivers Medical Board of Appeal (DDMBA) is independent in the exercise of its functions and it is a matter for the Board to determine all aspects of the management and delivery of the appeals process. The Board review the decision of the HSE Principal Medical Officer (PMO) not to award a Primary...

Written Answers — Department of Finance: Insurance Industry (17 Sep 2025)

Paschal Donohoe: Insurance reform, including increasing the affordability and accessibility of insurance, remains a key priority for the Government. Action is being taken on a whole-of-Government basis and the Programme for Government sets out a range of actions for further insurance reform to enhance competitiveness, transparency, affordability and availability of insurance. Significant reforms have...

Written Answers — Department of Finance: State Bodies (17 Sep 2025)

Paschal Donohoe: The National Treasury Management Agency (NTMA) has informed me that the Irish Strategic Investment Fund (ISIF) no longer holds Israeli Sovereign debt. The following are the holdings in Israeli sovereign debt as at year end for 2021 to 2024 inclusive as per the relevant NTMA Annual Report. Year Value 2021 €0.00m 2022 ...

Written Answers — Department of Finance: Central Bank of Ireland (17 Sep 2025)

Paschal Donohoe: On the morning of 01 September 2025 I received a letter from the Governor of the Central Bank informing me that the Central Bank's approval of the 2024 Prospectus had expired. The letter further informed me that the competent authority of Luxembourg, the "CSSF", had approved a new prospectus for the State of Israel. As a result there are no current active bond prospectuses approved by the...

Written Answers — Department of Finance: Central Bank of Ireland (17 Sep 2025)

Paschal Donohoe: As the Deputy may or may not be aware, the EU Prospectus Regulation specifies that a prospectus must be drawn up, approved and published when securities are to be offered to the public or admitted to trading on a regulated market in the EU. The Central Bank is the national competent authority (NCA) for Ireland in this case and this question would be under their remit as the State's financial...

Written Answers — Department of Finance: Insurance Industry (17 Sep 2025)

Paschal Donohoe: The delivery of a fairer, more transparent, and affordable insurance sector through structural reform, as well as ensuring the long-term sustainability and viability of the Irish insurance market, are key priorities of the Government. The previous Action Plan for Insurance Reform, published in 2020, delivered significant achievements, most notably the rebalancing of the Duty of Care,...

Written Answers — Department of Finance: Tax Credits (17 Sep 2025)

Paschal Donohoe: I am advised by Revenue that the table below outlines the number of claims for the Rent Tax Credit by PAYE taxpayers by county for 2025 to-date, as of 8th September 2025. Most claims for credits by PAYE taxpayers take place after the year-end. The bulk of claims for 2025 will not be made until 2026. I am further advised by Revenue that the data on claims by self-assessed taxpayers is not...

Written Answers — Department of Finance: Tax Code (17 Sep 2025)

Paschal Donohoe: The tax treatment associated with cross-border working has been subject to ongoing discussions in recent years, particularly given the increase in remote working as a result of the Covid-19 pandemic. However, cross-border working gives rise to complex issues involving shared taxing rights between different jurisdictions. There are potential issues for employees, employers, and Exchequer...

Written Answers — Department of Finance: Credit Unions (17 Sep 2025)

Paschal Donohoe: The Central Bank of Ireland is mandated to set regulations for credit unions in a number of areas including lending limits. Regulations on lending limits are prescribed by the Central Bank of Ireland under the Credit Union Act 1997 (Regulatory Requirements) Regulations 2016. In December 2024, the Central Bank of Ireland published Consultation Paper 159 on Proposed Changes to the Credit...

Written Answers — Department of Finance: Departmental Policies (17 Sep 2025)

Paschal Donohoe: There is existing support within the tax system for people living with coeliac disease. Section 469 of the Taxes Consolidation Act ("TCA") 1997 provides for Income Tax relief where an individual proves that they have incurred costs in respect of qualifying health expenses. Only “health expenses” incurred in the provision of “health care”, which have been...

Written Answers — Department of Finance: Credit Unions (17 Sep 2025)

Paschal Donohoe: I agree with the commentary in the details supplied that "supporting education is a core value of credit unions, as demonstrated by the scholarships and favourable interest rates offered to members undertaking higher education programmes". Credit unions are starting to play a more significant role in the housing market, particularly through the provision of home loans and investments in the...

Written Answers — Department of Finance: Public Procurement Contracts (17 Sep 2025)

Paschal Donohoe: I can confirm to the Deputy that my Department has published both Q1 and Q2 2025 reports of purchase orders over €20,000 in line with the FOI model publication scheme requirements. The web links to both reports are: www.gov.ie/en/department-of-finance/publications/payments-to -suppliers-purchase-orders-over-20000-q1-2025/ ...

Written Answers — Department of Finance: Public Procurement Contracts (17 Sep 2025)

Paschal Donohoe: I would like to inform the Deputy that my Department has published the quarterly purchase orders reports for goods and services exceeding €20,000 in a CSV format in accordance with the requirements of S.I. 376/2021. The link to the published reports is included below. My Department is committed to openness and transparency in all aspects of our work, and continues to review its...

Written Answers — Department of Finance: Customs and Excise (17 Sep 2025)

Paschal Donohoe: I propose to take Questions Nos. 281, 282, 283, 284, 285, 286 and 287 together. I am advised that Revenue, through its Investigation, Prosecution and Frontier Management Division (IPFMD), is responsible for implementing customs controls on traffic entering the EU through Irish ports and airports. This includes customs clearance of goods, the collection of customs duty and associated VAT. It...

Written Answers — Department of Finance: Climate Change Policy (17 Sep 2025)

Paschal Donohoe: All liquid fuels, including biofuels such as hydrotreated/hydrogenated vegetable oil (HVO), are subject to Value-Added Tax (VAT), and to excise duty in the form of Mineral Oil Tax (MOT). The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law is obliged to comply. In general, the EU VAT Directive provides that all goods and services are liable to VAT at the...

Written Answers — Department of Finance: Tax Yield (17 Sep 2025)

Paschal Donohoe: I am advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide estimates of VAT receipts based on tax returns alone. However, based on the most recently available third-party data on personal consumption expenditure (PCE), the estimated VAT yield from...