Results 501-520 of 33,055 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Avoidance (14 May 2025)

Paschal Donohoe: The Finance Act 2016 made certain changes to the taxation of qualifying companies, within the meaning of section 110 Taxes Consolidation Act 1997 (“TCA 1997”). The changes, which included the introduction a new subsection (5A) in section 110, relate to the taxation of profits derived from the business of qualifying companies that involve the holding, managing or both the holding...

Written Answers — Department of Finance: Departmental Data (14 May 2025)

Paschal Donohoe: In general, any entity involved in the business of providing credit to consumers has to be authorised as a credit institution, a credit union or a retail credit firm. Any non-bank or non-retail credit firm who subsequently services or acquires the legal title to the rights of the creditor under such a credit agreement has to be authorised as a credit servicing firm. In its...

Written Answers — Department of Finance: Data Protection (14 May 2025)

Paschal Donohoe: I am informed by the Revenue Commissioners that Revenue is aware of and complies with its obligations under data protection legislation (i.e. the Data Protection Acts 1988 to 2003 and, from May 2018, the General Data Protection Regulation and Data Protection Act 2018). Revenue reports the personal data breach statistics to the Data Protection Regulator, who publish these figures. There is...

Written Answers — Department of Finance: Data Protection (14 May 2025)

Paschal Donohoe: I am advised by the Revenue Commissioners that it operates multiple telephone lines dedicated to different taxes and duties. Each phone line informs taxpayers that “for quality and customer satisfaction purposes, this call may be recorded”. During telephone interactions, the taxpayer’s identity will be verified in order to discuss potential confidential matters. The...

Written Answers — Department of Finance: Tax Data (14 May 2025)

Paschal Donohoe: I note that the Deputy has confirmed that he is referring to the Annual Progress Report that was published by the Department of Finance on 6 May. I also note that his query is in relation to tax measures expiring in 2026. As is standard practice, the Annual Progress Report (APR) fiscal projections do not reflect additional costs of tax policy measures above that which was provided for in...

Written Answers — Department of Finance: Tax Code (14 May 2025)

Paschal Donohoe: I am advised by Revenue that providing an exact cost of the flat rate expenses regime is not possible due to the way in which flat rate expenses are claimed on Form 11 tax returns, which does not allow for complete disaggregation of allowable expenses in a manner that would be required to provide such an estimate. However, on a best effort basis an approximate cost of €75.5...

Written Answers — Department of Finance: Primary Medical Certificates (13 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 455 and 466 together. The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit-for-purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. ...

Written Answers — Department of Finance: Departmental Data (13 May 2025)

Paschal Donohoe: I am advised by Revenue that historical data on the number of taxpayer units paying tax at the higher rate is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statis tics/archive/tax-head/income-earners-it.aspx. This gives the number of taxpayer units paying at the higher rate for the years 2005 to 2018 inclusive. I am advised by Revenue that this data...

Written Answers — Department of Finance: Legislative Measures (13 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 457 and 458 together. Legislation providing for the introduction of a new national excise duty to e-cigarettes, known as E-Liquid Products Tax (EPT), was included in Chapter 1 of Part 2 of Finance Act 2024. Essentially, e-liquid products are liquids used in e-cigarettes, including refill cartridges for refillable devices. Under the new law, EPT will...

Written Answers — Department of Finance: Energy Usage (13 May 2025)

Paschal Donohoe: The Climate Action Plan 2021 (CAP21) envisages the public sector leading by example on climate action to reach the target of reducing Ireland’s greenhouse gas emissions by 51% by 2030 and becoming climate neutral no later than 2050. This requires public sector bodies to put in place a Climate Action Roadmap to reduce greenhouse gas (GHG) emissions by 51% by 2030 and increase the...

Written Answers — Department of Finance: Departmental Projects (13 May 2025)

Paschal Donohoe: I refer the Deputy to the responses given by the then Ministers for Finance to Parliamentary Questions No 122 (Ref No. 28575/24) and No. 120 (Ref No. 26235/24) for background on the proposed development. The Ireland Strategic Investment Fund (ISIF) has invested in Greystones Media Campus Ltd (GMC) on a commercial basis as a minority investor. ISIF has invested alongside Hackman Capital...

Written Answers — Department of Finance: Tax Data (13 May 2025)

Paschal Donohoe: As the Deputy will be aware, the Tax Policy Changes document referenced in his question includes detailed distributional analysis of the tax measures announced in the Budget. The distributional analysis incorporates tables demonstrating the impact of the Budget changes in respect of income tax, PRSI and USC on various household types, including single persons, married couples with and without...

Written Answers — Department of Finance: Tax Exemptions (13 May 2025)

Paschal Donohoe: Section 195 of the Taxes Consolidation Act 1997 (TCA 1997) empowers Revenue to make a determination that certain artistic works are original and creative works generally recognised as having cultural or artistic merit. In accordance with the provisions of section 195, the Arts Council and the Minister for Arts, Heritage and the Gaeltacht have drawn up guidelines for determining whether a...

Written Answers — Department of Finance: Tax Exemptions (13 May 2025)

Paschal Donohoe: In line with best practice and as with all such proposals for the introduction of new tax measures or the amendment of existing tax reliefs through the tax system, proposals must be assessed in accordance with the Department of Finance’s Tax Expenditure Guidelines. These make clear the importance that any policy proposal which involves tax expenditures should only occur in limited...

Written Answers — Department of Finance: Tax Data (13 May 2025)

Paschal Donohoe: I am advised by Revenue that there has been no change in the legislation or in Revenue’s treatment of payments made to individuals by sporting bodies, clubs, etc., where those individuals provide services as coaches, referees, or who work at summer camps, etc. For the many individuals who volunteer at sports clubs and bodies around the country, there are no tax implications, as...

Written Answers — Department of Finance: Tax Reliefs (13 May 2025)

Paschal Donohoe: I would begin by saying that I am aware that the Irish economy, in common with others, continues to be reliant on fossil-fuel for the greater proportion of its energy. This means that most companies, including financial institutions, hold investments in activities that involve fossil fuel usage. Specifically in relation to financial institutions, as the Deputy may know, addressing climate...

Written Answers — Department of Finance: Customs and Excise (13 May 2025)

Paschal Donohoe: I am advised by Revenue that details on Alcohol Product Tax, including total volumes, applicable excise rates, and total liabilities by commodity and accounting period are available on the Revenue website at the following link: www.revenue.ie/en/corporate/information-about-revenue/statis tics/excise/alcohol/alcohol-products-tax.aspx. It is estimated that increasing current rates by 5%,...

Written Answers — Department of Finance: Programme for Government (13 May 2025)

Paschal Donohoe: The Programme for Government includes a commitment to collaborate with industry in exploring the establishment of a National Fintech Hub with the aim of fostering innovation and supporting fintech initiatives. Department of Finance officials are carrying out research and continue to engage with industry in exploring the possibilities for a National Fintech Hub.

Written Answers — Department of Finance: Programme for Government (13 May 2025)

Paschal Donohoe: As announced by my colleague Mr. Jack Chambers T.D., Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation on 16 April the Government has agreed to a series of actions to accelerate the delivery of strategic infrastructure. Included in these actions is a role for the NTMA. The NTMA, including through its National Development Finance Agency business...

Written Answers — Department of Finance: Departmental Bodies (13 May 2025)

Paschal Donohoe: I propose to take Questions Nos. 470, 471, 472, 473, 474, 475 and 476 together. I wish to advise the Deputy that there are no non-governmental organisations under the aegis of my Department.