Results 5,461-5,480 of 33,118 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (7 Jul 2022)

Paschal Donohoe: I am informed by Revenue that for Capital Acquisitions Tax (CAT) purposes, the relationship between the deceased person (i.e. the disponer) and the person who receives the gift or inheritance (i.e. the beneficiary) determines the maximum amount, known as the “Group threshold”, below which CAT does not arise. The Group A threshold (currently €335,000) applies, inter alia,...

Written Answers — Department of Finance: Tax Code (7 Jul 2022)

Paschal Donohoe: I propose to take Questions Nos. 177 to 180, inclusive, together. I am informed by Revenue that traders are not required to identify the VAT yield generated from the supply of specific services on their VAT returns. Therefore, it is not possible to provide an accurate costing for the potential measures outlined. However, a tentative estimate of the likely costs arising from extending the...

Written Answers — Department of Finance: Tax Code (7 Jul 2022)

Paschal Donohoe: I propose to take Questions Nos. 181 to 186, inclusive, together. I am advised by Revenue that the estimated costs of extending reduced Mineral Oil Tax (MOT) rates, for the periods outlined by the deputy, in respect of petrol and diesel, are shown in the following tables. Petrol Period MOT €M VAT €M Total €M 13...

Written Answers — Department of Finance: Tax and Social Welfare Codes (7 Jul 2022)

Paschal Donohoe: My Department produces a comprehensive set of macroeconomic and fiscal forecasts twice a year, in the spring Stability Programme Update and the autumn Budget. These projections take into account the budgetary measures in place in each year. The costing of specific expenditure measures is a matter for my colleague, the Minister for Public Expenditure and Reform. While my Department does...

Written Answers — Department of Finance: Credit Unions (7 Jul 2022)

Paschal Donohoe: This Government recognises the importance of credit unions. The Programme for Government contains commitments to: - Review the policy framework within which credit unions operate; - Enable and support the credit union movement to grow; - Support credit unions in the expansion of services, to encourage community development; and - Enable the credit union movement to grow as a key provider...

Written Answers — Department of Finance: Credit Unions (7 Jul 2022)

Paschal Donohoe: This Government is committed to helping vulnerable borrowers and has proven this commitment through the enactment of the Consumer Protection (Regulator of Retail Credit and Credit Servicing Firms) Act and the Consumer Credit (Amendment) Act 2022. These bills protect consumers and vulnerable borrowers by extending the consumer protection code to all providers of hire purchase and PCP...

Written Answers — Department of Finance: Insurance Coverage (7 Jul 2022)

Paschal Donohoe: There is a broad legal and regulatory framework in place which governs the provision of mortgages to consumers. Specifically in relation to the requirement for life assurance for the purposes of a mortgage (otherwise known as mortgage protection insurance), section 126 of the Consumer Credit Act 1995 provides that mortgage lenders shall ensure that a mortgage applicant has a life assurance...

Written Answers — Department of Finance: Tax Reliefs (6 Jul 2022)

Paschal Donohoe: The Living City Initiative (LCI) is a scheme of property tax incentives provided for in sections 372AAA to 372AAD of the Taxes Consolidation Act 1997. It offers income or corporation tax relief for qualifying expenditure incurred in the refurbishment and conversion of qualifying residential and commercial buildings located within ‘Special Regeneration Areas' in Cork, Dublin, Galway,...

Written Answers — Department of Finance: Tax Code (6 Jul 2022)

Paschal Donohoe: I propose to take Questions Nos. 39 and 40 together. Ireland’s excise duty treatment of fuel used for air and waterborne navigation is governed by European Union law as set out in Directive 2003/96/EC on the taxation of energy products and electricity, commonly known as the Energy Tax Directive (ETD). The ETD is transposed into national law in Finance Act 1999 (as amended). Under the...

Written Answers — Department of Finance: Public Sector Staff (6 Jul 2022)

Paschal Donohoe: I am not aware of any former county managers and CEOs of local authorities currently working within my Department. In respect of the bodies under the aegis of my Department, the National Treasury Management Agency (NTMA) assigns staff to Home Building Finance Ireland (HBFI), the National Asset Management Agency (NAMA) and the Strategic Banking Corporation of Ireland (SBCI). In respect of...

Written Answers — Department of Finance: Tax Code (6 Jul 2022)

Paschal Donohoe: I am advised by Revenue that the estimated full-year revenue generated from a 40% Capital Gains Tax (CGT) rate being applied to the taxable gains of individuals with aggregate income and gains in excess of €250,000 would be in excess of €85 million. This full-year estimate is based on 2019 data, the latest year for which fully analysed data are available, with the higher...

Written Answers — Department of Finance: Departmental Data (6 Jul 2022)

Paschal Donohoe: I propose to take Questions Nos. 43 and 44 together. The Central Bank of Ireland holds a portfolio of investment assets dominated by investments in traditional assets such as fixed income securities, together with smaller holdings in other suitable asset classes, including gold. The Bank’s investment assets contribute to maintaining its financial independence in respect of operating...

Education (Affordable School Uniforms) Bill 2022: First Stage (5 Jul 2022)

Paschal Donohoe: No.

Double Taxation Relief (Taxes on Income) (Isle of Man) Order 2022: Motion (5 Jul 2022)

Paschal Donohoe: I move: That Dáil Éireann approves the following Order in draft: Double Taxation Relief (Taxes on Income) (Isle of Man) Order 2022, a copy of which has been laid in draft form before Dáil Éireann on 24th June, 2022.

Double Taxation Relief (Taxes on Income) (Guernsey) Order 2022: Motion (5 Jul 2022)

Paschal Donohoe: I move: That Dáil Éireann approves the following Order in draft: Double Taxation Relief (Taxes on Income) (Guernsey) Order 2022, a copy of which has been laid in draft form before Dáil Éireann on 24th June, 2022.

Supplementary Estimates for Public Services 2022: Leave to Introduce (5 Jul 2022)

Paschal Donohoe: I move: That leave be given by the Dáil to introduce the following Supplementary Estimates for the service of the year ending on the 31st day of December 2022: Vote 29 - Environment, Climate and Communications (Supplementary Estimate)

Health (Miscellaneous Provisions) (No.2) Bill 2022: Instruction to Committee (5 Jul 2022)

Paschal Donohoe: I move: That, pursuant to Standing Order 187, it be an instruction to the Dáil in Committee on the Health (Miscellaneous Provisions) (No.2) Bill 2022 that it has power to make amendments to the Bill which are outside the scope of the existing provisions of the Bill, in order to provide for a free contraception scheme for women aged 17-25 who are ordinarily resident in the State; the...

Civil Law (Miscellaneous Provisions) Bill 2022: Financial Resolution (5 Jul 2022)

Paschal Donohoe: I move: That provision be made in the Act giving effect to this resolution for the amendment of the Immigration Act 2004 to provide for the charging in accordance with that Act of certain fees, being fees for the issue to non-nationals of registration certificates.

Arrangements for Parliamentary Questions: Motion (5 Jul 2022)

Paschal Donohoe: I move: That, notwithstanding anything in Standing Orders— (a)Questions to be answered on the second occasion in the summer recess pursuant to Standing Order 52 shall reach the Clerk not later than 11 a.m. on Monday, 5th September, 2022; and (b)the first oral Parliamentary Questions taken on the resumption of the Dáil following the summer recess pursuant to Standing Order...

An tOrd Gnó - Order of Business (5 Jul 2022)

Paschal Donohoe: It is great to see the number of gigs and concerts that are taking place all over our country, the length and breadth of Ireland. There are concerts happening again which are bringing great joy to those who are attending and to the musicians. This issue was raised with me last week by Deputy Cannon. To the best of my knowledge, we are unable to differentiate in VAT law for the musicians,...