Results 3,581-3,600 of 33,118 for speaker:Paschal Donohoe

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...

Written Answers — Department of Finance: Social Media (14 Dec 2022)

Paschal Donohoe: I wish to advise the Deputy that Departmental spend on social media in 2021 and to date in 2022 is outlined in the table below. Division 2022 2021 *Commission on Taxation Nil *€24,419.15 **FSD Nil Nil ***Banking/FSPO Nil Nil ****Fiscal ...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I will vote confidence in the Minister, Deputy Darragh O'Brien, this evening, and not just because of his incredible dedication to his role, his resilience, and the effort he puts into making a difference to all that this Government wants to do better. I will vote confidence in him not just because of those qualities, which I see regularly. I will vote confidence in him because of the...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I am only getting going. Let me get into some of the other homes being delivered. Let me talk about the homes that are in planning at the moment: 124 homes on Constitution Hill-----

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: -----and 92 homes in Matt Talbot Court. Let me talk about the work our approved housing bodies are doing: Ellis Court, 22 homes; Connaught Street, 20 homes; Railway Street, 47 homes; North Great Charles Street, 52 homes; and Halston Street, 12 homes. For every home I have listed this Government wants to see more built and is determined to make a difference, but those are homes that are...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Let me tell the House just how hollow the Sinn Féin claims are this evening. Its Front Bench spokesperson, Deputy Ó Broin, cannot even bother to be here for the debate this evening. Where are the Sinn Féin Deputies?

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Is that how little confidence Sinn Féin has in its own policies that its own spokesperson will not be here this evening to make the claim for it?

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: I understand why they will not be here.

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: It is because the Sinn Féin answer to every difficulty this Government knows we face, to everything we need to make a difference to, is that we need to spend more and we need to do more. I listened very attentively to the speeches from Deputy McDonald and the housing spokesperson, when he graced us with his presence. What they said was that Sinn Féin would build more homes with...

Confidence in Minister for Housing, Local Government and Heritage: Motion (13 Dec 2022)

Paschal Donohoe: Sinn Féin makes the same case for every difficulty that is raised with it and every problem to which it seeks to make a difference. Change is not promising everything to everybody. That is not positive change; it is cynicism. It is not change; it is populism. It is not policies; it is vitriol. What we need is a vision that can make a difference.