Results 281-300 of 1,718 for long speaker:Paschal Donohoe

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

Paschal Donohoe: ...a socially progressive national retrofitting programme; - To encourage and incentivise farmers to farm in a greener and more sustainable way. It is revenue from carbon tax that will support Ireland in meeting our climate targets in the short and medium terms by protecting against fuel poverty, and in the long term by providing for a more sustainable living environment. In the long run the...

Written Answers — Department of Finance: Departmental Data (1 Mar 2022)

Paschal Donohoe: ...Year-end 2021 €bn Irish Government Bonds 154.1 EFSM/EFSF Loans 40.9 SURE Loan 2.5 Other Medium/Long-Term Debt 5.2 Total Medium/Long-Term Debt 202.7 State Savings Products (excludes POSB deposits) 19.6 ...

Written Answers — Department of Finance: Tax Reliefs (23 Feb 2022)

Paschal Donohoe: ...on mileage. Conversely, high emissions vehicles will be subject to higher rates of BIK. This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition, Ireland currently has a BIK relief for electric vehicles which is due to continue until end 2025....

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Disability Services (22 Feb 2022)

Paschal Donohoe: ...already grappling with such need in their lives and are expecting there to be a speedy appeal process in place. Of course I am aware of the assessments that have been offered of this scheme for so long. As I said to the House a few moments ago, I very much regret that the board members who were operating the scheme that I was responsible for felt they had no option but to resign in the...

Carbon Tax: Motion (Resumed) [Private Members] (22 Feb 2022)

Paschal Donohoe: ...and a paper of his. He said a review of his "profiles a growing body of academic research and good evidence ... to show that careful carbon pricing policy may be a tool to help Canada ... prosper in the long term". Roger Martin is dean of the school of management at the University of Toronto. Deputy Ó Broin did not quote Danny Harvey either. Professor Harvey has said that carbon...

Written Answers — Department of Finance: Universal Social Charge (22 Feb 2022)

Paschal Donohoe: ...OECD and the ESRI. It is 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 plans to abolish the USC and replace it with a high income social charge.

Written Answers — Department of Finance: Insurance Industry (22 Feb 2022)

Paschal Donohoe: ...in the Motor and Home Insurance Marketsand taking any appropriate actions as deemed necessary in light of the Bank’s final report. As the Deputy is aware, the Central Bank published its final report, along with a public consultation on proposals to strengthen the consumer protection framework in July 2021. Among the Bank’s proposals is a ban on “price walking”...

Written Answers — Department of Finance: Universal Social Charge (22 Feb 2022)

Paschal Donohoe: ...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.

Written Answers — Department of Finance: Tax Exemptions (22 Feb 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: Real Estate Investment Trusts (22 Feb 2022)

Paschal Donohoe: ..., the deemed disposal provisions upon cessation of REIT status were restricted to REITs that have been in operation for at least 15 years, in line with the regime's stated objective of encouraging long-term, stable investment in rental property. In relation to IREFs, amendments were made in Finance Act 2019 to prevent the use of excessive debt and other payments to reduce distributable...

Written Answers — Department of Finance: Universal Social Charge (22 Feb 2022)

Paschal Donohoe: ...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.

Written Answers — Department of Finance: Financial Services (22 Feb 2022)

Paschal Donohoe: ...for making complaints to the FSPO’s predecessor, the Financial Services Ombudsman’s Bureau. This introduced additional time limits for complaints about the conduct of financial service providers, in respect of a “long-term financial service". These expanded time limits were included in the Act, which commenced in January 2018, when the FSPO came into existence....

Written Answers — Department of Finance: Banking Sector (22 Feb 2022)

Paschal Donohoe: ...to consumers, with different mortgage lenders seeking to focus on or be more competitive in a particular part of the market.  Also new entrants have recently come into the market and a number of lenders now offer very long term fixed mortgage interest rate products to consumers.  Furthermore, some lenders are offering “green” mortgages at competitive rates to...

Written Answers — Department of Finance: Fiscal Policy (22 Feb 2022)

Paschal Donohoe: ...over the short-term. In addition, the Department’s medium-term economic projections envisage a return to reasonably strong economic growth in the coming years. Nevertheless, there are a number of medium-to-long-term fiscal challenges already identifiable on the horizon. Amongst these are the challenges to the public finances posed by the so-called ‘dual...

Written Answers — Department of Finance: Tax Exemptions (17 Feb 2022)

Paschal Donohoe: ...Irish VAT legislation the, supply of the building materials is liable to VAT at the standard rate. By way of special derogation from the general rule, however, Ireland is permitted to continue its long-standing practice of applying a reduced rate, currently 13.5%, to the supply of ready-to-pour concrete and certain concrete blocks but there are strict restrictions on this derogation,...

Written Answers — Department of Finance: Tax Credits (17 Feb 2022)

Paschal Donohoe: ...appropriate mechanisms for resolving defects and, to consider financing options in line with the Programme for Government commitment to identifying options for those impacted by defects to access low-cost, long-term finance. A final paper is due to be completed by Q2 2022.   Separately, my Department's Tax Expenditure Guidelines are clear that a tax-based intervention should only...

Written Answers — Department of Finance: Economic Data (16 Feb 2022)

Paschal Donohoe: ...on 2021. The provisional debt service outturn for 2021 was just below €3.75bn. I am informed by the National Treasury Management Agency (NTMA) that the maturity profile of the Exchequer’s medium/long-term (MLT) debt portfolio is available on the Agency's website. A summary version, reflecting the position as of end-January 2022, and covering the five-year period 2022...

Tackling the Cost of Living - Institutional Investors in the Residential Property Market: Motion (15 Feb 2022)

Paschal Donohoe: ...increase in the supply of new homes is the only route to solving Ireland's housing crisis; — delivering the target of an average of 33,000 homes per annum will require significant private investment alongside our unprecedented levels of public investment; — the Government has provided the largest ever housing budget in the history of the State to support commitments and...

Written Answers — Department of Finance: Customs and Excise (15 Feb 2022)

Paschal Donohoe: ...a significant portion of carbon tax revenue is allocated for expenditure on targeted welfare measures and energy efficiency measures, which not only support the most vulnerable households in society but also in the long term, provides support against fuel price impacts by reducing our reliance on fossil fuels. Of course, the Government is acutely aware of the increase in consumer prices...

Written Answers — Department of Finance: Tax Code (15 Feb 2022)

Paschal Donohoe: ...; applies such that there is no annual tax on income or gains arising to a fund but the fund has responsibility to deduct an exit tax in respect of payments made to certain unit holders in that fund. To prevent indefinite or long-term deferral of this exit tax, a disposal is deemed to occur every 8 years. Where the offshore fund regime applies, the applicable tax treatment depends on the...