Results 4,921-4,940 of 33,118 for speaker:Paschal Donohoe

Defective Concrete Products Levy: Motion [Private Members] (4 Oct 2022)

Paschal Donohoe: We have had two banks leave our State. In every debate on the banking sector here, I am always asked what more we can do more banks in to the country. While I can understand the attraction of levying, does the party not think there is a risk that could also be passed on? Does it not think that our ability to get more banks and more investment into our country to build more homes is not...

Defective Concrete Products Levy: Motion [Private Members] (4 Oct 2022)

Paschal Donohoe: I move amendment No. 2: To delete all words after "Dáil Éireann" and substitute the following: "notes that: — the Government continues to place the highest priority on improving Ireland's housing system and delivering more homes for all types of people with different housing needs through the Housing for All: Our Shared Future plan; — the households affected by...

Written Answers — Department of Finance: Tax Credits (4 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 213, 233, 237 and 243 together. As the Deputies are aware, on Budget Day, I announced a €500 Rent Tax Credit which it is proposed will be claimable in respect of rent paid in 2022 and subsequent years to end-2025. The intention is that, in order for a person to be in a position to claim the credit in a year : - the rent paid must be in respect of the...

Written Answers — Department of Finance: Tax Credits (4 Oct 2022)

Paschal Donohoe: As I indicated in my Budget 2023 address, approximately 400,000 persons are expected to be eligible to claim the proposed rent tax credit in 2023. As a precise figure for the number of eligible tenants for the rent credit is currently unavailable from the Residential Tenancies Board (RTB), an estimate was arrived at using the best available data, which is published by the CSO and relates...

Written Answers — Department of Finance: Tax Yield (4 Oct 2022)

Paschal Donohoe: I am advised by Revenue that a breakdown of Local Property Tax (LPT) collected for the year 2021 is available in the LPT annual report available at: www.revenue.ie/en/corporate/information-about-revenue/statis tics/local-property-tax/lpt-stats/end-of-year-reports/local- property-tax-2021.aspx. Information in respect of the yield for 2022 is updated regularly at...

Written Answers — Department of Finance: Departmental Transport (4 Oct 2022)

Paschal Donohoe: I can confirm to the Deputy that I have not taken any domestic flights for work purposes. The figures provided in tabular form below include the number of domestic flights taken during my appointment as Minister for Finance and Minister for Public Expenditure and Reform for 2019 up to June 2020. The details of any such travel by my successor as Minister for Public Expenditure and Reform...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: The Government recognises the impact rising prices have had on households and businesses across the country and has taken significant action. On Budget Day this Tuesday, Minister McGrath and I announced a “cost-of-living” package of once-off measures worth €4.1 billion. This was accompanied by budgetary measures for 2023 worth €6.9 billion. The total size of...

Written Answers — Department of Finance: Tax Yield (4 Oct 2022)

Paschal Donohoe: Further to the Deputy's question of 8 September 2022, I am advised by Revenue that the following table presents a breakdown of the Local Property Tax (LPT) liability associated with the 108,744 properties brought within the scope of LPT for the year 2022, on a Local Authority basis. This information is provisional and likely to be revised as additional returns are filed. Local...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: As the Deputy will be aware, on 19 January 2022, the Government announced a Covid-19 recognition payment for eligible frontline healthcare workers to recognise their unique role during the pandemic. The resulting “Pandemic Special Recognition Payment” of up to a maximum of €1,000 per individual was to be made by and on behalf of the Minister for Health to specified...

Written Answers — Department of Finance: Universal Social Charge (4 Oct 2022)

Paschal Donohoe: The Universal Social Charge (USC) was designed and incorporated into the Irish taxation system in 2011 to replace two other charges, namely the Health and Income Levies. Its primary purpose was to widen the tax base and to provide a steady income to the Exchequer to provide funding for public services. The USC is an individualised tax, meaning that a person’s liability to the tax...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: As the Deputy will be aware, the 9% rate for the tourism and hospitality sectors was reintroduced in Budget 2021 from 1 November 2020 to 31 December 2021 at an estimated cost of €401m. This measure was initially extended in Budget 2022 to 31 August 2022 at a further estimated cost of €251m. It was then extended again for another six months until 28 February 2023 at an...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: In Housing for All, the Government has set out a suite of incentives available to encourage re-use of properties and increase the supply of housing. While both Revenue data and preliminary Census 2022 data show that vacancy lies within a range that is considered to be in line with a functioning housing market, it is important that the Government acts to ensure all viable housing stock is made...

Written Answers — Department of Finance: Tax Credits (4 Oct 2022)

Paschal Donohoe: As a precise figure for the number of eligible tenants for the rent credit is currently unavailable from the Residential Tenancies Board (RTB), an estimate was arrived at using the best available data, which is published by the CSO and relates to Jan – June 2021. That release put the number of people deemed to be in the rental sector (excluding social housing tenants) at just over...

Written Answers — Department of Finance: European Union (4 Oct 2022)

Paschal Donohoe: Ireland’s gross contributions to the EU Budget from 2023 to 2027 are forecasted to be as follows: 2023 €3.975bn 2024 €4.075bn 2025 €4.300bn 2026 €4.375bn 2027 €4.500bn It should be noted these forecasts were published as...

Written Answers — Department of Finance: Budget 2023 (4 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 225 and 226 together. As the Deputy is aware, my Department’s analyses of the distributional impact of the tax and welfare measures announced at budget time are calculated on a nominal basis. As such, they do not adjust for projected levels of inflation but instead compare a baseline scenario of no-policy change against a reform scenario solely...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: As the Deputy will be aware the required legislative changes in relation to automatic external defibrillators will be made in the Finance Bill. In line with the zero rate that exists for other medical devices I intend for the zero rate to apply to parts or accessories suitable for use solely or principally with automatic external defibrillators.

Written Answers — Department of Finance: Enterprise Support Services (4 Oct 2022)

Paschal Donohoe: I indicated in my Budget speech that I would be introducing a Temporary Business Energy Support scheme (TBESS) to assist businesses with their energy cost over the winter months. The TBESS will be open to businesses that carry on a Case I trade, are tax compliant and have experienced a significant increase in their natural gas and electricity costs. The scheme will be administered by the...

Written Answers — Department of Finance: Tax Reliefs (4 Oct 2022)

Paschal Donohoe: Section 469 of the Taxes Consolidation Act 1997 (TCA 1997) provides for relief at the standard rate of income tax (currently 20%) on qualifying health expenses incurred in the provision of health care. For the purposes of the section “health care” means prevention, diagnosis, alleviation or treatment of an ailment, injury, infirmity, defect or disability, and includes care...

Written Answers — Department of Finance: Employment Rights (4 Oct 2022)

Paschal Donohoe: As the Deputy is aware, employment classification is a complex area and questions of employment status impact the work of three different Government bodies. The Department of Social Protection (DSP) has responsibility for the PRSI system and determines employment status for social insurance purposes; the Workplace Relations Commission (WRC) determines employment status when adjudicating on...

Written Answers — Department of Finance: Tax Code (4 Oct 2022)

Paschal Donohoe: It is assumed that the Deputy is referring to tax on an inheritance in the form of capital acquisitions tax (CAT) rather than capital gains tax. For CAT purposes, the relationship between the person giving a gift or inheritance (the disponer) and the person who receives it (the beneficiary) determines the maximum amount, known as the “Group threshold”, below which a charge...