Results 5,701-5,720 of 32,433 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 252 and 267 together. 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. The VAT Directive obliges each Member State to have a standard rate of VAT and also allows that a Member State may choose to have no more than two reduced rates of VAT, which may be no less than 5%, and...

Written Answers — Department of Finance: Gender Equality (1 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that under the Civil Service Diversity Policy - A Policy of Equality of Opportunity, the Department of Finance is strongly committed to equality of opportunity in all its employment practices. As an employer, the Department must fulfil its obligations under equality legislation, particularly the Employment Equality Act 1998-2015. The Employment Equality Act...

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 254 and 256 together. The position remains as previously outlined with regards to the application of VAT exemption now rated at 13.5% on earnings over €37,500 for counsellors and psychotherapists. The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Under domestic legislation,...

Written Answers — Department of Finance: Credit Unions (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 255, 261 and 265 together. The Programme for Government includes a number of commitments in relation to the credit union sector.  The Review of Policy Framework is in its final stages with a summary list of proposals having recently been shared with all the credit union representative bodies. A final stakeholder engagement session has been scheduled...

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 257 and 262 together. As the Deputies will be aware, the EU Commission published a proposal on the reform of VAT rates in January 2018 which would allow Member States more flexibility in how they apply VAT rates. The compromise text agreed at ECOFIN in December has been amended significantly in comparison to the original proposal so the EU...

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: I am advised by Revenue that section 865 of the Taxes Consolidation Act (TCA) 1997 provides a general right to repayment of tax where a person has paid tax which is not due.  However, section 865(4) of the TCA provides that that right is subject to the making of a claim within a statutory limit of four years after the end of the chargeable period to which the claim relates.  That...

Written Answers — Department of Finance: Primary Medical Certificates (1 Mar 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons who also meet the below medical criteria, as a driver or as a passenger and also to certain organisations. In order to qualify...

Written Answers — Department of Finance: Banking Sector (1 Mar 2022)

Paschal Donohoe: In response to the Deputy’s question about an EU level investigation into Switzerland, it should be noted that the EU’s methodology for classifying third countries as holding a high risk in regard to money laundering or terrorist financing was revised in 2020. This process takes the equivalent Financial Action Task Force (FATF) lists as a starting point.  Other countries to...

Written Answers — Department of Finance: Departmental Correspondence (1 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that since coming into office, I have not brought policy instructions or policy documents to the attention of An Bord Pleanála.

Written Answers — Department of Finance: Departmental Data (1 Mar 2022)

Paschal Donohoe: At year-end 2021 Gross National Debt stood at €237.2bn. The table below provides a breakdown of that figure into the various debt components. Year-end 2021 €bn Irish Government Bonds 154.1 EFSM/EFSF Loans 40.9 SURE Loan 2.5 Other Medium/Long-Term Debt 5.2 ...

Written Answers — Department of Finance: Tax Code (24 Feb 2022)

Paschal Donohoe: As the Deputy will be aware, the EU Commission published a proposal on the reform of VAT rates in January 2018 which would allow Member States more flexibility in how they apply VAT rates. The compromise text agreed at ECOFIN in December has been amended significantly in comparison to the original proposal so the EU Parliament will once again be consulted for their opinion. While not...

Written Answers — Department of Finance: European Investment Bank (24 Feb 2022)

Paschal Donohoe: At the outset, the Deputy should note that as Minister for Finance, and a Governor of the European Investment Bank (EIB), I have no role in the negotiation of contracts between the EIB and any borrowers here in Ireland. In addition, in my role as a Governor of the EIB, I have no role in the allocation of funding in Ireland, nor do I have the authority to specify which sector funding should...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2022)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) was legislated for under the Financial Provisions (Covid-19) (No. 2) Act 2020. Since the scheme commenced, 51,988 employers have registered and payroll submissions have been filed in respect of 727,662 eligible employees. Subsidy payments totalling €6.5 billion and PRSI credits totalling €1 billion have been processed to date. ...

Written Answers — Department of Finance: Departmental Meetings (24 Feb 2022)

Paschal Donohoe: During the period mentioned in the Deputy’s question I have engaged with the National Women’s Council of Ireland (NWCI) on six occasions including in the context of the annual National Economic Dialogue and Pre-Budget meetings with the Community and Voluntary Pillar of which the NWCI is a member organisation. Officials also attended these engagements. Separately, my Department...

Written Answers — Department of Finance: Tax Reliefs (24 Feb 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. Under DDS provisions, the reliefs from VRT and VAT are generous in nature amounting to up to €10,000, €16,000 or €22,000, depending on the level of adaption required for...

Written Answers — Department of Finance: Banking Sector (24 Feb 2022)

Paschal Donohoe: I published the 8th Update Report from the Special Liquidators in July 2021 and this report is available on my department's website. This report highlighted the ongoing impact which COVID-19 was having on some of the key aspects to delivering a successful winding up of IBRC. In particular, COVID-19 impacted the asset realisation strategies of the Special Liquidators, as well as the timely...

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: How much do your measures cost?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The Parliamentary Budget Office is available to you. I will repeat the question. How much do your proposals cost?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The Rural Independent Group does not know the answer to the question.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: It is bringing forward a proposal for a mini-budget without any understanding of the cost involved in that mini-budget.