Results 321-340 of 32,924 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Equipment (22 May 2025)

Paschal Donohoe: ICT services for my department are provided by the Office of the Government Chief Information Officer (OGCIO) under the Department of Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation. As part of this arrangement, my department uses appropriate current versions of a range of enterprise cloud services across Infrastructure, Platform and Software as a Service as...

Written Answers — Department of Finance: Departmental Contracts (22 May 2025)

Paschal Donohoe: ICT services for my department are provided by the Office of the Government Chief Information Officer (OGCIO) under the Department of Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation. I am advised that the department’s internet service is provided through the Government Networks shared service which is delivered by the OGCIO. As such, my department does...

Written Answers — Department of Finance: Primary Medical Certificates (21 May 2025)

Paschal Donohoe: The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit-for-purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. However, this is very much a matter for Government as...

Written Answers — Department of Finance: Tax Collection (21 May 2025)

Paschal Donohoe: Interest on late payment of tax is a statutory charge which Revenue is obliged to apply. These statutory charges are designed to compensate the Exchequer for loss of revenue through late payment of tax, to encourage timely payments in future and to ensure fairness and equity for the vast majority of taxpayers who file and pay their taxes on time without any follow-up from Revenue. ...

Written Answers — Department of Finance: Tax Reliefs (21 May 2025)

Paschal Donohoe: Section 473A of the Taxes Consolidation Act 1997 (TCA) provides for income tax relief in respect of qualifying tuition fees paid by an individual for a third level education course (including a postgraduate course), subject to the conditions set out in that section. The relief is granted at the standard rate of income tax (currently 20%), where an individual pays “qualifying...

Written Answers — Department of Finance: Primary Medical Certificates (21 May 2025)

Paschal Donohoe: The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit-for-purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. However, this is very much a matter for Government as...

Written Answers — Department of Finance: Financial Services (21 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 35 and 42 together. The Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 (the 2015 Act) and the Consumer Protection (Regulation of Credit Servicing Firms) Act 2018 (the 2018 Act) apply to the activity of credit servicing in relation to relevant credit agreements. The Consumer Protection (Regulation of Retail Credit and Credit Servicing...

Written Answers — Department of Finance: Financial Services (21 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 36, 37 and 38 together. Finance Act 2016 made certain changes to the taxation of qualifying companies, within the meaning of section 110 Taxes Consolidation Act 1997 (“TCA 1997”). The changes, which included the introduction of a new subsection (5A) in section 110, relate to the taxation of profits derived from the business of qualifying...

Written Answers — Department of Finance: Insurance Coverage (21 May 2025)

Paschal Donohoe: As Minister for Finance, I have policy responsibility for the development of the legal framework governing financial services regulation, including for the insurance sector. I am aware of the issue of under-insurance, which occurs when the sum insured on a property is less than the amount it would cost to rebuild or reinstate the property. According to the Central Bank of Ireland (CBI), this...

Written Answers — Department of Finance: National Asset Management Agency (21 May 2025)

Paschal Donohoe: As the Deputy will be aware, all NAMA staff are employed by the NTMA and assigned to NAMA under Section 42 of the NAMA Act of 2009. A Resolution Unit will be established and resourced by the NTMA, with responsibility for managing any residual activity of NAMA following its dissolution and any residual activity of IBRC (in Special Liquidation). It is anticipated that the Resolution...

Written Answers — Department of Finance: Dormant Accounts Fund (21 May 2025)

Paschal Donohoe: The “Funds Sector 2030: A Framework for Open, Resilient and Developing Markets”, published in October 2024, recommended that industry consider the feasibility and design of a scheme for existing and future dormant funds and funds with uncontactable investors. Such a scheme will incorporate a role for industry in supporting investors to trace unclaimed monies and identifying how...

Carbon Budget: Referral to Joint Committee (20 May 2025)

Paschal Donohoe: I move: That Dáil Éireann hereby refers the carbon budget prepared pursuant to section 6A of the Climate Action and Low Carbon Development (Amendment) Act 2021, copies of which were laid before Dáil Éireann on 19th May, 2025, to fulfil the requirements of section 6B(1)(a) of the Act, to the Joint Committee on Climate, Environment and Energy, which shall report its...

Presentation and Circulation of Revised Estimates: Motion (20 May 2025)

Paschal Donohoe: I move: That, notwithstanding Standing Order 222 of the Standing Orders of Dáil Éireann relative to Public Business or the Resolution of the Dáil of 1st April, 2025, the following Revised Estimates and Further Revised Estimate for Public Services for the year ending 31st December, 2025, be presented to the Dáil and circulated to members on 20th May, 2025, being a date...

An tOrd Gnó - Order of Business (20 May 2025)

Paschal Donohoe: Absolutely.

Written Answers — Department of Finance: Tax Reliefs (20 May 2025)

Paschal Donohoe: Section 469 of the Taxes Consolidation Act 1997 (“TCA”) provides for 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 has been carried out or advised by (in certain circumstances) a “practitioner”, will...

Written Answers — Department of Finance: Tax Code (20 May 2025)

Paschal Donohoe: The taxation of e-cigarettes and novel products, including e-liquids, is expected to be addressed at EU level through a revision of the Tobacco Tax Directive (2011/64/EU). However, the Commission’s proposals for revision of the Directive have been postponed on a number of occasions in the last few years, and in the meantime, a significant number of Member States (MS) have moved to...

Written Answers — Department of Finance: Insurance Industry (20 May 2025)

Paschal Donohoe: As the Deputy will be aware, neither I as Minister for Finance nor the Central Bank of Ireland can intervene in the provision or pricing of insurance products, as this is a commercial matter which individual companies assess on a case-by-case basis. This position is reinforced by the EU Single Market framework for insurance, as set out in the Solvency II Directive. It is also important to...

Written Answers — Department of Finance: Tax Data (20 May 2025)

Paschal Donohoe: I am advised by Revenue that statistics in respect of Capital Gains Tax (CGT) for recent years, including information on specific asset disposals that give rise to taxable gains, is published on the Revenue website at: www.revenue.ie/en/corporate/documents/statistics/income-dist ributors/summary-of-capital-gains-tax-returns.pdf. However, as crypto-assets (including cryptocurrencies) are not...

Written Answers — Department of Finance: Tax Data (20 May 2025)

Paschal Donohoe: I am advised by Revenue that the estimated revenue that would be generated by introducing a second home charge of €750 is €271.5 million. This estimate is based on properties liable to Local Property Tax, excluding the first property for each liable person and excluding all other properties owned by Local Authorities and Approved Housing Bodies. Revenue does not hold adequate...

Written Answers — Department of Finance: State Bodies (20 May 2025)

Paschal Donohoe: The relevant State bodies under the aegis of my Department have provided the requested information in the below tables. This information is published in each of the bodies’ Annual Reports. It should be noted that the Irish Fiscal Advisory Council does not have a CEO position. Central Bank of Ireland 2020 2021 2022 2023 2024 2025...