Results 4,261-4,280 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Customs and Excise (18 Oct 2022)

Paschal Donohoe: Revenue informs me that there are a number of factors that influence the cost of importing a vehicle from Northern Ireland including the value of the vehicle and its emissions. There are three areas which need to be considered as costs of importing a vehicle into the State from Northern Ireland. These are Vehicle Registration Tax (VRT), Value-Added Tax (VAT) and Customs Duty. 1. VRT For the...

Written Answers — Department of Finance: Banking Sector (18 Oct 2022)

Paschal Donohoe: It should be noted that the Minister for Finance has no direct function in the operations of commercial banks. The company in question announced in February 2022 that they would serve their Irish customers using their European banking license, authorised in Lithuania, going forward. The company is now passport banking services, such as a current account and range of credit products, to...

Written Answers — Department of Finance: Defective Building Materials (18 Oct 2022)

Paschal Donohoe: I understand the difficult situation faced by homeowners whose houses are affected by defective concrete blocks. In terms of forbearance for such households that have a mortgage, as the Deputy is aware the Central Bank is responsible for the regulation and supervision of financial institutions in terms of consumer protection and prudential requirements. Through its consumer protection...

Written Answers — Department of Finance: Customs and Excise (18 Oct 2022)

Paschal Donohoe: I am advised by Revenue that they use a standardized system of classification of goods, which is also used by all Customs administrations within the EU to classify goods which are imported into the EU from any non-EU country, including the UK or exported from the EU. The TARIC database is based on the World Customs Organization (WCO) Harmonized System and is maintained by the European...

Written Answers — Department of Finance: Customs and Excise (18 Oct 2022)

Paschal Donohoe: The zero-rate of VAT applies to printed books where they meet specific requirements. If the books meet these requirements, the appropriate commodity code for the 0% rate must be included when completing the Customs import declaration to ensure that this rate of VAT is used when the tax and duty is being calculated. In instances where an incorrect commodity code is included in the Customs...

Written Answers — Department of Finance: Tax Code (18 Oct 2022)

Paschal Donohoe: Under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, as amended, anti-money laundering rules require all instances of fraud and/or suspicious transactions to be reported by financial institutions to the Financial Intelligence Unit, which is part of An Garda Síochána and under the remit of the Department of Justice. The reduction of payment fraud has...

Written Answers — Department of Finance: Tax Code (18 Oct 2022)

Paschal Donohoe: On Budget Day I announced my proposal for accelerated capital allowances for the construction of slurry storage facilities. The proposed measure would allow for 50% of eligible expenditure to be claimed over two years rather than the current eight. The Government intends to legislate for this measure in the forthcoming Finance Bill. The points made in the details supplied with the Deputy's...

Written Answers — Department of Finance: Departmental Staff (18 Oct 2022)

Paschal Donohoe: I wish to inform the Deputy that details on Special Advisers employed by the Department of Finance since 2015 are shown in the table below; Name Minister Ceased Ms. Fiona O’Connor Minister Donohoe Incumbent Ms. Deborah Sweeney (temporarily on leave) Minister Donohoe Incumbent ...

Written Answers — Department of Finance: Budget 2023 (18 Oct 2022)

Paschal Donohoe: On Budget Day, I announced a €500 Rent Tax Credit which it is proposed will be claimable in respect of rent paid in 2022 and subsequent years to end-2025. In answer to the Deputy's question, as I have indicated previously in my responses to Parliamentary Questions on this matter, I understand that licence arrangements may exist and that, in such circumstances, the licensee may be...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (18 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 298, 299, 300 and 301 together. Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the Employment Wage Subsidy Scheme (EWSS) which was an economy-wide enterprise support for eligible businesses in respect of eligible employees. The scheme closed with effect from 31 May 2022. As the Deputy will be aware,...

Written Answers — Department of Finance: Mortgage Resolution Processes (18 Oct 2022)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) has advised that as at 14 October 2022, its office had 1,077 complaints on hand identified as being tracker mortgage interest rate related complaints. In 2022 to date, the FSPO has identified 113 new complaints as being tracker mortgage interest rate related; closed 172 tracker mortgage interest rate related complaints and re-opened 11 such...

Written Answers — Department of Finance: Film Industry (18 Oct 2022)

Paschal Donohoe: In the period of time covered by the Deputy’s question, two different certification mechanisms applied. It is necessary to summarise the two certification mechanisms to provide a comprehensive reply. Prior to Finance Act 2018 a producer company would apply to Revenue for a certificate confirming that the production met the conditions set out for the scheme. The certificate was issued...

Written Answers — Department of Finance: Departmental Schemes (13 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 207 and 212 together. I indicated in my Budget speech that I would be introducing a Temporary Business Energy Support scheme (TBESS) to assist businesses with their energy costs over the winter months. The scheme is being designed to be compliant with the EU state aid temporary crisis framework and will need to be approved by the EU Commission in advance of...

Written Answers — Department of Finance: Judicial Reviews (13 Oct 2022)

Paschal Donohoe: It has not been possible in the time available to compile all the information requested by the Deputy. However, a response will be compiled and forwarded to the Deputy in writing.

Written Answers — Department of Finance: Tax Reliefs (13 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 209, 210 and 216 together. At the outset, the Deputy should note that 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...

Written Answers — Department of Finance: Departmental Schemes (13 Oct 2022)

Paschal Donohoe: I indicated in my Budget speech that I would be introducing a Temporary Business Energy Support scheme (TBESS) to assist businesses with their energy costs over the winter months. The scheme is being designed to be compliant with the EU state aid temporary crisis framework and will need to be approved by the EU Commission in advance of making payments. This framework provides for the...

Written Answers — Department of Finance: Primary Medical Certificates (13 Oct 2022)

Paschal Donohoe: Following the resignation of all members of the previous Disabled Drivers Medical Board of Appeal, effective from 30th November 2021, two Expression of Interest campaigns have been held, seeking suitable candidates for the Board. The Department of Health leads on all actions and tasks with respect to the Expression of Interest Campaigns. Department of Finance officials provide support to the...

Written Answers — Department of Finance: Departmental Data (13 Oct 2022)

Paschal Donohoe: I wish to inform the Deputy that information in respect of amounts distributed from the Central Fund in the current year (up to year-end September 2022) is publicly available on the Department's website as part of theFiscal Monitor - September 2022.

Written Answers — Department of Finance: Legislative Measures (13 Oct 2022)

Paschal Donohoe: Tobacco Products Tax (TPT) legislation is set out in Chapter 3 of Part 2 of the Finance Act 2005 (as amended), which replaced the TPT provisions of Finance Act 1996. I understand that the Deputy is asking about Section 75 of the 2005 Act which legislates for the ascertainment of retail prices of tobacco products, which had previously been dealt with in Section 84 of the earlier Act. The TPT...

Written Answers — Department of Finance: Regulatory Bodies (13 Oct 2022)

Paschal Donohoe: Transparency on the functioning of the insurance market remains a key policy focus and represents an important part of the Government’s ongoing insurance reform agenda. Accordingly, the introduction of the National Claims Information Database (NCID) within the Central Bank of Ireland (CBI) was a key step change in improving transparency, providing information and an evidence base for...