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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.

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

Paschal Donohoe: What I see in the work of the Minister, Deputy O'Brien, a colleague with whom I am privileged to serve, is-----

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

Paschal Donohoe: -----a plan we know needs to do better and a plan we know needs to deliver more, and it will due to the Minister, Deputy O'Brien, and the commitment and work of this Government. In contrast, we have an Opposition, especially a Sinn Féin Opposition, which says it wants to build more homes and to deliver more rental accommodation when it has turned landlords, developers and banks into...

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

Paschal Donohoe: That is what they are in the Opposition's world. The people we need to build more homes, the people to whom we need to lend more to get those homes built, those we need to come back in to provide rental accommodation, in the Opposition's world, are terms of abuse and have been throughout this Dáil and before. When the Opposition then says it will spend more and build more, with what...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank the Senators for raising this issue through recommendation No. 1. I am not in a position to accept the recommendation because there are many other ways in which the potential for a wealth tax to raise additional revenue for the State can be evaluated over the course of the year. I do not believe it is appropriate, in the context of a Finance Bill, to incorporate a commitment to...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank the Senator for raising a number of important matters. In our last debate on this general issue, I covered some of the broader matters she has raised so I am going to confine my comments to the very important points she made regarding gender equality with regard to private pension tax relief and access to pensions. I acknowledge that there are very specific gender-related issues...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank Senator Higgins for the different issues that she has raised. It is important to know the banks we are referring to and the role that they play within our economy. I am as conscious as everybody else in this House of the cost and the considerable harm that was done to our economy and our country some years ago as a result of the behaviour of our banks. However, we need those same...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I did not say that.

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I have three points to make. First, the effect of what the Senator is proposing would mean having a different taxation regime for banks from what applies in the rest of the economy. That would be the effect. Second, I did not say the banks that are not subject to a pay cap do not employ people within our economy. I said they employ fewer people than Bank of Ireland, AIB and Permanent TSB....

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: The short answer to the Senator's question is that this issue is currently under debate within the EU. The Commission has proposed a new energy taxation directive and, as part of that, a discussion is under way on whether the tax exemptions for aviation and maritime fuel should be removed. As a participant in this debate, as a representative of the Government of a country with an economy...

Seanad: Finance Bill 2022: Report and Final Stages (13 Dec 2022)

Paschal Donohoe: I thank the Senators for the recommendations they have tabled. The data centres are associated with large companies, as Senators said, which are also large employers in Ireland. The retention of data centres within our country is a very important ingredient of how we can keep jobs within our country, especially in the context of changes happening in corporate taxation in the time ahead,...

Seanad: Gnó an tSeanaid - Business of Seanad (13 Dec 2022)

Paschal Donohoe: If the Cathaoirleach will accommodate it, I ask that there be a brief suspension to allow me to attend a vote in the Dáil.

Written Answers — Department of Finance: Sports Funding (13 Dec 2022)

Paschal Donohoe: I propose to take Questions Nos. 234 and 241 together. Details of the new Temporary Business Energy Support Scheme (TBESS) are set out in Finance Bill 2022. The scheme provides support to qualifying businesses in respect of energy costs relating to the period from 1 September 2022 to 28 February 2023 and is available to tax compliant businesses carrying on a trade or profession the profits...

Written Answers — Department of Finance: Departmental Policies (13 Dec 2022)

Paschal Donohoe: Since the formation of the Government on 27 June 2020 the Department of Finance has delivered a number of policy achievements which include; - Budget 2021, 22 and 23 The unforeseen challenges of Ukraine, the ongoing recovery from the pandemic and the continuing fallout from Brexit were addressed from a position of strength with record levels of employment and a budget surplus. - Covid 19...

Written Answers — Department of Finance: Banking Sector (13 Dec 2022)

Paschal Donohoe: The IBRC Ninth Progress Update report was published on 9 September 2022 and provides information on costs incurred in the special liquidation to date, with cost information also provided by workstream and by time period. I am advised by the Special Liquidators that they are precluded from providing the details sought in relation to individual assets, as this is commercially sensitive...

Written Answers — Department of Finance: Consumer Protection (13 Dec 2022)

Paschal Donohoe: Directive 2015/2366/EU on payment services (or “PSD2”) was transposed into Irish law, with effect from 13 January 2018, by the European Union (Payment Services) Regulations, 2018 (S.I. No.6 of 2018, hereafter referred to as the PSRs). The PSRs set out the industry requirements concerning liabilities for unauthorised payment transactions and the applicable security requirements...

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