Results 21-40 of 34,444 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Industry (18 Nov 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. However, neither I nor the Central Bank of Ireland can intervene in the provision or pricing of insurance, or direct as to what cover is provided, as is reinforced by the EU framework for insurance (Solvency II...

Written Answers — Department of Finance: Insurance Industry (18 Nov 2025)

Paschal Donohoe: The Government remains committed to addressing the issue of public liability insurance costs through the efforts of the Office for the Promotion of Competition in the Insurance Market. The new Programme For Government - Securing Ireland’s Future calls for the expansion/support of the Office and work is underway to add additional resources. It continues to play an important role in...

Written Answers — Department of Finance: Banking Sector (18 Nov 2025)

Paschal Donohoe: The Central Credit Register was established by the Central Bank of Ireland under the Credit Reporting Act 2013. The Central Credit Register does not calculate a credit score, grade or rating. It provides factual information regarding the payment performance of a credit agreement, such as payments made or missed payments. The Central Credit Register records information that is submitted...

Written Answers — Department of Finance: Tax Code (18 Nov 2025)

Paschal Donohoe: Section 118(5A) of the Taxes Consolidation Act 1997 (TCA) provides for an exemption from benefit-in-kind (BIK) where an employer purchases a travel pass for one of their employees or directors. Under section 118B TCA, an employer and employee may also enter into a salary sacrifice arrangement under which the employee agrees to sacrifice part of his or her salary, in exchange for a travel...

Written Answers — Department of Finance: Tax Code (18 Nov 2025)

Paschal Donohoe: On 16 July 2025, the EU Commission published its proposal for a recast of the Tobacco Taxation Directive. The proposal involves an increase in minimum tax rates for traditional tobacco products, expansion of the Directive’s scope to encompass newer products (including the liquids for vapes, nicotine pouches, and potential future products), and extension of the Directive to encompass...

Written Answers — Department of Finance: Illicit Trade (18 Nov 2025)

Paschal Donohoe: Regulation of the sale, promotion and advertising of tobacco products, including via online modes, is the policy responsibility of my colleague the Minister for Health. Enforcement of the legislation regarding such regulatory matters is undertaken by the Health Services Executive (HSE), through its Environmental Health Service. I understand that the EU’s Digital Services...

Written Answers — Department of Finance: Revenue Commissioners (18 Nov 2025)

Paschal Donohoe: Smoking is Ireland’s leading cause of preventable death, and the Government is committed to reducing smoking prevalence in Ireland, especially among younger people. We pursue this public health policy objective on a whole-of-Government basis through strategies across a range of policy areas, including taxation, and through the control of tobacco product movement, including through...

Written Answers — Department of Finance: Regeneration Projects (18 Nov 2025)

Paschal Donohoe: I refer the Deputy to my reply to to question No. 437 of 4 November last, which sets out the reports on the Living City Initiative commissioned or conducted by my Department. "In relation to evaluations of the Living City Initiative (LCI) by my Department, the following sets out the links to each published report: An ex-ante evaluation of the LCI pilot was undertaken by independent...

Written Answers — Department of Finance: Fiscal Policy (18 Nov 2025)

Paschal Donohoe: My Department regularly carries out a range of analysis, including scenario analysis, of the Irish economy’s exposure to risks. The Budget 2026 Economic and Fiscal Outlook notes that risks to the economic outlook are tilted to the downside and that these risks are primarily external in nature. This document includes a risk assessment matrix which identifies key economic and fiscal...

Written Answers — Department of Finance: Departmental Legal Cases (18 Nov 2025)

Paschal Donohoe: I wish to inform the Deputy that neither my Department nor any of the bodies under the aegis of my Department incurred legal costs in defending judicial reviews of planning decisions during the stated time period.

Written Answers — Department of Finance: Departmental Data (18 Nov 2025)

Paschal Donohoe: Revenue has provided a breakdown of LPT property owners, excluding AHBs and local authorities, from 2016 to date. Revenue has further advised that, in relation to the answer to Parliamentary Question No. 470 on 4 November, there was an error in the table for 2018. The correct figures for 2018 are provided at the end of this answer. Revenue apologise for the error. 2025 ...

Written Answers — Department of Finance: Departmental Data (18 Nov 2025)

Paschal Donohoe: I am advised by Revenue that the estimated value of residential property on the LPT register is tentatively estimated at €752 billion, of which the portion owned by multi-property owners is estimated at €258 billion. This high-level estimate is based on the median price by valuation band as of 2024 and the distribution of properties by 2022-2025 valuation band. The estimate...

Written Answers — Department of Finance: Aviation Industry (18 Nov 2025)

Paschal Donohoe: Ireland’s excise duty treatment of aviation fuel is governed by European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). ETD provisions on liquid fuels are transposed into national law in Chapter 1 of Part 2 of Finance Act 1999 (as amended). This legislation provides for the application of excise duty in the form of Mineral Oil Tax (MOT)...

Written Answers — Department of Finance: Tax Yield (13 Nov 2025)

Paschal Donohoe: I am advised by Revenue that the Local Property Tax (LPT) liability in Donegal since LPT was introduced in 2013 is provided in the table below. Liability is based on returns filed and payments received. Year LPT liability €m Year to date October 2025 11 2024 11 2023 11 ...

Written Answers — Department of Finance: Tax Code (13 Nov 2025)

Paschal Donohoe: I propose to take Questions Nos. 226 and 227 together. Capital Acquisitions Tax was reviewed by my officials this year as part of the annual Tax Strategy Group papers. The paper set out policy considerations and modelled costs for changes to the existing Capital Acquisition Taxes regime. A link can be found here: . Capital Acquisition Tax along with all tax heads is kept under review...

Written Answers — Department of Finance: Pensions Reform (13 Nov 2025)

Paschal Donohoe: The introduction of the Automatic Enrolment Retirement Savings System, known as AE, is a landmark reform, and important Programme for Government Commitment, designed to get people to save for their retirement earlier, thereby helping them to sustain a reasonable standard of living in their old age. It is also designed to support the long-term sustainability of the pension system more...

Written Answers — Department of Finance: Departmental Properties (13 Nov 2025)

Paschal Donohoe: I wish to advise the Deputy that my Department does not own any properties and is provided with accommodation by the OPW.

Written Answers — Department of Finance: Vehicle Registration Tax (12 Nov 2025)

Paschal Donohoe: The correspondence provided by the Deputy concerns consumer protection for the purchasers of imported vehicles and suggests some measures to strengthen this. I will respond to the points raised that are relevant to my remit as Minister for Finance and to Revenue’s role as vehicle registration authority. Section 131 of Finance Act 1992 (as amended) provides that all vehicles in the...

Written Answers — Department of Finance: Tax Collection (12 Nov 2025)

Paschal Donohoe: In Budget 2026, I announced the introduction of a new Derelict Property Tax (DPT). The aim of this tax will be to encourage the activation of derelict properties. This new tax will replace the Derelict Sites Levy and will be collected by the Revenue Commissioners. Introducing this new tax will take time to ensure that Revenue and local authorities can put in place the necessary...

Written Answers — Department of Finance: Tax Code (12 Nov 2025)

Paschal Donohoe: Capital Acquisitions Tax (CAT) is a tax on gifts and inheritances that is payable by the beneficiary of a gift or inheritance on the value of the property received. The relationship between the person providing the gift or inheritance (the disponer) and the person receiving it (the beneficiary) determines the tax-free threshold (Group threshold) below which CAT does not arise. Any prior...