Results 23,741-23,760 of 33,392 for speaker:Paschal Donohoe

Written Answers — Department of Finance: NAMA Expenditure (12 Jul 2017)

Paschal Donohoe: The information sought by the Deputy is provided by NAMA and is set out in the table for the period from 2011 to date. Note figures may not total due to rounding. IP Firm IP Fees 2011 IP Fees 2012 IP Fees 2013 IP Fees 2014 IP Fees 2015 IP Fees 2016 IP Fees 2017 Total IP Fees € € € € € € € 1 Alder King - - - - 8,502 - - 8,502...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (12 Jul 2017)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT, up to a certain limit, 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. To qualify for the Scheme an applicant must be in possession of a Primary Medical...

Written Answers — Department of Finance: Revenue Commissioners Data (12 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 131 and 132 together. I am informed by Revenue that it issued the following number of Economic Operator Registration and Identification (EORI) numbers: Year EORI numbers issued 2015 3252 2016 4952 2017 (YTD) 1303 An EORI (Economic Operators Registration and Identification system) number is a unique number that is valid throughout the EU and is used...

Written Answers — Department of Finance: Brexit Issues (12 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 133 to 136, inclusive, together. Like all Government agencies, Revenue is actively engaged in examining a range of scenarios in order to support Ireland's objective of maintaining the closest possible trading relationship between the UK and the EU/Ireland, post Brexit. The precise trading arrangements that will apply after Brexit will depend on the...

Written Answers — Department of Finance: Brexit Issues (12 Jul 2017)

Paschal Donohoe: The Department of Finance is working within the whole-of-Government framework for the preparation of sectoral Brexit response plans. This is to ensure that that Ireland will be in a position to counter negative economic impacts arising from Brexit, that Ireland's interests are protected in the negotiations at EU level and also that Ireland can seek to maximise opportunities arising,...

Written Answers — Department of Finance: Departmental Correspondence (12 Jul 2017)

Paschal Donohoe: A reply to the correspondence concerned was issued on 3rd July 2017.

Written Answers — Department of Finance: Banking Sector (12 Jul 2017)

Paschal Donohoe: The question appears to concern the possible security implications of information displayed on the merchant receipt following a contactless payment transaction. Contactless payments carried out using credit or debit cards use the same secure payment technology as payments made with cards that are not contactless enabled. It is normal for a merchant to receive the card...

Written Answers — Department of Finance: Film Industry Tax Reliefs (12 Jul 2017)

Paschal Donohoe: I am advised by Revenue that the tax relief claimed under section 481 for the tax year 2015 is €69.7 million. This information will shortly be published on Revenue’s webpage at . Information for earlier years is included therein. Information in respect of the tax relief claimed by companies for the tax years 2016 and 2017 will not be available until after the returns for these...

Written Answers — Department of Finance: National Economic Dialogue (12 Jul 2017)

Paschal Donohoe: The Department of Finance and Department of Public Expenditure and Reform hosted the National Economic Dialogue on the 28 and 29 June 2017 in Dublin Castle. The Dialogue was an opportunity to consider how to make best use of the available resources in the interests of all citizens. The aim was to foster discussion on how best to sustain and strengthen the recovery in the interests of all...

Written Answers — Department of Finance: VAT Rate Reductions (12 Jul 2017)

Paschal Donohoe: The OECD, in its hierarchy of taxes, state that taxes on property and consumption are less harmful to economic growth than personal and corporate taxes.  A reduction in the standard VAT rate from 23% to 20% would cost the Exchequer €1.23 billion in a full year. I would point out that, as of 1 January 2017, 23 of the 28 EU Member States have a standard VAT rate of 20% or...

Written Answers — Department of Finance: VAT Rate Application (12 Jul 2017)

Paschal Donohoe: As part of the Government's Job Initiative in 2011, a temporary second reduced VAT rate of 9% was introduced in respect of tourism related services, including hotel and holiday accommodation; restaurant services, various entertainment services; the use of sporting facilities; hairdressing services; and various printed matter. This measure was aimed at boosting tourism and the creation of...

Written Answers — Department of Finance: Excise Duties (12 Jul 2017)

Paschal Donohoe: As the Deputy will be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Carbon Tax Implementation (12 Jul 2017)

Paschal Donohoe: The carbon tax is designed to treat all carbon emissions the same in order to ensure that it is fair and its application is as broad as possible to make certain its efficacy.  The introduction of Carbon Tax was to send a price signal that there is a cost associated with the combustion of fossil fuels to the detriment of the environment. Ireland is legally...

Written Answers — Department of Finance: VAT Registration (12 Jul 2017)

Paschal Donohoe: VAT is governed by the EU VAT Directive (Council Directive 2006/112/EC), with which Irish VAT law must comply. The VAT Directive provides that VAT registration thresholds may only be raised by Member States to maintain their value in real terms, that is, they may only be increased in line with inflation. The VAT thresholds were increased to their current values, €37,500 for services...

Written Answers — Department of Finance: Universal Social Charge Exemptions (12 Jul 2017)

Paschal Donohoe: The 3% USC surcharge is payable on self-assessed income in excess of €100,000.  When the USC was introduced in 2011 it was accompanied by a series of other reform measures designed to simplify the tax system and widen the tax base in order to raise the revenues required at that time.   One of these measures was the removal of the €75,000 income ceiling for...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (12 Jul 2017)

Paschal Donohoe: On 2 May 2017, following the triggering of Article 50 and the adoption of the EU’s negotiating directives, the Government published a position paper on Brexit.  The paper reflects the stated Government priorities of minimising impact on trade and the economy; protecting the Northern Ireland Peace Process; maintaining the Common Travel Area; and influencing the future of the...

Written Answers — Department of Public Expenditure and Reform: Ministerial Meetings (12 Jul 2017)

Paschal Donohoe: The primary point of contact with representatives of trade unions and employer organisations is through the Labour Employer Economic Forum (LEEF). The LEEF meets  on a quarterly basis with Government represented by the then Minister for Finance, the Minister for Public Expenditure and Reform and the Minister for Jobs Enterprise and...

Written Answers — Department of Finance: Foreign Direct Investment (11 Jul 2017)

Paschal Donohoe: I understand that Parliamentary Question number 32 of 29 June 2017, answered by my colleague, the Minister for Jobs, Enterprise and Innovation, concerned the annual cost to the State of securing new jobs through foreign direct investment. Tax reliefs are generally available to all undertakings and not specifically targeted at FDI companies. Therefore it is not possible to separately identify...

Written Answers — Department of Finance: Tax Rebates (11 Jul 2017)

Paschal Donohoe: I am informed by Revenue that the cost of the Vehicle Registration Tax (VRT) rebate for electric, electric hybrid and plug in hybrid cars in 2017 is estimated at €15 million for the year. There is no basis available to Revenue on which to forecast possible future growth, so assuming that there would be no change in registration numbers in each of the years 2018 to 2022 the estimated...

Written Answers — Department of Finance: Living City Initiative (11 Jul 2017)

Paschal Donohoe: The Living City Initiative was enacted in the Finance Act 2013 and commenced on 5th May 2015. The Initiative was extended beyond the original planned pilot cities of Limerick and Waterford, to include the cities of Dublin, Cork, Galway and Kilkenny. In line with my Department's commitment to evidence based policy-making, the inclusion of these additional four cities followed the completion of...