Results 221-240 of 1,718 for long speaker:Paschal Donohoe

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: ...planning permission and more homes were completed over the past 12 months. These will provide a foundation, after the effects of a pandemic during which our construction sector was closed for so long, to make quicker and more effective progress on the housing needs the Deputy described. While I accept these are real, I would argue to the Deputy that the Government is also making progress...

Written Answers — Department of Finance: Tax Exemptions (14 Jun 2022)

Paschal Donohoe: ...recovery entitlement on their input costs. In accordance with the EU rules, Ireland may continue to apply this existing, historic VAT exemption on the supply of domestic passenger transport but, for as long as the exemption remains, the conditions under which the exemption was granted cannot be changed. In fact, the introduction of a new entitlement to VAT recovery for the passenger...

Written Answers — Department of Finance: Revenue Commissioners (14 Jun 2022)

Paschal Donohoe: ...of Social Protection (DSP) enjoy very close working relations and co-operate on a wide range of strategic and operational matters of mutual interest. These arrangements are overseen by a long-established, high-level group of senior officials from both organisations that meets on a quarterly basis. Section 851A of the Taxes Consolidation Act 1997 permits Revenue to disclose taxpayer...

Written Answers — Department of Finance: Tax Exemptions (14 Jun 2022)

Paschal Donohoe: ...office or employment of profit. Section 112 of the TCA 1997 brings into charge all salaries, fees, wages, perquisites or profits of any kind arising from an office or employment. Therefore, the long-standing position is that all tips, gratuities and service charges arising from an office or employment are chargeable to income tax under Schedule E in accordance with Section 112. ...

Written Answers — Department of Finance: Tax Code (14 Jun 2022)

Paschal Donohoe: ...10% of turnover. Pillar Two provides that the minimum effective rate is 15% for multinational enterprises with annual turnover in excess of €750m. It is expected that the Agreement will bring long-term stability and certainty to the international tax framework arising from discussions which have taken place. The implementation timeframe for both Pillars is ambitious as...

Written Answers — Department of Finance: Vacant Properties (14 Jun 2022)

Paschal Donohoe: ...used to assess the merits and impact of introducing a Vacant Property Tax. In considering the case for such a tax it is important to have a sound understanding of the quantity, locations and characteristics of long-term vacant properties. It is also essential to identify the reasons for vacancy, and whether this is long or short-term in nature. There may be genuine and acceptable reasons...

Written Answers — Department of Finance: Tax Code (2 Jun 2022)

Paschal Donohoe: ...Environment, Climate and Communications. A well-functioning EU electricity market is crucial for the integration of our Internal Energy Market and supporting investment in new renewables. The best long-term approach for Ireland to insulate consumers from volatility on international wholesale energy markets is to invest in energy efficiency and renewable energy. Cutting our dependence on...

Written Answers — Department of Finance: Vacant Properties (1 Jun 2022)

Paschal Donohoe: ...used to assess the merits and impact of introducing a Vacant Property Tax.  In considering the case for such a tax it is important to have a sound understanding of the quantity, locations and characteristics of long-term vacant properties. It is also essential to identify the reasons for vacancy, and whether this is long or short-term in nature. There may be genuine and acceptable...

Written Answers — Department of Finance: Tax Code (1 Jun 2022)

Paschal Donohoe: ...the Environment, Climate and Communications. A well-functioning EU electricity market is crucial for the integration of our Internal Energy Market and supporting investment in new renewables. The best long-term approach for Ireland to insulate consumers from volatility on international wholesale energy markets is to invest in energy efficiency and renewable energy. Cutting our dependence...

Written Answers — Department of Finance: Tax Code (31 May 2022)

Paschal Donohoe: ...used to assess the merits and impact of introducing a Vacant Property Tax.  In considering the case for such a tax it is important to have a sound understanding of the quantity, locations and characteristics of long-term vacant properties. It is also essential to identify the reasons for vacancy, and whether this is long or short-term in nature. There may be genuine and acceptable...

Written Answers — Department of Finance: Tax Code (31 May 2022)

Paschal Donohoe: ...tax system has been acknowledged by the IMF, the OECD and the ESRI.  In my view, a broad-based, progressive income tax system, where the majority of income earners make some contribution but according to their means, is the most fair and sustainable income tax system in the long term. As such, I have no current plans to increase either the USC exemption limit of €13,000 or the...

Written Answers — Department of Finance: Tax Code (31 May 2022)

Paschal Donohoe: ...% of turnover.  Pillar Two provides that the minimum effective rate is 15% for multinational enterprises with annual turnover in excess of €750m. It is expected that the Agreement will bring long-term stability and certainty to the international tax framework arising from discussions which have taken place. The implementation timeframe for both Pillars is ambitious...

Written Answers — Department of Finance: Tax Credits (31 May 2022)

Paschal Donohoe: ...for the cost of certain health expenses, including visits to the doctor, medicines, nursing home and additional nursing care expenses. Relief can be claimed for your own health expenses, those of a family member or any individual’s, as long as the taxpayer claiming the relief paid for the expenses. More information on tax relief for health expenses is available on the Revenue...

Written Answers — Department of Finance: Banking Sector (31 May 2022)

Paschal Donohoe: I propose to take Questions Nos. 180, 181 and 182 together. As the Deputy is aware, Government policy is not to hold the State's investments in AIB, Bank of Ireland and Permanent TSB long term. This country has learned at great cost that banking is a risky activity requiring significant amounts of capital support in times of stress. Therefore successive Governments have held the view that it...

Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: From the Seanad (25 May 2022)

Paschal Donohoe: The amendments refer to the Government decision with regard to the 9% VAT rate. The House will be well aware of the challenge that sector has faced during a prolonged period of the implementation of public health measures, due to which restaurants and hotels had to be closed for so long. I am also conscious that we are now in a position where, at the end of this month, the employment wage...

Written Answers — Department of Finance: Tax Code (19 May 2022)

Paschal Donohoe: Section 997A of the Taxes Consolidation Act 1997 (TCA) is a long-standing anti-avoidance measure introduced in 2005. It applies to directors or employees who have a “material interest” in their employer company. This section denies such directors or employees a credit for tax deducted from their remuneration when filing their income tax return, until such time as the tax has...

Written Answers — Department of Finance: Information and Communications Technology (17 May 2022)

Paschal Donohoe: ...the equipment. Where assets are being disposed of but have not reached end of life, the FSPO operates a system whereby a decision can be taken to resell IT assets, in order to ensure equipment is kept in use for as long as possible, thereby reducing the consumption of raw materials and impacts harmful to the environment, in accordance with the forthcoming Act. The Investor Compensation...

Written Answers — Department of Finance: Housing Schemes (17 May 2022)

Paschal Donohoe: ..., to examine whether there is a continued role for Help-to-Buy and, if so, to present options on how such role might best be fulfilled in the most efficient and cost-effective manner in the medium to long term, including on the question of any transitioning. As part of the overall context, the review should draw on experience internationally and offer views in this regard as appropriate....

Seanad: Finance (Covid-19 and Miscellaneous Provisions) Bill 2022: Second Stage (10 May 2022)

Paschal Donohoe: ...gone away, as a number of Senators have said, but I think we can have confidence about our ability to treat this as a serious and highly infectious disease as opposed to pandemic that closed down our country for so long. I again thank the Senators for the points they have made. I look forward to being back here next week to deal with Committee and Report Stages.

Written Answers — Department of Finance: Tax Code (10 May 2022)

Paschal Donohoe: ...be used to assess the merits and impact of introducing a Vacant Property Tax. In considering the case for such a tax it is important to have a sound understanding of the quantity, locations and characteristics of long-term vacant properties. It is also essential to identify the reasons for vacancy, and whether this is long or short-term in nature. There may be genuine and acceptable...