Results 4,681-4,700 of 32,432 for speaker:Paschal Donohoe

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: Yes. I echo what the Deputy said. Phenomenal work is under way there. Limerick 2040 is one of the key bodies-----

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: 2030.

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: Indeed. In conjunction with the council, Limerick 2030 has done brilliant work moving lots of large initiatives forward. I am really looking forward to going back soon with the Deputy and seeing all the progress that has been made. I know well the parts of the city referred to by the Deputy and the work that could really complement the broader regeneration that is under way. It will be...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: We had assumed a base case scenario of inflation within our economic forecast of approximately 6% on average for the year. When the Minister for Public Expenditure and Reform and I published the stability programme update in April and the summer economic statement a couple of weeks ago, we acknowledged there was a risk to that 6% and said there could be changes that would move it to between...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: We will be implementing lots of initiatives between now and budget day, for example, the measures announced by the Ministers for Education and Social Protection on back to school and the changes to the SUSI grant across the summer. All of the measures the Government has announced during the year will be implemented across the summer. The Government has not made any decision yet about what...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: Nothing has been flagged with me regarding significant difficulties with the operation of the CSO and the data it produces in a very timely way. The indicators it is now involved in producing for the Government appear to have grown in both quantity and quality in recent years. I am sure it will raise funding needs, as every State body does, to which the Minister for Public Expenditure and...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: The Minister, Deputy McGrath and I are constantly at pains to acknowledge the challenges and difficulties many are facing at the moment but in the same breath to make the point regarding the things that are still going well in our economy. We both made reference in our opening statements to where we are with income, with employment and to the growth that has taken place in our economy and...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: I can certainly provide that to the committee.

Written Answers — Department of Finance: Vacant Properties (13 Jul 2022)

Paschal Donohoe: I am advised by Revenue that it has recently published a report setting out analysis of residential property vacancies as reflected in the Local Property Tax (LPT) returns for 2022. This report is available at www.revenue.ie/en/corporate/documents/statistics/lpt/lpt-vac ant-properties-report.pdf. I am advised by Revenue that the data in this report are not directly comparable to that...

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

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of 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 order to qualify for relief, the...

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

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of 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 order to qualify for relief, the...

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

Paschal Donohoe: Section 473A of the Taxes Consolidation Act 1997 provides for income tax relief in respect of qualifying tuition fees paid by an individual for a third level education course (including a postgraduate course), subject to the conditions set out in that section. The relief is granted at the standard rate of income tax (currently 20%), where an individual pays “qualifying fees” for...

Written Answers — Department of Finance: Departmental Staff (13 Jul 2022)

Paschal Donohoe: My Department continually seeks to grow its people and enhance its culture to deliver an inclusive place to work and an environment where talented people are engaged, valued and choose to work to provide a world class service and expertise to the State. Recruitment to the Department and wider Civil Service is managed centrally by the Public Appointments Service (PAS). As such, recruitment...

Written Answers — Department of Finance: Tax Strategy Group (13 Jul 2022)

Paschal Donohoe: As the Deputy will be aware, the Tax Strategy Group (TSG) is in place since the early 1990’s and is chaired by the Department of Finance with membership comprising senior officials and political advisers from a number of Civil Service Departments and Offices. Papers on various options for tax policy changes are prepared annually by Department of Finance officials. The TSG is not a...

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Paschal Donohoe: Section 126AA of the Stamp Duties Consolidation Act 1999 imposes an annual levy, known as the “bank levy”, on certain financial institutions. When the levy was first introduced, it was decided that the yield would be maintained at a fixed amount of approximately €150m every year. To arrive at this fixed amount, the charge is based on a percentage of Deposit Interest...

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

Paschal Donohoe: I propose to take Questions Nos. 125 and 126 together. In answering the Deputy's question, I should note that a recommendation to pay dividends is the sole responsibility of the board and management of the banks. I am precluded from intervening in commercial and operational decisions in any particular bank, even one in which the State has a shareholding and as such it would not be appropriate...

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Paschal Donohoe: Energy policy, including increasing costs of energy supply and the taxation of profits, is a matter of key concern to the Government. In April, the Government approved and published the National Energy Security Framework, which sets the overarching response to the impacts of the war in Ukraine on the energy system in Ireland. The Framework outlines the structures which are in place within...

Written Answers — Department of Finance: Summer Economic Statement (13 Jul 2022)

Paschal Donohoe: Government set out its medium-term budgetary strategy in the Summer Economic Statement last year. This incorporated assumed tax packages of €0.5 billion each year. However, as the Deputy is aware, the economic environment has changed considerably since last year, with inflation now running at the highest level in decades. In recognition of this, Government set out an update to the...

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Paschal Donohoe: I am informed by Revenue that the costs to the Exchequer, in relation to tax reliefs provided for pension contributions, are available at the following link, for the period 2014 to 2018: . The information requested by the Deputy is available in the table rows titled “Pension Contribution (Retirement Annuity and PRSA)”, “Employees' Contributions to Approved Superannuation...

Written Answers — Department of Finance: Tax Data (13 Jul 2022)

Paschal Donohoe: I am advised by Revenue that information on stamp duty receipts on credits cards is published on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statis tics/receipts/receipts-stamp-duty.aspx. The stamp duty receipts on credit cards would equate to the cost arising from the removal of this duty.