Results 5,541-5,560 of 32,433 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Housing Schemes (29 Mar 2022)

Paschal Donohoe: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund on Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation. Section 477C Taxes Consolidation Act (TCA) 1997 outlines the...

Written Answers — Department of Finance: Tax Data (29 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 260 and 261 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 Finance Act 1999 (as amended)....

Written Answers — Department of Finance: Tax Code (29 Mar 2022)

Paschal Donohoe: As the Deputy will be aware officials in my Department and their colleagues in Brussels are in frequent contact with the European Commission across a wide range of issues. Discussions may include direct bilateral contact as well as engagement at Working Parties, High Level Working Parties and at Coreper. In addition, as Minister for Finance and President of the Eurogroup I engage directly...

Written Answers — Department of Finance: Revenue Commissioners (29 Mar 2022)

Paschal Donohoe: I am advised that the Deputy’s question relates to PAYE taxpayers. Revenue has advised me that most PAYE income tax returns are submitted online and any refunds due are generally paid to the taxpayer’s bank account within three to five working days. Exceptions may occur where an income tax return is selected for further checking or where Revenue needs to contact the taxpayer to...

Written Answers — Department of Finance: Tax Rebates (29 Mar 2022)

Paschal Donohoe: I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services specified in the Directive, in respect of which Member States may apply a...

Written Answers — Department of Finance: Office of the Comptroller and Auditor General (29 Mar 2022)

Paschal Donohoe: The Office of the Comptroller and Auditor General is a body under the aegis of my Department and is an equal opportunities employer. Its recruitment and promotion activity is undertaken in accordance with the Public Service Management (Recruitment and Appointments) Act 2004 and the code of practice issued by the Commission on Public Service Appointments. I am informed by the Office of the...

Written Answers — Department of Finance: Departmental Data (29 Mar 2022)

Paschal Donohoe: I can advise the Deputy that my Department does not have retainers with any outside organisations.

Written Answers — Department of Finance: Tax Reliefs (29 Mar 2022)

Paschal Donohoe: I am informed by Revenue that Tax and Duty Manuals are regularly reviewed, and updated examples included where necessary to provide clarity to taxpayers. Tax and Duty manual 23-01-36 provides an overview of how relief for the increase in the carbon tax on farm diesel operates, as is provided for by section 664A Taxes Consolidation Act 1997. The relief operates by allowing farmers, in...

Written Answers — Department of Finance: Tax Yield (29 Mar 2022)

Paschal Donohoe: Carbon Tax receipts are published on the Revenue website at link: www.revenue.ie/en/corporate/information-about-revenue/statis tics/excise/receipts-volume-and-price/excise-receipts-commod ity.aspx This includes a breakdown of receipts by commodity, from the introduction of Carbon Tax in 2010 up to 2020. I am advised by Revenue that the provisional amounts raised through the Carbon Tax in...

Written Answers — Department of Finance: Departmental Consultations (29 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that the below table sets out the providers of diversity and inclusion training in the Department for years 2018 to 2021 and to date in 2022 and the costs associated with same. Year Provider Cost No. of Participants 2018 CMC Business Psychology €5,610.26 53 2021 ...

Written Answers — Department of Finance: Banking Sector (29 Mar 2022)

Paschal Donohoe: The Senior Executive Accountability Regime (SEAR) is a key element of the Central Bank (Individual Accountability Framework) Bill which 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...

Written Answers — Department of Finance: Housing Schemes (29 Mar 2022)

Paschal Donohoe: The Help-to-Buy (HTB) is an incentive for first-time property purchasers to help with the deposit needed to buy or self-build a new house or apartment as a home. The qualifying criteria for the HTB includes that first-time purchasers must take out a mortgage with a qualifying lender that is at least 70% of the value of the property or approved valuation in the case of a self-build. The...

Written Answers — Department of Finance: Tax Exemptions (29 Mar 2022)

Paschal Donohoe: I am advised by Revenue as follows: Section 664 of the Taxes Consolidation Act 1997 sets out the criteria which must be met for relief for certain income from the leasing of farmland to be allowed. Farmland must be let by a qualifying lessor under a qualifying lease to a qualifying lessee. The amount of the relief is subject to certain limitations. A qualifying lessee may be an...

Written Answers — Department of Finance: Tax Rebates (29 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 273 to 277, 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 Finance Act 1999 (as...

Written Answers — Department of Finance: Public Sector Staff (29 Mar 2022)

Paschal Donohoe: I am informed by the Central Bank that at the end of February 2022, the Active Full-Time-Equivalent (“FTE”) was 1,982.6 staff working in the Bank. This figure includes 42.8 Active FTE working within the Registry of Credit Unions Division.

Written Answers — Department of Finance: Credit Unions (29 Mar 2022)

Paschal Donohoe: The Central Bank and Credit Institutions (Resolution) Act 2011 (the “2011 Act”) established a resolution regime for credit institutions and credit unions in Ireland. The Credit Institutions Resolution Fund (“CIRF”) was established under this legislation to support resolution actions in the State, and is managed and administered by the Central Bank of Ireland....

Written Answers — Department of Finance: Departmental Staff (29 Mar 2022)

Paschal Donohoe: I wish to advise the Deputy that there are currently no civil servants in my Department on secondment to the private sector.

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (24 Mar 2022)

Paschal Donohoe: I should have acknowledged Senator Fitzpatrick also. I know she has been inspired by the service her late father gave. We cannot but be moved when we spend time with those arriving to our country and fleeing their homes. We cannot but be moved by all they have gone through and be reminded of the commitments we will have to them in future. With regard to the particular point made by the...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (24 Mar 2022)

Paschal Donohoe: I am not aware of the Government's commitment to the A5 project being in any way diminished or changed. I will of course follow up on any development that may have prompted the Deputy's question. I am aware as a former Minister with responsible for transport of the particular status of the road and how important it is to the communities the Deputy has referred to. I am sure some of the...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (24 Mar 2022)

Paschal Donohoe: I need hardly tell the Deputy there is no silver lining in this awful cloud and the dark skies we are all confronting together. The Deputy's point and question is a reminder of the skills and expertise that will be coming to our country with people leaving their homes for reasons we all know are appalling and have to be condemned at every moment. I am also well aware of the need that we...