Results 3,861-3,880 of 32,432 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: I will go beyond 10 p.m., if that is okay, because I will refer to the variety of issues that have been raised. I will respond to Deputy Boyd Barrett first, acknowledge the points made by Deputy Ó Murchú and conclude with those made by Deputy Matthews. I have taken a real interest in this matter prompted by two things. First, Deputy Boyd Barrett raised a number of issues with me,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: Okay. He may have briefly acknowledged it-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: You would honestly think that Deputies Matthews, Ó Murchú and Boyd Barrett were talking about different industries and sectors. I am saying all this because my Department and I are very interested in the application of this credit. In all honesty, shortly after, or maybe around the time of, the different committee hearings referred to, my Department met SIPTU and Screen Guilds of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Paschal Donohoe: Happy birthday.

Ceisteanna Eile - Other Questions: Tax Collection (10 Nov 2022)

Paschal Donohoe: I thank the Deputy. We have been engaging with the European Commission, particularly in respect of the VAT directive that was introduced earlier in the year. The engagement we have had with the OECD has concentrated on other areas of taxation rather than the area to which the Deputy has referred. As I said, this is a new area of flexibility that has been granted to us. We are going to...

Ceisteanna Eile - Other Questions: Business Supports (10 Nov 2022)

Paschal Donohoe: I am virtually positive that is the case but I will come back to the Deputy to confirm that. I will provide that full clarification when we are debating the Finance Bill. As I have said, if businesses have a trading relationship with the Revenue Commissioners under case I, they are included in the scheme. There are some positive signals on the design of the scheme. The feedback is that...

Ceisteanna Eile - Other Questions: Tax Collection (10 Nov 2022)

Paschal Donohoe: I propose to take Questions Nos. 100 and 117 together. The Department of Housing, Local Government and Heritage has informed me that the draft maps indicating the land that falls within the scope of the RZLT were published by all 31 local authorities in respect of land within their administrative areas on 1 November 2022. These maps are available on the websites of each local authority...

Ceisteanna Eile - Other Questions: Tax Collection (10 Nov 2022)

Paschal Donohoe: I engaged with the Minister for Agriculture, Food and the Marine when we were bringing in the changes. In fairness to the Minister, he raised the same issues the Deputy has just raised a year ago when we were designing this new tax. He raised the issue of land in smaller towns that could be owned by farmers and is zoned for residential use. Our judgment - the Deputy will know this better...

Ceisteanna Eile - Other Questions: Tax Collection (10 Nov 2022)

Paschal Donohoe: I hope the last recourse in this regard will be the involvement of An Bord Pleanála, which is having enough demands placed on it. Like the Minister for Housing, Local Government and Heritage, I want and expect any questions or concerns regarding the status of land to be dealt with by local authorities. It should not involve having to use An Bord Pleanála in any way. The Minister...

Ceisteanna Eile - Other Questions: Tax Collection (10 Nov 2022)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which our law must comply. As the Deputy is aware, significant changes have now occurred with regard to that. The tax strategy group, TSG, published a paper earlier this year outlining some of the options now available for Ireland and other member states to consider. I suspect the one the Deputy is most...

Ceisteanna Eile - Other Questions: Credit Unions (10 Nov 2022)

Paschal Donohoe: I want to recognise the huge work the Minister of State, Deputy Fleming, has done in this. He has put incredible energy into assessing where we are from a policy perspective with a part of our economy he understands well, namely our credit union movement. He regrets that he cannot be here to take the Deputy’s question but he is representing us on Government business in Brussels. ...

Ceisteanna Eile - Other Questions: Credit Unions (10 Nov 2022)

Paschal Donohoe: The Deputy is dead right. For example, in the early part of 2021 some 19 credit unions participated in the Covid-19 credit guarantee scheme. It was great to have those individual credit unions participate in that scheme. Beyond that, five credit unions were announced as participants in the Brexit impact loan scheme. If I look at the participation of the credit union sector within our...

Ceisteanna Eile - Other Questions: Credit Unions (10 Nov 2022)

Paschal Donohoe: It is very positive to hear the example the Deputy has of the acquisition of the Bank of Ireland building in Bantry. I know the building the Deputy is referring to and I can only imagine that will have a positive impact on the presence of credit union services to her constituents. We will continue to work within Government with the sector to try to support it, in an appropriate way, in the...

Ceisteanna Eile - Other Questions: Business Supports (10 Nov 2022)

Paschal Donohoe: Details of the new TBESS are set out in Finance Bill 2022. Farmers will be eligible for payments under the TBESS in the same way as any other business that is carrying out a trade which is taxable under case I of Schedule D where they meet all eligibility criteria. A person engaged in a trade of farming who has suffered an increase of at least 50% in the average unit price of electricity or...

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Paschal Donohoe: I have no doubt that Sinn Féin's pre-budget statement is going to be available later today.

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Paschal Donohoe: Not at all. Actually, the Deputy did post it to me - I have a copy of it - but it was not available today. It has not been available over the last number of days and the Deputy knows why. The figures do not add up, the proposals are a source of risk and any new issue, any bus that goes by, Sinn Féin wants to hop on it.

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Paschal Donohoe: Sinn Féin does not want the country to know what its track record is and what its proposals are.

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Paschal Donohoe: I am going to answer. I am only too happy to answer the Deputy's question. We did indeed consider this matter following the publication of the tax strategy group paper. As I said to the Dáil, we are going to continue to monitor this matter. It was the view of my Department, and I assessed the matter myself, that any change in the current regime could cause unintended consequences,...

Ceisteanna Eile - Other Questions: Tax Code (10 Nov 2022)

Paschal Donohoe: I propose to take Questions Nos. 97, 146 and 159 together. This new charging mechanism was legislated for in 2019. It is not a result of anything that was contained in this budget or the current Finance Bill. We indicated in 2019 that these changes were to come in. I appreciate why the Deputy is raising this matter and the impact it may have on some of his constituents. I recognise that....

Ceisteanna Eile - Other Questions: Tax Code (10 Nov 2022)

Paschal Donohoe: I appreciate that the costs the Deputy refers to are very significant. I have no doubt that constituents are contacting him about the matter and are concerned about it. I respectfully make the case to him again that we have been flagging this change for a number of years. My concern is that if we were to change or defer a significant change in BIK that has been very well flagged at this...