Results 421-440 of 34,444 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Rental Sector (4 Nov 2025)

Paschal Donohoe: I am advised by the Revenue Commissioners that Revenue does not collect statistical data regarding the nature of assets held in Approved Retirement Funds (ARFs).

Written Answers — Department of Finance: Departmental Funding (4 Nov 2025)

Paschal Donohoe: I wish to inform the Deputy that my Department does not fund any NGOs.

Written Answers — Department of Finance: Tax Code (4 Nov 2025)

Paschal Donohoe: The Finance (Local Property Tax and Other Provisions) (Amendment) Act 2025, signed into law in July, provides for a number of changes to the structure of Local Property Tax (LPT). These changes will apply for the upcoming valuation period 2026-2030. The Act provides for a widening the valuation bands by 20%, which will ensure that an estimated 93% of properties remain in their existing band....

Written Answers — Department of Finance: Departmental Policies (4 Nov 2025)

Paschal Donohoe: Ireland is focused on supporting and enhancing its economic relationship with Brazil to the greatest extent possible. Brazil is a valued and important trading partner for Ireland with whom we have an extensive two-way relationship in terms of people, business and diplomatic ties. Several Irish companies have based their Latin American headquarters in Brazil. Ireland's longstanding tax...

Written Answers — Department of Finance: Alcohol Pricing (4 Nov 2025)

Paschal Donohoe: Minimum unit alcohol pricing was introduced by the Department of Health as a public health measure designed to influence retail pricing strategies. As minimum unit alcohol pricing applies exclusively at the final stage of the supply chain (i.e. retail), any additional revenue realised by alcohol companies as a result of this policy is not captured in the data provided to Revenue. Alcohol...

Written Answers — Department of Finance: Tax Code (4 Nov 2025)

Paschal Donohoe: The Programme for Government has committed to support small and medium enterprises, especially those in the retail and hospitality sectors. The VAT reduction announced in Budget 2026 will apply to food and catering services and to hairdressing services. The measure will not apply to entertainment such as admissions to cinemas, theatres, museums, fairgrounds, and amusement parks. The 9%...

Written Answers — Department of Finance: Tax Code (4 Nov 2025)

Paschal Donohoe: Per Budget 2026, the second reduced VAT rate of 9% will apply to services provided by hairdressers from 1 July 2026. This measure will extend to all hairdressing services including those provided by Beauty Salons. The Deputy should be aware that all VAT legislation must comply with all provisions of the EU VAT Directive which holds that all goods and services are liable at the standard...

Written Answers — Department of Finance: Tax Data (4 Nov 2025)

Paschal Donohoe: At the end of every year, Revenue makes a Preliminary End of Year Statement (PEOYS), available to employees. The PEOYS sets out a provisional tax position, based on information available on Revenue records. It will show whether an employee has paid the correct amount of Income Tax and Universal Social Charge (USC) for the year. I am advised by Revenue that the final position for PAYE...

Written Answers — Department of Finance: Revenue Commissioners (4 Nov 2025)

Paschal Donohoe: I have been advised by Revenue that following the vessel’s seizure and forfeiture, immediate steps were taken by Revenue to prepare for the disposal of the MV Matthew. In November 2023, initial consultation commenced with a shipping broker with a view to marketing the vessel for sale. In December 2023, Revenue was advised by the Office of the DPP that the disposal of the vessel...

Written Answers — Department of Finance: Mortgage Interest Rates (4 Nov 2025)

Paschal Donohoe: The Central Bank of Ireland's Consumer Protection Code provides that a regulated entity must notify affected personal consumers of any change in the interest rate on a loan. This includes the date from which the new rate applies. In the case of a mortgage with a tracker interest rate, a regulated entity must provide the notification no later than ten business days after the change in the...

Written Answers — Department of Finance: Tax Code (4 Nov 2025)

Paschal Donohoe: The E-Liquid Products Tax (EPT) was legislated for in Finance Act 2024 and will come into effect from 1 November 2025. Under the new law, the EPT will apply to both nicotine-containing and non-nicotine-containing e-liquid products at a single flat rate of 50 cent per millilitre of e-liquid. The introduction of the EPT underlines Ireland’s ongoing commitment to safeguarding public...

Written Answers — Department of Finance: Tax Code (4 Nov 2025)

Paschal Donohoe: I take it that the Deputy is referring to the Standard Fund Threshold (SFT). The SFT is a limit of €2 million on the total tax-relieved pension benefits a person can receive from Irish pension schemes. If a pension fund exceeds this limit, the excess amount is subject to a 40% chargeable excess tax. The Deputy will be aware that in 2023, the then Minister for Finance announced an...

Written Answers — Department of Finance: Customs and Excise (4 Nov 2025)

Paschal Donohoe: Revenue, as Ireland’s Tax and Customs administration, is responsible for managing the importation and exportation of goods in accordance with European Union (EU) Customs legislation. I am advised by Revenue that the valuation of goods for Customs purposes is set out in EU legislation and applies in all Member States in the EU. When goods are imported into Ireland from a country...

Written Answers — Department of Finance: Departmental Policies (4 Nov 2025)

Paschal Donohoe: I propose to take Questions Nos. 466, 472 and 473 together. As the Deputy will be aware from my responses on 21 October, the Finance Act 1992 (as amended) and the Vehicle Regulation and Taxation Regulations, 1992 (as amended), require that a vehicle used on the roads displays a plate correctly identifying the vehicle’s registration number, and the legislation specifies the content...

Written Answers — Department of Finance: Revenue Commissioners (4 Nov 2025)

Paschal Donohoe: I am advised by Revenue that, in compliance with section 851A of the Taxes Consolidation Act (TCA) 1997, it is not permitted to disclose details relating to the tax affairs of any individual taxpayer or taxable entity, except in certain limited circumstances provided for in law, for example in the case of tax settlements meeting the criteria for publication under section 1086A of the TCA. ...

Written Answers — Department of Finance: Departmental Staff (4 Nov 2025)

Paschal Donohoe: I wish to inform the Deputy that as of 31st October 2025, there are 391 employees in my department. Table A below sets out the number of staff per year, by grade, as of 31st December from 2015 to 2024, and to end Q3 for 2025. Table A Year Sec Gen Dep Sec A/Sec PO AP AO HEO EO SO CO SVO Spec....

Written Answers — Department of Finance: Departmental Bodies (4 Nov 2025)

Paschal Donohoe: The information sought by the Deputy is set out in the attached document.

Written Answers — Department of Finance: Departmental Data (4 Nov 2025)

Paschal Donohoe: The breakdown of multi-property owners from 2016 to date, in tabular form is provided in the tables below. I am further advised by Revenue the property counts reflect properties for which an LPT return has been filed or LPT has been paid. The detailed breakdowns for 2025 provided below are included within the 2025 LPT report available at:...

Written Answers — Department of Finance: Departmental Data (4 Nov 2025)

Paschal Donohoe: As the Deputy will be aware, local property tax (LPT) is charged on a valuation band basis. Property owners are required to value their property on the valuation date. When filing their LPT return, they are required to select which LPT valuation band their property falls under. For the upcoming valuation period, which will commence in 2026, only properties valued over €2.1 million will...

Written Answers — Department of Finance: Tax Yield (4 Nov 2025)

Paschal Donohoe: I am advised by Revenue that the Local Property Tax (LPT) liability by County for the years 2022-2025 is provided in the tables below. Liability is based on the returns filed and payments received. The statistics for 2025, 2024 and 2023 provided below were previously included within the LPT reports, under each respective year tab, available at: County LPT...