Results 4,961-4,980 of 33,883 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: The amount of resources we make available to the Revenue Commissioners increases nearly every year. I am always delighted to provide this increase in resources and to meet as much of Revenues budgetary needs as I can that it asks of the Department of Finance. Revenue will have the resources that are needed to implement this. I do not have a breakdown of the additional resources needed to...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: That matter is normally dealt with by the Secretary General of my Department, in dealing with the chairman of the board of the Revenue Commissioners. However, I engage regularly with the chairman and I have little doubt, if he were short of resources to do all this, he would tell me directly. I expect, and am confident, that we have met the resourcing needs for this tax, and any other...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I hear the case that is being put forward by Deputy Matthews that the penalty we have been discussing should be increased to €10,000. I will make the same general point back to the Deputy: just as he might wish that the rate should be higher, I believe the tripling of it, as we have at the moment, is capable of making a difference. The same difference exists in respect of the charge...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: The initial response of Revenue is that that would not meet with the definition of actively selling a property.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I am sure the Revenue will have to issue guidance on all of this.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: Yes, there will.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I am sure the guidance will deal with all these matters. If somebody puts a property up for sale, or appears to do so, for the purpose of avoiding paying this tax, that will be tax avoidance.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: We will definitely consider the point that Deputy Matthews has made. We believe we have the balance right in the measures that are here but we will be very happy to consider this issue carefully.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 76: In page 171, between lines 11 and 12, to insert the following: “Amendment of section 604B of Principal Act (relief for farm restructuring) 85.(1) Section 604B of the Principal Act is amended, in subsection (1)(a), in the definition of “relevant period”, by the substitution of “30 June 2023” for “31 December 2022”....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I have contacted the Chief Whip and I have let him know but it is obviously a bit messy.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: As always when addressing this issue I want to begin by acknowledging the massive problems that have been caused to many homeowners the length and breadth of our country. While I have not had the opportunity to be in the homes of those who have been affected by mica, and who have seen their homes crumble in front of their eyes, I have met homeowners. I engaged with them in the run-up to...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: Before I go into the amendments, I want to signal to the committee that I will be bringing forward a number of amendments on Report Stage. I have indicated some of them along the way but to give a complete record, I will bring forward an amendment in regard to section 3, which deals with incorrect birth registrations; an amendment with regard to help to buy; an amendment with respect to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I move amendment No. 86: In page 189, to delete lines 37 to 43 and substitute the following: “(2)(a) Where the Minister for Finance makes a determination of the kind lastly referred to in subsection (1)(e), the Minister for Finance shall, as he or she deems fit and necessary- (i) make an order providing that the day referred to in the definition of “specified...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: We are going to take them all together.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: I have spoken on all of the Government amendments. I have not yet spoken on the Opposition amendments.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: The scenario on my mind relates to a company that is a big employer in Ireland and that may be part of a global multinational company. Because of the change in energy prices in Ireland, it may become less profitable than it has been but it is still being profitable and, because of this, it runs the risk of affecting jobs in Ireland. That could happen. A company could be profitable but...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Paschal Donohoe: To respond to Deputy Doherty's points, we aim to release data similar to those released every month in respect of the employment wage subsidy scheme in respect of the operation of TBESS. We will try to provide information to the Oireachtas and the public about how this scheme is operating, what it is costing and any information we are able to extract from the data that is of help in...