Results 5,041-5,060 of 32,432 for speaker:Paschal Donohoe

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: This Government is building social and affordable housing all over the country through the local authorities. That is a reality that is now being delivered. New homes are being built through Dublin City Council and other local authorities the length and breadth of the country to respond to the need that is there. It is the case that Deputy Doherty wants far more being built but he is...

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: That is vital over time to bringing rents and prices down.

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: I thank Deputy Bacik for raising those two matters. On the negotiations that are under way on public pay, it is precisely because the Government recognises and values so much the contribution that nurses, doctors, teachers and civil servants make to society and the economy that these public pay discussions are under way. We believe an agreement on the future of public pay for the country is...

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: We recognise the intention of the Deputy in providing more constructive opposition and the different tone of it. At the same time, and with respect to Deputy Bacik, it is simply not open to the Government to be able to maintain the levels of expenditure, borrowing and intervention we had during the era of Covid. That was a unique period in our public and economic health, one that is...

Ceisteanna ó Cheannairí - Leaders' Questions (15 Jun 2022)

Paschal Donohoe: This Government has always accepted that meeting the housing needs of our society is a critical challenge that we must rise to, not just for our society but for the families, households and tenants who are all affected by the challenge of not enough homes being available to buy and rents not being affordable. We accept this is a challenge to which we must rise and make progress on. It is...

Written Answers — Department of Finance: Insurance Industry (15 Jun 2022)

Paschal Donohoe: At the outset, it is important to note that neither I, nor the Central Bank of Ireland have any influence over the pricing or provision of insurance products, as this is a commercial matter.  This position is reinforced by the EU legislative framework for insurance (the Solvency II Directive).  Having said that, the Government is acutely aware of the concerns felt by many...

Written Answers — Department of Finance: Tax Code (15 Jun 2022)

Paschal Donohoe: Ireland’s taxation of fuel is governed by European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. ETD provisions on mineral oils are transposed into national law in Finance Act 1999 (as amended). Finance Act 1999 provides for the application of excise...

Written Answers — Department of Finance: Tax Rebates (15 Jun 2022)

Paschal Donohoe: I acknowledge the cost pressures on parents with young children. In recognition of these pressures, a number of support measures are already in place to ease the burden on working parents. These include various tax-exempted financial supports provided by the Minister for Children, Equality, Disability, Integration and Youth to assist parents to offset the costs of early...

Written Answers — Department of Finance: Rental Sector (15 Jun 2022)

Paschal Donohoe: In relation to the Deputy's question, overall policy responsibility for housing policy, including the rented residential sector, is a matter in the first instance for my colleague the Minister for Housing, Local Government and Heritage.   I am only in a position to respond in respect of taxation measures. Also, as the Deputy will be aware, the Government's strategy to address...

Written Answers — Department of Finance: Tax Code (15 Jun 2022)

Paschal Donohoe: As the Deputy will be aware, the 9% rate for these industries 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. I have now extended this measure for a further six months. The 9% VAT rate will therefore remain for these...

Written Answers — Department of Finance: Tax Yield (15 Jun 2022)

Paschal Donohoe: I am informed by Revenue that the net receipts from Capital Gains Tax (CGT) and Capital Acquisitions Tax (CAT), at the applicable rate, are set out in the table below. The table also sets out the estimated receipts if an alternative CAT and CGT rate of 25% had applied from 2012. The Deputy should note that these estimates are straight line calculations and do not take account of any...

Written Answers — Department of Finance: Insurance Industry (15 Jun 2022)

Paschal Donohoe: Firstly, it is important to point out that neither I, nor the Central Bank of Ireland, can direct the pricing or provision of insurance products. This is a commercial matter for individual companies to assess on a case-by-case basis and in accordance with their own calculation of various factors, including risk. This position is reinforced by the EU Single Market framework for insurance (the...

Written Answers — Department of Finance: Tax Strategy Group (15 Jun 2022)

Paschal Donohoe: The Deputy will be aware that 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 for the Group by Department of Finance...

Written Answers — Department of Finance: Tax and Social Welfare Codes (15 Jun 2022)

Paschal Donohoe: The Commission on Taxation and Welfare was established in June 2021.  It has been asked to independently consider how best the taxation and welfare systems can support economic activity and promote increased employment and prosperity in a resilient, inclusive and sustainable way, while ensuring that there are sufficient resources available to meet the costs of the public services and...

Written Answers — Department of Finance: Legislative Programme (14 Jun 2022)

Paschal Donohoe: The Central Bank (Individual Accountability Framework) Bill will drive positive changes in terms of culture, greater delegation of responsibilities, and enhanced accountability while simplifying the taking of sanctions against individuals who fail in their financial sector roles. The General Scheme of the Central Bank (Individual Accountability Framework) Bill was approved by Government and...

Written Answers — Department of Finance: Tax Reliefs (14 Jun 2022)

Paschal Donohoe: Tax relief for Trade Union subscriptions was previously provided for under section 472C of the Taxes Consolidation Act 1997 (TCA). The relief was introduced in 2001 and abolished from 2011 onwards. Professional membership fees are deductible under section 114 TCA where those fees are incurred wholly, exclusively and necessarily by an individual in the performance of the duties of his or her...

Written Answers — Department of Finance: Tax Code (14 Jun 2022)

Paschal Donohoe: I propose to take Questions Nos. 366 to 369, inclusive, together. Ireland’s taxation of fuel is governed by European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. ETD provisions on mineral oils are transposed into national law in the Finance Act 1999...

Written Answers — Department of Finance: Tax Reliefs (14 Jun 2022)

Paschal Donohoe: I propose to take Questions Nos. 370 and 371 together. Rental income from the leasing of agricultural land is exempt from income tax under Section 664 of the Taxes Consolidation Act (1997). I am advised by Revenue that the total tax relief, the average tax relief, and the average overall tax liability of taxpayer units claiming this relief in the years 2017 to 2019 (the latest year for which...

Written Answers — Department of Finance: Primary Medical Certificates (14 Jun 2022)

Paschal Donohoe: I propose to take Questions Nos. 372 and 415 together. The Disabled Drivers and 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...

Written Answers — Department of Finance: Tax Credits (14 Jun 2022)

Paschal Donohoe: The allocation of Personal Public Service Numbers (PPSN) is a matter for the Department of Social Protection. Obtaining a PPSN using false documentation is an offence under social welfare legislation. I am advised by the Department of Social Protection that where a person is allocated a PPSN incorrectly, the Department of Social Protection takes all necessary steps to ensure that the...