Results 2,981-3,000 of 32,527 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Departmental Communications (18 Jan 2023)

Paschal Donohoe: I wish to advise the Deputy that the briefing document provided to me by my Department following my appointment has been published on the Department's website and is available at this link - www.gov.ie/en/organisation-information/a55f9-incoming-minist ers-brief-2022/. The published version has regard to the relevant provisions of the Freedom of Information Act, 2014.

Written Answers — Department of Public Expenditure and Reform: Ethics in Public Office (18 Jan 2023)

Paschal Donohoe: I am happy to inform the Deputy that the Review to which her question refers has been completed and a report was submitted to Government by my predecessor Minister McGrath in December. The Government approved the publication of the Review Report and agreed to the preparation of a General Legislative Scheme informed by the Review's outcome. The draft legislative scheme will be prepared in...

Written Answers — Department of Public Expenditure and Reform: National Lottery (18 Jan 2023)

Paschal Donohoe: The National Lottery is a significant asset which plays an important role in generating funds for Good Causes throughout Ireland and across a range of areas including sport and recreation, culture and heritage, community health, the arts, and youth affairs. The National Lottery Fund transferred €289m to the Exchequer in 2021 which represents a significant 14% increase on 2020 and is a...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (18 Jan 2023)

Paschal Donohoe: Generally, issues such as pension increases are matters for consideration of the sectoral Minister in the first instance and take into account the application of scheme rules as well as the overall sustainability of pension funds. Section 10 of the Eircom scheme rules specifies that discretionary pension increases may be authorised by the Minister for Environment, Climate and...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (18 Jan 2023)

Paschal Donohoe: Due to Data Protection the NSSO cannot comment in public on an individual’s personal pension entitlements. However, a full response has been just issued directly to the applicant advising them in regard to this pension query.

Written Answers — Department of Finance: Banking Sector (15 Dec 2022)

Paschal Donohoe: I am advised by AIB that throughout the course of 2021 and 2022 Mr Raj Singh attended Board meetings on the following dates: Year Date 2021 28th January 2021 8th February 2021 17th February 2021 25th February 2021 4th March 2021 ...

Written Answers — Department of Finance: Tax Exemptions (15 Dec 2022)

Paschal Donohoe: Finance Act 2021 introduced Part 22A Residential Zoned Land Tax (RZLT) into the Taxes Consolidation Act 1997. The RZLT is designed to prompt residential development by landowners, including farmers, of land that is zoned for residential or mixed-use (including residential) purposes and that is serviced. RZLT is an annual tax, calculated at a rate of 3% of the market value of the land...

Written Answers — Department of Finance: Tax Collection (15 Dec 2022)

Paschal Donohoe: As the Deputy will be aware, the 9% rate for the tourism and hospitality sectors was reintroduced in Budget 2021 from 1 November 2020 to 31 December 2021 at an estimated cost of €401m. This measure was initially extended in Budget 2022 to 31 August 2022 at a further estimated cost of €251m. It was then extended again for another six months until 28 February 2023 at an...

Written Answers — Department of Finance: Business Supports (15 Dec 2022)

Paschal Donohoe: Details of the new Temporary Business Energy Support Scheme (TBESS) are set out in Finance Bill 2022. The scheme will provide support to qualifying businesses in respect of energy costs relating to the period from 1 September 2022 to 28 February 2023. The TBESS will be available to tax compliant businesses carrying on a trade or profession, the profits of which are chargeable to tax under...

Written Answers — Department of Finance: Credit Unions (15 Dec 2022)

Paschal Donohoe: A new policy framework for credit unions was implemented by Government following a report from the Commission on Credit Unions in 2011. The revised framework provided certain powers to the Central Bank to regulate credit unions, including a power to set minimum regulatory capital levels. It is important to remember that in its capacity as regulator, the Central Bank is independent of...

Written Answers — Department of Finance: Banking Sector (15 Dec 2022)

Paschal Donohoe: The Deputy may be aware that the Retail Banking Review Team, in line with schedule, submitted the draft Review to me in November. Having considered the Review in detail, I brought it to Government on 29th November to seek its approval to publish the Review and to implement the 34 recommendations contained therein. Following consideration of the Review, the Government duly gave the...

Estimates for Public Services 2023: Motion (14 Dec 2022)

Paschal Donohoe: I move: That Revised Estimates for the Public Services for the year ending 31st December, 2023, be presented to the Dáil and circulated to members, pursuant to Standing Orders 95(1)(a) and 215.

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (14 Dec 2022)

Paschal Donohoe: I thank the Deputy for raising this matter. As he acknowledged, the Government is limited in its interventions and response to this matter because these mortgages are independently regulated by the Central Bank. Anybody whose loan book was sold to an organisation like Pepper Finance has the same consumer protection as any other loan holder. I will raise the concerns the Deputy has shared...

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation (14 Dec 2022)

Paschal Donohoe: I entirely reject the premise of the Deputy's question that we are doing something that is about trying to appease the insurance sector. That is completely wrong. We brought forward a timed amendment to the Bill and we explained why in the Seanad. The first reason was because from the engagement my Department had with those who are involved in this area, in many cases, the presumption of...

Written Answers — Department of Finance: EU Data (14 Dec 2022)

Paschal Donohoe: A search of official records, in response to the Deputy’s question, indicates that there has been no cost related to my Department since the start of the 33rdDáil term to date for fines relating to cases for infringements of European Union law or for failure to transpose EU law. Similar information from other Departments needs to be sourced directly. For background, the European...

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

Paschal Donohoe: Recent Government policy has focused on strengthening the environmental rationale behind company car taxation. Until the changes I brought in as part of the Finance Act 2019, Ireland’s vehicle benefit-in-kind regime was unusual in that there was no overall CO2 rationale in the regime. This is despite a CO2 based vehicle BIK regime being legislated for as far back as 2008 (but never...

Written Answers — Department of Finance: Enterprise Support Services (14 Dec 2022)

Paschal Donohoe: I propose to take Questions Nos. 54 and 59 together. Details of the new Temporary Business Energy Support Scheme (TBESS) are set out in Finance Bill 2022. The TBESS will be available to tax compliant businesses carrying on a trade or profession the profits of which are chargeable to tax under Case I or Case II of Schedule D where they meet the eligibility criteria and to certain sporting...

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

Paschal Donohoe: I am advised by Revenue that the tax treatment of maintenance payments varies depending on: 1. whether the maintenance arrangement in place is legally enforceable or voluntary, 2. whether the maintenance payment is made for the benefit of the other party to the relationship or a child, and 3. the basis of assessment applicable to the couple. Where the payment is legally enforceable and is...

Written Answers — Department of Finance: Tax Credits (14 Dec 2022)

Paschal Donohoe: By way of background, the 2009 Commission on Taxation reviewed the One-Parent Family Tax Credit. It acknowledged that the credit played a role in supporting and incentivising the labour market participation of single and widowed parents but recommended that the credit should be allocated to the principal carer of the child only. A feature of the One-Parent Family Tax Credit was that it could...

Written Answers — Department of Finance: Banking Sector (14 Dec 2022)

Paschal Donohoe: There are certain legal and regulatory requirements governing the provision of mortgage credit to consumers. For example, the Central Bank’s Consumer Protection Code 2012 (the Code) imposes ‘Knowing the Consumer and Suitability’ requirements on lenders. Under these requirements, lenders are required to assess affordability of credit and the suitability of a product or...