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Written Answers — Department of Finance: Revenue Commissioners (5 Jul 2022)

Paschal Donohoe: I am advised by Revenue that the Central Revenue Information Office on Cathedral Street is open to members of the public who wish to avail of Revenue’s “in-person” appointment service. This service allows people to schedule an appointment at a time that suits them, eliminating queue waiting times that are a feature of any “walk in” service. Appointments must...

Written Answers — Department of Finance: National Asset Management Agency (5 Jul 2022)

Paschal Donohoe: I wish to advise the Deputy that NAMA does not own properties, rather NAMA owns loans for which the properties act as security. The properties are owned and controlled by their registered owners, or appointed receivers in the event of enforcement. The Receiver is an agent of the debtor, not NAMA. The property at Carrickmines Green is a private residential development consisting of a...

Written Answers — Department of Finance: Departmental Funding (5 Jul 2022)

Paschal Donohoe: I wish to advise the Deputy that my Department and the bodies under the aegis of my Department do not fund any full-time PhD positions.

Written Answers — Department of Finance: Tax Reliefs (5 Jul 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. To qualify for the Scheme an applicant must be in possession of a Primary Medical Certificate (PMC). The PMC is issued by the relevant Senior Medical Officer in the HSE, or failing that an...

Written Answers — Department of Finance: Customs and Excise (5 Jul 2022)

Paschal Donohoe: It was not possible for the Revenue Commissioners to respond to this information request in the time available and therefore I will make arrangements to provide a response in line with Standing Order 42A.

Written Answers — Department of Finance: Vehicle Registration Tax (5 Jul 2022)

Paschal Donohoe: I am advised by the Revenue Commissioners that under section 132 of the Finance Act, 1992, an additional charge applies where a vehicle is unregistered after the date registration is required by law, or where a payment or part payment remains outstanding after the same date.  Under the law, the additional charge is calculated as 0.1% of the amount of VRT outstanding, multiplied by...

Written Answers — Department of Finance: Revenue Commissioners (5 Jul 2022)

Paschal Donohoe: I am advised by Revenue that it currently operates 24 detector dog teams with arrangements in place to increase this to 26 by the end of July 2022. The year one cost of each detector dog team is approximately €100,000. This includes the cost of a trained detector dog, salary of the handler, training for the handler with the dog, transport and...

Written Answers — Department of Finance: Tax Code (5 Jul 2022)

Paschal Donohoe: The Deputy should note that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within Annex III of the Directive, in respect of which Member States may apply either one or two reduced rates of VAT. Ireland currently...

Written Answers — Department of Finance: Tax Code (5 Jul 2022)

Paschal Donohoe: The Deputy should note  that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within Annex III of the Directive, in respect of which Member States may apply either one or two reduced rates of VAT. Ireland currently...

Written Answers — Department of Finance: Departmental Bodies (5 Jul 2022)

Paschal Donohoe: The process of unwinding the Financial Emergency (FEMPI) legislation commenced under the Lansdowne Road Agreement 2016-2018, with the remainder of the process largely completed under the Public Service Stability Agreement 2018-2020 (PSSA), and ‘Building Momentum: A New Public Service Agreement, 2021-2022’. By 1 July, 2021, salary rates up to €150,000 had been fully...

Written Answers — Department of Finance: Tax Credits (5 Jul 2022)

Paschal Donohoe: As the Deputy may be aware, the Minister for Housing, Local Government and Heritage has established an Independent Working Group to examine the issue of defective housing. Officials from my Department participate on this Working Group.  The objectives of the group are to identify the scope of relevant significant defects in housing, to evaluate the scale of housing affected, to...

Written Answers — Department of Finance: EU Directives (5 Jul 2022)

Paschal Donohoe: I propose to take Questions Nos. 180 and 181 together. It is first important to note that Russia’s war is illegal, immoral and unjustified. Ireland’s support for Ukraine’s sovereignty and territorial integrity is unwavering. We have been working closely with our EU partners and fellow Member States in the adoption of sanctions in response to Russia’s violation of...

Written Answers — Department of Finance: Tax Reliefs (5 Jul 2022)

Paschal Donohoe: The Government is acutely aware of the increase in consumer prices in recent months, especially the increase in fuel and other energy prices including home heating oil,  and for this reason it recently introduced a package of measures to alleviate the impact of increased energy prices on households.  These measures built on measures already introduced in Budget...

Written Answers — Department of Finance: Mortgage Interest Rates (5 Jul 2022)

Paschal Donohoe: The role of the Central Bank of Ireland includes ensuring that the financial system operates in the best interests of consumers and the wider economy. The best interests of consumers are protected and confidence and trust in the financial system is enhanced through effective regulation of firms and markets. In line with the its mandate, the Central Bank intervened with a number of...

Written Answers — Department of Finance: Budget Process (5 Jul 2022)

Paschal Donohoe: I can confirm that I have received the pre-budget submission of the organisation to which the Deputy refers.  The contents will be considered in the context of the forthcoming Budget and the Deputy will be aware that it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Tax Reliefs (5 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: Insurance Industry (5 Jul 2022)

Paschal Donohoe: As the Deputy will appreciate, as Minister for Finance I cannot adjudicate or comment on ongoing test cases in relation to business interruption insurance claims. This includes matters in relation to issues of quantum, which are still before the Courts. The Government’s consistent view has been that insurers should engage with impacted businesses honestly, fairly and professionally to...

Written Answers — Department of Finance: Strategic Infrastructure (5 Jul 2022)

Paschal Donohoe: I am informed by the NTMA who manage the Ireland Strategic Investment Fund that the ISIF invests on a commercial basis to support economic activity and employment in Ireland. ISIF invests across a range of strategic priorities including Housing and Enabling Investments, Climate Action, scaling Irish companies and supporting the Food and Agriculture sector. A focus on regional investment to...

Written Answers — Department of Finance: Banking Sector (5 Jul 2022)

Paschal Donohoe: While it is regrettable that Ulster Bank has decided to exit the market, such decisions are commercial matters and are the sole responsibility of the board and management of the bank, which must be run on an independent and commercial basis. My priority now is that the withdrawal takes place in an orderly manner. The importance of this is emphasised in all engagements with the banks and...

Written Answers — Department of Finance: Banking Sector (5 Jul 2022)

Paschal Donohoe: As Minister for Finance, I do not have a direct function in the operations of any bank. Although the State is a shareholder in some of the banks operating in the State, they must be run on a commercial and independent basis. The charging of fees is a commercial decision for regulated entities, within the parameters of the regulatory framework. Under Section 149 of the Consumer Credit...

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