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Written Answers — Department of Finance: Departmental Bodies (6 Oct 2022)

Paschal Donohoe: Two of the bodies under the aegis of my Department are fully funded, and one is partially funded, from my Department’s voted expenditure. Details of these three bodies are set out below. The Disabled Drivers Medical Board of Appeal (DDMBA) was established in 1989 to act as an appeals body for those applicants refused a Primary Medical Certificate by the HSE in respect of the...

Written Answers — Department of Finance: Tax Rebates (6 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 162 and 163 together. The Deputy will be well aware of the difficult issues facing households in parts of this country who were badly affected by defective concrete products, which were used in the construction of their homes. That is why this Government has put in place a comprehensive redress scheme to support them. The scheme is currently estimated to...

Written Answers — Department of Finance: Consumer Protection (6 Oct 2022)

Paschal Donohoe: An individual wrote to me on 12 August 2022 and on subsequent dates (the latest of which was 8 September 2022) regarding an alleged breach of section 129 of the Consumer Credit Act 1995 and a reply issued on 31 August 2022. While the Deputy has not provided sufficient information to precisely identify the person he is referring to it is presumed that this is the correspondence to which he...

Written Answers — Department of Finance: Departmental Correspondence (6 Oct 2022)

Paschal Donohoe: This PQ has been submitted to both myself and my colleague the Minister for Housing, Local Government and Heritage, Darragh O'Brien TD, however as the levy is of itself a tax matter I will be providing the one answer made to this question. As was announced in my Budget 2023 speech I propose to introduce a levy on pouring concrete, concrete blocks and certain other concrete products,...

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

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

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

Paschal Donohoe: I propose to take Questions Nos. 167 and 168 together. As was announced in my Budget 2023 speech on September 27th, I propose to introduce a levy on pouring concrete, concrete blocks and certain other concrete products, which are used in the construction of buildings. This levy will be set at a rate of 10% on the price of the concrete product, and will apply at the point of first supply of...

Written Answers — Department of Finance: Departmental Reports (6 Oct 2022)

Paschal Donohoe: The report requested by the Deputy is a Tax Strategy Group (TSG) paper from 24 years ago. It was published and still available online at the time of the previous PQ referenced in 2013, but the hyperlink to the report has now expired following website redesigns in the intervening period. My officials will have to retrieve a hard copy of the report from file storage, and will then send a copy...

Written Answers — Department of Finance: Revenue Commissioners (6 Oct 2022)

Paschal Donohoe: I am advised by Revenue that the Finance (Local Property Tax) Act 2012 (as amended) provides that Local Property Tax (LPT) is payable by the liable person for all relevant residential properties within the State. This legislation also provides for the possibility of deferring the charge to LPT, to assist property owners whose income is below a certain threshold and who may have difficulty in...

Written Answers — Department of Finance: Rental Sector (5 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 100, 106, 111 and 117 together. As the Deputies are aware, on Budget Day, I announced a €500 Rent Tax Credit which it is proposed will be claimable in respect of rent paid in 2022 and subsequent years to end-2025.The estimated cost of this measure in respect of each relevant year of assessment is €200 million. The intention is that, in order for...

Written Answers — Department of Finance: Medical Aids and Appliances (5 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 101 and 113 together. Following the resignation of all members of the previous Disabled Drivers Medical Board of Appeal, effective from 30th November 2021, two Expression of Interest campaigns have been held, seeking suitable candidates for the Board. The Department of Health leads on all actions and tasks with respect to the Expression of Interest...

Written Answers — Department of Finance: Tax Credits (5 Oct 2022)

Paschal Donohoe: I propose to take Questions Nos. 102 and 110 together. At the outset, the Deputy should note that recent Government policy has focused on strengthening the environmental rationale behind company car taxation. Until the changes I brought in as part of the Finance Act 2019, Ireland’s vehicle benefit-in-kind regime was unusual in that there was no overall CO2 rationale in the regime....

Written Answers — Department of Finance: Departmental Meetings (5 Oct 2022)

Paschal Donohoe: Over the period, from the beginning of June 2020 until the end of September 2022, that the Deputy’s question refers to, there have been a total of 48 meetings with the Governor of the Central Bank of Ireland and both myself, as Minister for Finance, and the Secretary General of the Department. I have met with the Governor on 23 occasions during that period and the Secretary General has...

Written Answers — Department of Finance: Financial Services (5 Oct 2022)

Paschal Donohoe: I note the report referred to by the Deputy. In relation to mortgage lending, there are a number of legal and regulatory requirements governing the provision of mortgage credit to consumers. These are primarily designed to ensure that such credit is suitable and affordable for the consumer. For example, the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 requires...

Written Answers — Department of Finance: Departmental Staff (5 Oct 2022)

Paschal Donohoe: My Department launched it's Blended Working Policy on 1st July 2022. The policy was developed in line with the parameters of the Civil Service Blended Working Policy Framework. The office remains the principle workplace and blended working arrangements are agreed at a local level in each business unit. A key principle of the policy is that we ensure business needs are met to the highest...

Written Answers — Department of Finance: Economic Policy (5 Oct 2022)

Paschal Donohoe: Between the start of the year and the end of September, the euro depreciated by 2.6 per cent in nominal effective terms, mainly driven by a weakening against the Chinese renminbi, emerging market currencies and particularly the US dollar. However, the euro is up 5.1 per cent against the pound at the end of September. The 13.8 per cent depreciation in the euro relative to the dollar...

Written Answers — Department of Finance: Period Poverty (5 Oct 2022)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within Annex III of the Directive, in respect of which Member States may apply either one or two reduced rates of VAT. Ireland currently operates two reduced rates of VAT,...

Written Answers — Department of Finance: Financial Services (5 Oct 2022)

Paschal Donohoe: I note that the Deputy’s question refers to the “Right to be Forgotten” in the context of cancer survivors accessing certain financial services, a sensitive issue for many in our community. As the Deputy may be aware, this important policy matter is being considered at EU level. The European Commission’s 'Europe’s Beating Cancer Plan' includes an initiative...

Written Answers — Department of Finance: Departmental Contracts (5 Oct 2022)

Paschal Donohoe: I can inform the Deputy that my Department does not have any contracts, nor any that are subcontracted, with the company named. The Deputy will be aware that the ‘National Public Procurement Policy Framework’, issued by the Office of Government Procurement (OGP) in November 2019, sets out the procurement procedures to be followed by government departments and state bodies in...

Written Answers — Department of Finance: Budget 2023 (5 Oct 2022)

Paschal Donohoe: The Government is acutely aware of the cost pressures facing households and firms, especially the increase in fuel and other energy prices. Government has acted swiftly, and frequently, to address the cost of living challenge. Of course, the drivers of the inflationary environment are primarily global in their nature, and are outside the ability of any one Government to offset in their...

Written Answers — Department of Finance: Fiscal Policy (5 Oct 2022)

Paschal Donohoe: As the Deputy is aware, the Finance Bill each year contains a combination of items announced in the Budget and a number additional items which are not included in the Budget for various reasons. It is my intention to publish the Finance Bill on the 20th of October subject to the agreement of the Government in advance of that date. As the Deputy will appreciate, it would not be appropriate...

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