Results 4,301-4,320 of 32,432 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Reviews (27 Sep 2022)

Paschal Donohoe: I can advise the Deputy of the costs, including estimates where relevant, and the bodies conducting the live studies, reviews and research projects in my Department as follows: Live studies, reviews and research projects Cost (Ex-VAT) Conducted by External review of Help to Buy Scheme €64,300 Mazars -Working...

Written Answers — Department of Finance: Revenue Commissioners (27 Sep 2022)

Paschal Donohoe: Employment classification is a complex area and there is no single clear definition of the terms ‘employed’ or ‘self-employed’ in Irish or EU law. As a matter of clarification, questions of employment versus self-employment status impact the work of three different Government bodies. The Department of Social Protection (DSP) has responsibility for the PRSI system...

Written Answers — Department of Finance: Departmental Data (27 Sep 2022)

Paschal Donohoe: I am advised by Revenue that the available information in relation to section 604A Capital Gains Tax relief is published at: www.revenue.ie/en/corporate/documents/statistics/tax-expendi tures/relief-on-disposal-of-certain-land-or-buildings.pdf. The latest available year is 2020. Tax returns do not detail the individual properties disposed of, or the gains on these disposals. However, the...

Written Answers — Department of Finance: Flexible Work Practices (27 Sep 2022)

Paschal Donohoe: The Government recognises the impact rising prices have had on households and businesses across the country and has taken significant action. Some €2.4 billion in cost of living measures has been announced since last October. Looking ahead, the Government will continue to address these challenges head on. Budget 2023 will be a ‘Cost of Living Budget’ and will build on the...

Written Answers — Department of Finance: State Bodies (27 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 133 and 134 together. The Disabled Drivers and Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In...

Written Answers — Department of Finance: Departmental Data (27 Sep 2022)

Paschal Donohoe: I am advised by Revenue that the table below sets out the estimated yield to the Exchequer, on a first and full year basis, from the introduction of a 3rdrate of income tax of 43% applicable to taxable income in excess of €400,000 and €750,000 respectively. First Year Yield €m Full Year Yield €m On income above ...

Written Answers — Department of Finance: Inflation Rate (27 Sep 2022)

Paschal Donohoe: Consumer price (HICP) inflation has picked up sharply over the course of this year and stood at 9 per cent in August. Almost every advanced economy in the world is in the same position, with inflation rates of 8.3 and 9.1 per cent recorded in the US and euro area respectively in August. The key driver of the elevated level of inflation at present is the sharp rise in wholesale energy,...

Written Answers — Department of Finance: Pharmacy Services (27 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 137 and 139 together. The issues raised in this question relate to the community pharmacy sector and are a matter for the Minister of Health. However, I would like to reiterate the Government’s recognition of the key role of Pharmacy in the Community, and the very significant contribution made by this sector to patients and the public in...

Written Answers — Department of Finance: Tax Exemptions (27 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of a Budget decision.

Ceisteanna Eile - Other Questions: Flexible Work Practices (22 Sep 2022)

Paschal Donohoe: The Deputy has concluded the discussion in an appropriate way because there has to be a balance. Public services still need to be provided, contact needs to be made available to citizens and consumers and employers still have to be viable and provide for and meet the needs of their customers. There is clearly a balance in how all this can be done. All the Deputies have acknowledged the...

Ceisteanna Eile - Other Questions: Disability Services (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, I gave a commitment to the House that a comprehensive review of the scheme would be undertaken. I am working with the Minister for Children, Equality, Disability, Integration and Youth, Deputy O'Gorman, on this and we both agree that the review should be brought within a wider review under the auspices of the national disability inclusion strategy. This work is...

Ceisteanna Eile - Other Questions: Disability Services (22 Sep 2022)

Paschal Donohoe: I take the points that have been raised by the Deputies. The working group has met on a number of occasions throughout the year and its next meeting is coming up in a number of weeks. I will play my role in trying to make progress on this issue because I accept that too many of our citizens are waiting for too long to know where they will be with the provision of valuable supports. We must...

Ceisteanna Eile - Other Questions: Flexible Work Practices (22 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 103, 108 and 111 together. The programme for Government includes a commitment to facilitate and support remote working. As part of the national remote working strategy, in 2021, the tax strategy group reviewed the tax arrangements for remote working in respect of both employees and employers. That paper is now available on my Department’s website. ...

Ceisteanna Eile - Other Questions: Flexible Work Practices (22 Sep 2022)

Paschal Donohoe: I thank the Deputies for the points they made. It is probably a little too early to know what the equilibrium will look like in terms of working from home. Even if we did not have the energy price change that is occurring and we were living in - to use that phrase we used for a long time - a "new normal", I still think it would be early to see what the new patterns will be regarding where...

Ceisteanna Eile - Other Questions: Tax Code (22 Sep 2022)

Paschal Donohoe: As I said, I understand the important issues the Deputies are raising and I hope I have been clear in the responses I have given. We will continue with our work on preparing the budget.

Ceisteanna Eile - Other Questions: Banking Sector (22 Sep 2022)

Paschal Donohoe: I thank the Deputy and acknowledge that he has been raising this issue with me from the beginning, at the moment when concerns began to develop regarding the future of Ulster Bank. Given the importance of that bank in the communities he represents, he has raised this issue regularly with me in the House. As he will be aware, while I deeply regret the decision made by Ulster Bank and KBC,...

Ceisteanna Eile - Other Questions: Banking Sector (22 Sep 2022)

Paschal Donohoe: I agree that while 24% is a big change versus where we were earlier in the year, there remains a great deal that needs to be done. Nevertheless, while that means 76% of the accounts are still open, that does not mean all those accounts are still active. More than 600,000 new accounts have been set up in the three remaining banks, which points to consumers responding back to getting their...

Ceisteanna Eile - Other Questions: Banking Sector (22 Sep 2022)

Paschal Donohoe: There are indeed important issues we need to monitor and play a role in. The Minister of State, Deputy Fleming, has reminded me of the role our credit unions can play in also providing new services and accounts to people who are former customers of the two banks that are leaving. I am very much aware of the point the Deputy made about how not everybody is able to access services digitally...

Ceisteanna Eile - Other Questions: Mortgage Interest Rates (22 Sep 2022)

Paschal Donohoe: I and the Department of Finance will be forever careful and monitoring developments in this area because it is so fundamental to us. Deputy Farrell made an important point regarding the provision of financial services such as insurance products. I recognise the work the Minister of State, Deputy Fleming, has done in this area where he has been making the case for Ireland as a good place for...

Ceisteanna Eile - Other Questions: Tax Code (22 Sep 2022)

Paschal Donohoe: I thank the Deputy for raising this important matter. As she is aware, capital acquisitions tax, CAT, is a tax which applies to both gifts and inheritances. The relationship between the person giving a gift or inheritance and the person who receives it determines the maximum amount, known as the "group threshold", below which CAT does not arise. As Deputy Carroll MacNeill will be aware,...