Results 521-540 of 9,090 for speaker:Jack Chambers

Written Answers — Department of Finance: Budget 2025 (22 Oct 2024)

Jack Chambers: I assume the Deputy is referring to pre-budget submissions received by my Department. The Taxation Divisions of my Department received almost 700 pre-budget submissions in relation to Budget 2025 and the Finance Bill. Some of these are duplicates sent in by different public representatives on behalf of the same organisation. The Department maintains a list of submissions received and all...

Written Answers — Department of Finance: Regional Development (22 Oct 2024)

Jack Chambers: I propose to take Questions Nos. 242 and 243 together. The National Treasury Management Agency (NTMA have informed me that In June 2022, the revised ISIF Impact Strategy was launched, with a focus on four key investment themes: climate, housing and enabling investments, scaling indigenous businesses, and food and agriculture. A particular focus includes initiatives with an ambition to...

Written Answers — Department of Finance: Departmental Bodies (22 Oct 2024)

Jack Chambers: I wish to advise the Deputy that there are two social enterprise representatives as members of the Credit Union Advisory Committee.

Written Answers — Department of Finance: Tax Rebates (22 Oct 2024)

Jack Chambers: The Deputy should note that the scheme referred to in his question is the Disabled Drivers & Disabled Passengers Scheme (DDS), for which my Department has oversight. The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and...

Written Answers — Department of Finance: Financial Services (22 Oct 2024)

Jack Chambers: The Central Bank regulates firms within its regulatory perimeter, and this has evolved over recent years as the financial services landscape evolves. Regulated firms may at times undertake both regulated and unregulated activities. The provision of unregulated products and services by regulated firms can result in customers not being aware of the nature of the product and service they...

Written Answers — Department of Finance: Public Sector Staff (22 Oct 2024)

Jack Chambers: I am advised by Revenue that there were 579 officers employed at the grade of Higher Executive Officer (HEO) in tax specialist roles in 2023. As of 18 October 2024, the number of HEOs employed in tax specialist roles was 551. This is set out in tabular form below: Grade 2023 2024 HEO (Tax Specialists*) 579 551 * ...

Written Answers — Department of Finance: Departmental Properties (22 Oct 2024)

Jack Chambers: I wish to advise the Deputy that my Department is provided with accommodation by the OPW and does not own any properties.

Written Answers — Department of Finance: Tax Yield (22 Oct 2024)

Jack Chambers: I propose to take Questions Nos. 250 to 252, inclusive, and 255 together. I am advised by Revenue that the Excise Duty receipts collected in respect of Fuel Taxes in each of the past five years up to 2023 are published on the Revenue website at: . The provisional receipts for the year to September 2024 are shown in Table 1: Table 1 : Excise Duty Receipts: January – September...

Written Answers — Department of Finance: Official Engagements (22 Oct 2024)

Jack Chambers: No meeting has taken place with Fuels for Ireland since my appointment as Minister for Finance.

Written Answers — Department of Finance: Financial Services (22 Oct 2024)

Jack Chambers: The Financial Services and Pensions Ombudsman (FSPO) is an important part of the robust consumer protection framework in place in Ireland to support consumers of financial products and services. It is an independent and impartial statutory body that helps to resolve complaints from consumers, including small businesses and other organisations, about the conduct of regulated financial...

Written Answers — Department of Finance: Revenue Commissioners (22 Oct 2024)

Jack Chambers: I am advised by Revenue that the Criminal Justice (Surveillance) Act 2009 authorises a small number of public bodies, including Revenue, to undertake surveillance of persons, places or vehicles using surveillance devices. It provides that Revenue’s powers under the Act may be used in respect of a Revenue offence, that is an arrestable offence, under section 14 of the Customs Act...

Written Answers — Department of Finance: Tax and Social Welfare Codes (17 Oct 2024)

Jack Chambers: Carer's Allowance is a means-tested payment for carers who look after individuals in need of care and attention on a full-time basis. The Carer's Allowance, in common with many other social welfare payments, is regarded as a taxable source of income. The level of tax payable, if any, on such income is then determined by the personal circumstances of the recipient, taking into account...

Written Answers — Department of Finance: Tax Code (17 Oct 2024)

Jack Chambers: In general, plant-based drinks are subject to VAT at the standard rate, which is currently 23%. Finance Bill 2024 proposes an amendment to the legislation in this area in order to bring some additional clarity but, importantly, the amendment will not make any change to current taxation of any products. The Deputy is asking about the VAT rate for milk alternatives. Under VAT...

Written Answers — Department of Finance: Social Enterprise Sector (17 Oct 2024)

Jack Chambers: I wish to advise the Deputy that my Department did not make any payments to social enterprise organisations or bodies from1 January 2021 to date. In the interest of transparency I wish to inform the Deputy that the Department pays a membership to the Foundation of Fiscal Studies, a not for profit organisation, of €5,000 annually.

Written Answers — Department of Finance: Tax Code (17 Oct 2024)

Jack Chambers: Following clarification from the Deputy, the tax treatment of ex-gratia lump sum payments is set out below. A taxpayer might receive a lump sum payment as part of a redundancy. A liability to tax arises on the amount of the payment that exceeds either the: Basic Exemption and increased exemption, if due, or Standard Capital Superannuation Benefit (SCSB). The basic exemption is...

Finance Bill 2024: Referral to Select Committee (16 Oct 2024)

Jack Chambers: I move: That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 95(3)(a) and 181(1).

Finance Bill 2024: Second Stage (16 Oct 2024)

Jack Chambers: I move: "That the Bill be now read a Second Time." We are here to begin our consideration of the Finance Bill, which will give the necessary legal basis to the decisions announced in the budget and make a number of other necessary updates to tax legislation. I will highlight some of the key measures contained in the Bill, but first it is useful to look at the context in which it is set....

Written Answers — Department of Finance: Tax Code (16 Oct 2024)

Jack Chambers: In general, Capital Gains Tax (CGT) is chargeable on a gain arising on the disposal of an asset, including a residential property, at the rate of 33%. The first €1,270 of chargeable gains of an individual in any year are exempt from CGT. Section 604, TCA 1997 provides relief from CGT on the disposal of one’s principal private residence (PPR), being a dwelling house together...

Written Answers — Department of Finance: Departmental Legal Cases (16 Oct 2024)

Jack Chambers: It is not possible to provide this information requested in the time available because the Minister for Finance is named as a party on a large number of proceedings which seek damages from the State, without being directly involved in the running of the litigation in circumstances where another Minister may take the leading role in respect of providing instructions on the issue. We do not...

Written Answers — Department of Finance: Data Protection (16 Oct 2024)

Jack Chambers: My Department documents any personal data breaches that have occurred in the Department in accordance with its obligations under Article 33(5) of the General Data Protection Regulation (GDPR). According to records in my Department, there were no data breaches on the part of the Department between 2013 and 2018. The table below provides the number of data breaches by year since the...